We continue to adhere to a common-sense view of risk - how much we can lose and the probability of losing it. While this perspective may seem over simplisticor even hopelessly outdated, we believe it provides a vital clarity about… — Seth Klarman Copy Share Image
I wonder if one can view risk like a drug, beneficial to the organism in the proper dose. Too much or too little may be harmful... — Tom Hornbein Copy Share Image
