“ Well-planned risk begins at home ”

By having direct access to company figures, macro-economic trends and investment offers and solutions, the private investor has numerous means at his disposal to succeed in stock exchange investments. However, whilst he may have a good grasp of all his risks, he cannot control all of them, starting with the principle: himself.

The leading investors do not fall into this trap. In fact, Benjamin Graham has said that the investors’ main enemy is none other than himself. Warren Buffet was fond of saying that “the most important quality for an investor is temperament, not intellect”. This, to control the urges that can lead others to take misguided investment decisions.