It is easier to be a critic than a creator, a consultant than an entrepreneur, or a commentator than an investor. The two headlines are from the Financial Times, the hometown newspaper for people like us. One is from December 2016, the other from December last year. In our comment last month we wrote about “Same procedure as last year? Same procedure as every year!”. It always appears smarter to be worried about a myriad of problems than to be optimistic and chart a course to reach a goal. One of our core beliefs is that in preserving and growing long-term wealth, the biggest risk comes from taking no risks. That is why we do a lot of work to make they are the right ones.