Investors should always be thinking about risk. And when thinking about risk, it is important to distinguish between risk that is in your grasp to mitigate, and the inherent risk of doing anything. You should also think about how much of your future you are constricting in the name of risk management today. If good investing in businesslike, and Mr. Market is an irrational and temperamental entity, what risk is measurable and sensible in the face of a volatile environment?
This was great Nick.