1. There is no return without risk.
    • Rewards go to those who take risks.
  2. Be transparent.
    • Risk should be fully understood.
  3. Seek experience.
    • Risk is measured and managed by people, not mathematical models.
  4. Know what you don't know.
    • Question the assumptions you make.
  5. Communicate.
    • Risk should be discussed openly.
  6. Diversify.
    • Multiple risks will produce more consistent rewards.
  7. Show discipline.
    • A consistent and rigorous approach will beat a constantly changing strategy.
  8. Use common sense.
    • It is better to be approximately right, than to be precisely wrong.

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Última revisión: 06 de Mayo de 2002