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Acuity 3: If Risk Is The Answer, What Is The Question?

Download Acuity 3

We've become accustomed to thinking of risk as a bad thing. But as investors, understanding and embracing risk in a calculated and thoughtful way is essential for a good investing experience. Volume three of Acuity discusses how our approach to risk should be guided by our goals, how we approach the market and our financial and personal tolerance for uncertainty.

2026: Looking backwards and forwardsAcuity2026: Looking backwards and forwardsIn this issue, we reflect briefly on 2025, focusing on several themes frequently raised by investors - most notably around the notion of an AI 'bubble'. The article places the past year's market returns within a longer term historical context.
The balancing actAcuityThe balancing actThis issue looks at how the mix between bonds and stocks shapes long term outcomes. Using data from February 1979 to November 2025, the chart shows best, worst and average annual returns for portfolios ranging from 100% bonds to 100% stocks. Too little stock market risk and your portfolio may strugg
INSIGHT: Currency risk through a long term lensAcuityINSIGHT: Currency risk through a long term lensFollowing the previous issue’s long-term view on markets, this issue applies the same lens to currency risk, examining the recent depreciation of the US dollar and what it means for globally diversified. Using a simple worked example and historical data, it highlights why currency fluctuations - whi
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