Lesson type: Understanding investment philosophy
Rockets and risk: managing for success
What do investment success and space travel have in common? Although they may not appear to hold much common ground, when reaching for the moon or managing millions of dollars, precision is key, and risks need to be minimised. Franklin Templeton Investments examines the comparison between space travel and financial advice, and outlines how advanced simulations and in-depth knowledge are used to seek out the best results.
This article was written by Tilak Lal, VP, Performance Analysis & Investment Risk, Franklin Templeton Investments.
It was first published by Franklin Templeton Investments.