A fabulously rich man was invited to visit a stock exchange one day, and the stock brokers were eager to meet him to pick his brain. What investments does a super rich person do? They were all curious, and someone asked the question. “Government bonds,” the man replied flatly. A little let down by the unexciting answer, one of the brokers remarked, “that’s not going to earn you a lot of money.” Without missing a beat, the rich man responded dryly, “well, it does if you have many, many millions in them”. I can’t quite recall where I heard this story from, but it has stuck with me. When you’re ahead, you hardly have to take any risk; you’re already winning! Conversely, if you’re behind and play it really safe, chances are you are probably not going to pull ahead, or even reach the finish line. As a relatively conservative person,...