Business
Ryan Kia (of Quantiumresearch.co.uk) looks at the idea of preventing large, one-off exogenous risks. He first briefly introduces portfolio-focused hedging techniques (the traditional buying of "puts" in a long-focused portfolio), to then look at recent headlines regarding Lebanon & Mauritius. He also touches upon the fatal "Deepwater Horizon" disaster and its costs (to date) of $65bn for BP, with an emphasis on how the responsible actions of executives at competing firms have prevented the occurrences of similar disasters in the present day. "Sometimes, the real heroes go unnoticed, simply because they know how to get their jobs done - without fail"