Audio Pixels - Research Report - 24th Of June 2020, page-72

Given the state of global and even local trade if that was to happen I doubt if having money in the bank would be safe either. The bird in the hand argument is always impossible to evaluate ones way around. How do you assign probabilities to something like that? How do you hedge against it? My short answer is you can't. We are all having to face up to the fact that the world does not give a toss about our convenience when it makes a move such as an earthquake, a pandemic, or advancing climate change, not to mention deliberate global conflict. The chips (excuse the pun!) fall where they will and we have no umpire to appeal to. Given the likelihood of those eventualities it is better not to put all your eggs in any one basket, and to be honest wealth is simply one of those baskets. Life is bigger than that. Short of that we pays our money and we hopes that things work out OK.