Question

ADVISE ON HOW BEST FINANCIAL RISK MANGAERS OF THE FIRST HUNDRED YEARS SHOULD PREPARE FOR THE NEXT PANDEMIC

Answer 1

"Precaution is better than cure". Same principal shall also apply for risk managers. The best financial risk managers must prepare themselves at all times for uncertainty. Some of the measure are :

1. Diversification - Always diversify your portfolio with negatively or uncorrelated assets or stocks.
2. Invest in fundamentals - Always focus on the fundamentals of the firm you are willing to invest. Companies with holistic vision and ever growing demand are preferred.
3. Continuous monitoring - Investing is not a one time phenomenon but requires a lot of revision and updation from time to time. All the invested assets should be assessed on continuous basis.