What Walmart says about today's have-cake-and-eat-it investors

Whether it is overzealous health and safety officers or rigid financial regulations, we live in a world where risk-taking appears to be increasingly frowned upon. Perhaps that is why action films are so enthralling: they fulfil a primeval urge the modern world seeks to restrict. In the world of investment, the avoidance of risk has its benefits. One of the surest ways to grow your wealth is to avoid periods of losses, since returns will quickly compound. A key part of the spectacular success of Warren Buffett is that, in nearly five decades of investing, the per share value of Berkshi...