Capital Preservation: What Keeps Burgundy Up At Night?

Capital Preservation: What Keeps Burgundy Up At Night? by Burgundy Asset Management Regardless of market conditions, there is one question we regularly field in client meetings: “What keeps you up at night?” For me, it is a potential misunderstanding between us and our clients. In the financial world, it is easy to see how misunderstandings happen. There is an enormous amount of interchangeable financial jargon which, not surprisingly, leads to confusion. For instance, stocks, equities and securities can all mean the same thing, but Return on Equity (a common financial metric) has nothing to do with equity market returns. Confused…