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When an inestimable amount of "Risk" is staring at you, hard in the face, then it is time to back up from the "Danger Zone." That is how I play the Great Game, to respect Grant's first through tenth Rule, which is "Preservation of Capital." It is the identification of the "Risk," which is important, and not trying to handicap the outcome. Many money managers just do this incorrectly and it is often to their detriment. That is my honest observation, as this April marks my forty-fifth year on Wall Street. I do have some