Usually this approach prompts a RACI chart, a spreadsheet identifying key team members and their responsibilities.

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In other words, his approach to investing was to construct stories so that the chart fit his expectations, and in the process, our investing friend may have put his portfolio at risk.

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Azevedo will have to take a nuanced approach to navigate demands at home in Brazil and at the same time chart a new course to build a consensus.

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Under this revenue-neutral approach, there would be losers as well as winners compared with current tax bills (see chart).

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If you were to chart this fund, you would see a very nice upward steady upward trajectory because of the different approach that each manager has to the market, the flexibility that each has.

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