For a variety of reasons, SWF employees are typically quite reserved and guarded when speaking to the press. Not so for Dr. Alexander Mirtchev, who is the Independent Director and a member of the Board of Directors of Kazakhstan’s $30 billion National Welfare Fund Samruk-Kazyna. Mirtchev has given quite a compelling interview to G20 magazine (you can go directly to the interview here), and his candor and thoughtfulness sets him apart from his peers. Accordingly, I thought I’d do another ‘deep thoughts by…’ post, which is now becoming a regular segment (see here, here, here and here). Anyway, I want to highlight Mirtchev’s thoughts on investment strategy and risk management, which I found rather interesting:
