With Reference To A Real Life Example Discuss Money Management vs. Risk

(The Titanic) Ignoring the time zone difference, it was 90 years ago that the RMS Titanic, on her maiden voyage in 1912, struck an iceberg. The collision was not head-on. The berg bumped and ground along the starboard side and then was gone into the calm, moonless night. At first, few thought the damage serious. It was difficult to coax passengers into the lifeboats. Yet three hours later, the Titanic slammed into the ocean floor almost 4000 metres …

…whole industry. As the sinking bow lifted the stern a hundred feet in the air, Titanic's own weight broke her back and ripped her in two. The enormous screaming of tons of metal tearing was a sound that haunted the survivors all their lives. I hope Andrew's thoughts had given him some sense of consolation when the hungry North Atlantic stalked into the lavish Georgian drawing room to take away his sorrow and his shame.