Podcasts · Many Happy Returns

Capital Preservation: The Art of Not Losing Money, with Jasmine Yeo from Ruffer

· 49 min · Episode 210

Episode Capital Preservation: The Art of Not Losing Money, with Jasmine Yeo from Ruffer

0:00 48:51

No one likes to lose money. And some funds are designed to deliver a positive return whether markets go up, down, or sideways. Sounds easy. It isn't.

We’re joined by Jasmine Yeo, fund manager at Ruffer, to discuss the art of capital preservation.

And in today’s Dumb Question of the Week: If markets usually go up, why spend so much time thinking about what could go wrong?

---

Thank you to Lightyear for sponsoring this episode.

I opened my 2025/2026 ISA with Lightyear. If you want to try them out as well, use PENSIONCRAFT to get between £10 and £100 in a fractional share or ETF in your General Investment Account. See full T&Cs at lightyear.com/pensioncraft. Capital at risk. ISA terms apply. Promotional terms apply.

---

Get in touch

📧 mhr@pensioncraft.com

🎧 many-happy-returns.captivate.fm

---

Join PensionCraft

🌐 Become a member at pensioncraft.com

▶️ Subscribe on YouTube

---

Disclaimer

This podcast is for informational and entertainment purposes and is not financial advice. We do not provide recommendations or endorse any decision to buy, sell or hold any security. We cannot be held responsible for any actions listeners may take and investors are encouraged to seek independent financial advice.

Music ID: ZVMI9V6X4SOWSHY0

Copyright 2026 Many Happy Returns

The episode on the publisher’s site (opens in a new tab)

Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.