Tom Scanlan, Lionhart

2008 has been an unpredictable year to say the least and 2009 looks like it will be more of the same. As a manager, I believe the most important thing you can take into next year is flexibility. Not just in terms of the way you trade but also in operational terms - prime broker relationships, legal options and brokers. It is a question of making sure you know where your risks are and being flexible enough to navigate your way through them. It is important to look to markets that offer opportunit