Husky Energy saw its profit jump 40% in the second quarter, buoyed by its diversified energy portfolio, its low-risk approach to new business and its no-fuss operational management. That's a reminder that flashy companies don't always finish ahead of their more modest rivals, writes Claudia Cattaneo. "As long-term players like Husky know well, in uncertain times it's better to stay light on promises and then over-deliver, than promise too much and disappoint," she writes.

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