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It is that time again when many “investment professionals” make “predictions” about how various markets will perform over the coming 12 months. The only purpose seems to be to allow us to look back in a year’s time and comment on how pointless such endeavours are....
What Can Sherlock Holmes Teach Investors? In the Sherlock Holmes novel ‘A Study in Scarlet’ the brilliant detective’s sidekick, Watson, is staggered to discover that Holmes is apparently not aware that the earth revolves around the sun. Watson cannot comprehend how an...
Joe Wiggins recently asked over at behaviouralinvestment.com why it is that we all have such a fascination with short-term* forecasts of what a stock or market index may do. _____________________________________ What is short-term*? It is difficult to precisely define...
Any marketing material for unit trusts (collective investment schemes) prominently declare that “past performance is not necessarily a guide to future performance”. There are good reasons for this. Let’s look at an investor, Bob In November 2000 and aged 35, Bob went...
Substituting short term emotional comfort for longer term returns is not a great idea
With the focus of the world now clearly on the Coronavirus you are probably wondering if you should be taking any action?
