The "greater fool" theory of investing
Submitted by anton@antlerfin... on Tue 29 Sep 09
Many equity investors are hoping they will profit in a potentially overvalued equity market purely because there is a "greater fool" out there who will buy their holdings at inflated prices...
The attached article was written by Dr. Venkatraman Anantha Nageswaran, Chief Investment Officer at Julius Baer. He advocates continued caution in equity markets.
| Attachment | Size |
|---|---|
| CIO Julius Baer.pdf | 392.13 KB |
Comments
Related News
How to Survive and Succeed Through a Bear Market11 October 2008
John Montgomery is the founder and a portfolio manager at Bridgeway Capital Management - This article makes a lot of sense despite being from a US perspective. |
Take the emotion out of your investment decisions13 August 2008
Written by Johan de Lange, a director at Allan Gray Investor Services
|
RA Season ends Feb 2804 February 2010
Anton Muller - Attached is a sensibly written reminder of why an RA is actually a good thing. Almost all of us know at least one horror story regarding traditional Retirement Annuities and the... |