We live in truly unprecedented times, and it remains unclear when, or how, we will return to what will be the new normality. 2020 marks the 41st year of my career in the stock market. I have seen several meltdowns during that time (I am one of the few people still working who lived through Big Bang in 1986), but even I have never experienced such a comprehensive market collapse caused by a pandemic, accompanied by such a virtually total shutdown of economies across the world. I have learnt, however, that it is especially important at times of crisis to avoid being sucked into shorttermism, to which the sheer onslaught of news lures investors.
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The Hardman & Co Lockdown Compendium
- Published:
10 Apr 2020 -
Author:
Hardman & Co Research Team -
Pages:
288
We live in truly unprecedented times, and it remains unclear when, or how, we will return to what will be the new normality. 2020 marks the 41st year of my career in the stock market. I have seen several meltdowns during that time (I am one of the few people still working who lived through Big Bang in 1986), but even I have never experienced such a comprehensive market collapse caused by a pandemic, accompanied by such a virtually total shutdown of economies across the world. I have learnt, however, that it is especially important at times of crisis to avoid being sucked into shorttermism, to which the sheer onslaught of news lures investors.