“The single greatest edge an investor can have is a long-term orientation”, according to Seth Klarman, the American billionaire hedge fund investor. On the Hargreaves Lansdown platform the number of people with more than £1m in their ISA has increased from just three in 2012 to 168 today. However while this sounds very impressive, £1m doesn’t seem that fanciful given full historic contributions to PEPs and ISAs since 1987 would have added up to more than £291,000. We calculate that an investor w ....
27 Feb 2019
A marathon not a sprint
Scottish Mortgage Investment Trust Plc (SMT:LON), 813 | European Opportunities Trust PLC GBP (EOT:LON), 840 | Impax Environmental Markets PLC (IEM:LON), 382 | European Opportunities Trust PLC GBP (EOT:LON), 840 | ICG Enterprise Trust PLC GBP (ICGT:LON), 1,208 | Oakley Capital Investments Ltd Registered (OCI:LON), 476 | Schroders Capital Global Innovation Trust Plc GBP (INOV:LON), 12.1 | Alliance Trust PLC (ATST:LON), 1,208 | Lowland Investment Co PLC (LWI:LON), 122 | Finsbury Growth & Income Trust PLC (FGT:LON), 816
A marathon not a sprint
Scottish Mortgage Investment Trust Plc (SMT:LON), 813 | European Opportunities Trust PLC GBP (EOT:LON), 840 | Impax Environmental Markets PLC (IEM:LON), 382 | European Opportunities Trust PLC GBP (EOT:LON), 840 | ICG Enterprise Trust PLC GBP (ICGT:LON), 1,208 | Oakley Capital Investments Ltd Registered (OCI:LON), 476 | Schroders Capital Global Innovation Trust Plc GBP (INOV:LON), 12.1 | Alliance Trust PLC (ATST:LON), 1,208 | Lowland Investment Co PLC (LWI:LON), 122 | Finsbury Growth & Income Trust PLC (FGT:LON), 816
- Published:
27 Feb 2019 -
Author:
William Heathcoat Amory -
Pages:
6
“The single greatest edge an investor can have is a long-term orientation”, according to Seth Klarman, the American billionaire hedge fund investor. On the Hargreaves Lansdown platform the number of people with more than £1m in their ISA has increased from just three in 2012 to 168 today. However while this sounds very impressive, £1m doesn’t seem that fanciful given full historic contributions to PEPs and ISAs since 1987 would have added up to more than £291,000. We calculate that an investor w ....