Jonathan Davis

The perils of insouciance

Jonathan Davis says investors’ disregard for risk has paid off handsomely in 2006 — but it may not in 2007

issue 09 December 2006

Jonathan Davis says investors’ disregard for risk has paid off handsomely in 2006 — but it may not in 2007

A good general rule for investors is to take no notice of consensus predictions about what is going to happen in the next 12 months. The track record of year-end investment punditry is consistently poor.

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