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Monday, July 07, 2008

Inflation bad for investors as well as depositors

I wondered recently what was the effect of inflation on shares - are they a hedge? Past history suggests not.

Now there is corroboration from a more distinguished source - the Economist.

And Nicola Horlick says don't buy shares for 2 - 3 years.

Well now, I've been leading the experts for a while. When I call the bottom correctly, it'll be time to start my own hedge fund. Usual terms: 2 and 20.


Welshcakes Limoncello said...

I am very ignorant re finance, so what is a hedge fund, please?

Sackerson said...

A: Money given to a gambler.