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.
2 comments:
I am very ignorant re finance, so what is a hedge fund, please?
A: Money given to a gambler.
http://en.wikipedia.org/wiki/Hedge_fund
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