Too big to succeed? When you’re #1, you have a bright target painted on your back. Does our tendency to punish our winners hurt their investors? Yes. In fact, we find the leader in any sector underperforms the average stock in its own sector by 3.5% in the next year … and the next year … and the next year.”
While the Venezuelan beer crisis just doesn’t seem to be capturing the collective investor imagination, and neither does reducing oil prices or the impending legislation to bring fracking activities to almost half of Britain’s land mass, let’s talk Puerto Rico, instead.
It seems hundreds of thousands of individual Chinese investors, alongside several banks and metals companies, have lost £billions on the world’s largest rare metals platform, the Fanya Metals Exchange, after the company froze access to its funds in April. And…
UK homeowners over the age of 55 have broken the type of record you don’t want to see crumble; equity release. And that’s despite the door opening on 6th April for greater access to pensions income.