Latest Views & News

A Day is a long time, let alone a Week - how can one be a rational investor in the face of madness?

By Nigel Somerville | Sunday 20 December 2020


 


It was Harold Wilson who said that a week is a long time in politics. It seems now that a day is an eternity. One moment Christmas is all on, the next day it is all off. Yesterday, London and much of the surrounding area were again plunged into crisis: it was placed in Tier 4 of a three tier system  to control Covid-19 – effectively it is in Lockdown 3, only days after Lockdown 2 came to an end. Lockdown 2 must have been a great success then?! I have complained before that it is impossible to run a business under such circumstances – see Tom Winnifrith’s Bearcast yesterday – and consequently, as an investor, investing is made impossible.

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:


Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

 

GetAFix

Malcolm Stacey is Moving House

Monday »

WG

Wood Group - a Buy (again)?

 

Bear

Video: Bubbles always implode

Tuesday »

MNDI

Mondi – a recovery and income Buy?