10 Aug Great investment quotes for topsy turvy times
Introduction:-
The current environment seems to be one of extreme
uncertainty. We have seen a strong economic recovery from
last year’s global and Australian recessions – but there are
worries about the resurgence of coronavirus driven by the Delta
variant, peak growth, peak monetary and fiscal stimulus, high
inflation, and high debt levels. And ‘get rich quick’ trading
around crypto currencies and “meme” stocks like GameStop on
the back of the Reddit/WallStreetBets forum phenomenon have
seen some question traditional approaches to investing. In the
meantime, investors are getting bombarded with more
information and views around investing than ever.
Despite this, the basic principles of investing remain timeless.
Any investible asset must ultimately provide a fundamental
economic return – usually in the form of earnings, interest or
rent – to be justified and sustained. And we have seen it all
before, whether it’s cycles or optimism about some new
technology or new way of trading, only to see the basic
principles of investing continue to assert themselves.
Fortunately, some investment experts have a knack of
encapsulating this in a few words that are insightful and
inspiring. Over the years, I have compiled various insights
highlighting such quotes. This one looks at those of particular
relevance to the environment investors face today.
