Thanks very much for the pearls of wisdom.
Investment is complex, and to help clients understand the important concepts many of us use a good analogy. Often the analogy may be about cars, or sport. Today Jim Parker, Vice President at Dimensional Fund Advisors is pulling on the explanatory power of sailing around the world to help understand some of the vagaries of the investment world. There are clear similarities between the challenges of navigating a ship around the world through difficult seas and inclement weather and those of steering an investment portfolio around the geopolitical and economic rocks of uncertainty. Hopefully you will enjoy the comparison.
by John Stirling
Thanks very much for the pearls of wisdom.