Speculators rush in where investors fear to tread

Consistent and accurate calling of short-term market rotations is a skill that few professional investors have mastered

Most people recognise chasing short-term returns can be a quick way to erode capital. Making investment decisions as a private investor is often fraught with risk, because it is easy to convince yourself you are investing in a rational way. In reality, the 'facts' available are largely speculative. There are, however, a number of disciplines that bode for good investment returns. Buy low, sell high It is easy to be concerned about short-term performance. There are few professional investors who have made a name for themselves by constantly calling short-term rotations in financial mar...