Value investing in 2018: Defence will be as important as the offence

Human prosperity never abides long in the same place

clock • 3 min read

Globally, we are now almost ten years into a period of extremely lax monetary policy which has achieved modest economic growth, skyrocketing asset prices with little or, in some cases, no deleveraging of debt burdens, writes Simon Jaffé, portfolio manager at OLIM Investment Managers.

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