Money Makers

It is good to report that the markets have made a positive start to the year, with both equity and bond markets making gains in the first week of the year, boosted by a positive jobs market data release in the United States. This week I have recorded a video looking at the leaders and laggards of the past year (link below). I will be following that up with a series of videos about the Money Makers portfolios. Stuart's latest profile is of the Monks investment trust (ticker:MNKS). 

2022 in hindsight The table of leaders and laggards I talk to in the video this week does not make for happy read...

My end of year thoughts are quite short. One reason is that by the nature of my involvement in the markets my thinking does not change suddenly at the end of a calendar year, but evolves slowly as time goes by (so you have already heard most of what I think already). A second reason is that I have long eschewed making predictions for the year ahead, since most such exercises often turn out to be worse than unhelpful, as a 12 month time frame is essentially both unpredictable and arbitrary. Most investors sensibly have a longer time horizon and while it makes sense to review your portfolio at r...