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MHT#16 - Driving In The Rearview Mirror
Money Hat-Tip Personal Finance Podcast
English - November 30, 2017 03:00 - 17 minutes - 15.6 MB - ★★★★★ - 2 ratingsBusiness finances money advice personalfinance Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: MHT#15 - The Sound of Silence
Next Episode: MHT#17 - The Priceless Gift
In this episode of the UK’s leading personal finance podcast, Nick:
Discusses a “do-nothing” Budget. Laments the Ashes series and the coldness of Twickenham. Basks in more glowing reviews for the podcast. Discusses calendars in the ever-popular “Relationship Hat-Tip” segment. Talks about how silly it is to make short-term investment decisions.
Too many people in financial services make short-term decisions, in the context of decades-long financial plans. This is very sub-optimal. Will we ever learn from previous lessons, or will people still try and drive whilst looking in the rearview mirror?
LINKS:
Nick’s investment philosophy statement. The Telegraph article on Neil Woodford.
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