If you can keep your head when all about you are losing theirs
Piet Viljoen - October 2018
In the latest edition of REFOCUS, portfolio manager Piet Viljoen discusses how being part of a crowd is generally a good survival strategy but doesn’t work in investing. He talks about what determines success in investing and cautions investors to pay attention to things they already know to be true, rather than expending effort trying to know what they cannot know. He concludes with what he believes to be a sensible strategy for investing in volatile and uncertain times.