Preparing well for a long, hard winter
when in Baltimore some 20 years ago I recall then leading US mutual fund expert Jeffrey Laderman warning that a great danger for many is that they choose their funds almost as if they are ‘wonder drugs’.
“You give your doctor a call and say, ‘How about writing me some prescriptions for the two or three that you think are the best’. Sounds absurd, doesn’t it? Too many choose their investments the same way. They hear about a hot-performing
