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The market crash seen in March didn ’ t affect all companies equally and while healthcare and tech stocks surged , many of their consumer-facing counterparts plummeted
philosophy based on the approach taken by Warren Buffett , which means “ focusing on the operating performance of businesses rather than the share price ”. The manager says if ever there was a year when it paid to ignore “ the noise ”, it was 2020 . “ The market dropped by roughly 25 per cent in the first three weeks of
March and it would have been easy to have sold everything back then based on all the negative sentiment and an inability to see into the future ,” he notes . “ But thank goodness we didn ’ t . We just continued to do what we always do , which is when we ’ ve got cash and we see value , we put it into stocks . You can be whipsawed so badly by things like that if you get
PERFORMANCE OF INDEX IN 2016
FTSE 100 ( 19.07 %)
20 % |
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15 % |
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10 % |
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5 % |
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0 % |
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-5 % |
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-10 % |
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-15 %
Jan16
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Mar |
May |
Jul |
Sep |
Nov |
Source : FE Analytics |
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TRUSTNET |
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