Trustnet Magazine 71 March 2021 | Page 20

Anthony Luzio asks the experts if there is ever a time to take a shortterm approach to investing
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Anthony Luzio asks the experts if there is ever a time to take a shortterm approach to investing

Cut a long story short

Every fund manager will tell you that investing is about taking a long-term view and the past 10 years have proved why : quality growth stocks that can deliver the goods throughout all market conditions have left their cyclical peers in the dust . Meanwhile fund house Baillie Gifford , which focuses on the winners of the future , has wiped the floor with everyone . Yet the rising threat of inflation has recently turned the market on its head , with cyclical stocks rallying and the tech winners that surged in 2020 giving back a significant chunk of last year ’ s gains . While few people would bet against the likes of Amazon or Google coming out on top over the long term , the consensus now appears to be that there are better opportunities in value stocks paying dividends on the

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