MONEY
IF I COULD TURN
BACK TIME…
Anthony Luzio asks a selection of fund managers what they would do differently if they
could change one thing over their career managing money
W
hile it can be
counterproductive to
dwell on past mistakes,
learning from them isn’t – and
learning from the mistakes of others
means you don’t have to make them
in the first place. Here a selection of
fund managers reveal what advice
they would offer to their younger
selves if they could turn back time.
2
DON’T WORRY ABOUT
THINGS OUTSIDE YOUR
CONTROL
Jan Luthman, manager, Liontrust
Macro Equity Income
“Many years ago, in a far-off land,
I needed surgery – under local
anaesthetic, with me strapped to the
operating table to prevent me from
leaping off. For my surgeon, it was
routine. For me, a first-timer with
no idea of the procedures involved,
no certainty of outcome, and only
‘noises off’ to provide clues as to
progress, it was unsettling.”
“However, my worries over
short-term issues beyond my
control did nothing to change the
long-term outcome. The end resul