The Merchants Trust: Lessons from history- How do long-term investors navigate market bubbles?
In this episode of A Value View, The Merchants Trust's Simon Gergel, Andrew Koch and Richard Knight explore what previous market bubbles can teach long-term investors. Genuine technological change can sometimes lead to excessive enthusiasm, clouding the judgement of even risk averse investors. They consider how the fear of missing out can draw investors towards the crowd, and why many investors fail to identify bubbles before they get left behind. The team also discuss the opportunities that can emerge when capital becomes concentrated around a dominant theme. Rather than trying to predict wh…
