Fund manager sees ‘once in a generation’ opportunity
asset management | funds | generation | investors | long-term | opportunity | Stock | stock markets | Tom Caddick | www youtube
Stock markets have fallen so far that they now offer brave, long-term investors a ‘once in a generation’ opportunity, according to LV Asset Management’s Tom Caddick.
While there is little sign of the bad news letting up, stock markets tend to look forward, rather than backwards, and will anticipate a recovery before it happens.
He’s backing up his brave talk by investing his own money in his funds.
However, he warns that while it could feel great in the long-term, don’t expect markets to rise immediately.
Post Your Comment
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/



