In this article Dan Miles discusses the impact of speculating rather than investing and the trends we are seeing in this area. This includes the rise of the Finfluencer and speculative advice, trading based on a word from central banks, tech companies trading on absurd valuations (40 to 70 times earnings) and the continued rise of leveraged, complex securities and cryptocurrencies.
Portfolio Insights April 2022 – Speculating versus investing
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