MICHEL PIREU: Study the analyses to create your own crystal ball
There has been no shortage of financial advice from pundits as to how investors should best respond to this crisis — what to do, what not to do. But, as Kate Andrews pointed out in The Spectator: “We’re all flying blind. Is this or that inevitable? We’ll find out soon enough.” Which for now at least suggests we may be better off knowing which questions we can’t answer, rather than to trying to answer them.
That’s not to say those best placed to give advice shouldn’t do so, but that what’s likely to be more useful is more analysis, to better understand what lies behind the advice. What might that look like?..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.