Stephen Cranston Writer & columnist

Allan Gray is running a radio campaign to say that as long-term investors, it believes the right decision is often to do nothing. Keeping a cool head is one thing, not paying close attention to markets that change constantly, quite another.

Of course, investors looking for a static approach can save a lot of money using index funds and fixed-asset allocation. I hope their definition of long-term investing is that you could sleep through lockdown and it wouldn’t have mattered as nothing gets changed...

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