An interesting assessment of UK equity investment trends, questioning how fruitful it is to continually buy expensive stocks in 'big' and 'safe' names.
Historically this has been a sensible strategy for securing returns in the short-term. However, with expensive stocks only increasing in price and short-term volatility from the US-China trade war and Brexit, it may be time to diversify one's portfolio with a longer-term outlook on Private Equity.
The complementary ditty 'the trend is your friend' has a comforting ring to it. But is the idea of continuing to buy shares at increasingly high prices really sensible?