Morton Wealth, Released on 8/28/24
Here are some key takeaways from the discussion:
• It is important to decide if you are a speculator or an investor.
• Investors must be patient and adopt a long-term perspective in their investment strategies, focusing on the intrinsic value of what they are buying, and aiming to hold assets for extended periods of time, often through fluctuations.
• A speculator’s primary goal is to capitalize on market trends. This can be riskier since they are trying to time the market, which is often impossible.
• Grant highlights gold as a reliable store of value during turbulent times.
• With increasing geopolitical risks, high debt levels, inflation, and upcoming policy decisions, this is a time of instability where investors need to not only worry about growing their wealth but keeping it.
• Grant encourages investors to stay updated with the news and consider how governments and central banks may react to certain events or solve issues, and how their policies could impact one’s investments. It is important to be adaptable in your financial strategy as circumstances change.
Grant Williams is a portfolio and strategy advisor to Vulpes Investment Management in Singapore and an Advisor to Matterhorn Asset Management in Switzerland and the founder and publisher of Things That Make You Go Hmmm… and the Grant Williams Podcast. Grant has decades of experience in finance on the Asian, Australian, European and US markets and has held senior positions at several international investment houses, including Robert Fleming, UBS and Credit Suisse.