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Warren Buffett once said: “The stock market is a device for transferring money from the impatient to the patient.”
As regional lockdowns loom in light of a renewed spike in coronavirus cases, the near-term outlook may be a bit bumpy, says Gene Podkaminer, Head of Research at Franklin Templeton Investment Solutions.
As we approach the end of 2020, investors are now in a better position to digest the fundamental impact of the Covid-19 pandemic and what lessons can be learnt. Our principal takeaway thus far is that strong, adaptable businesses deliver under even the most trying of circumstances.
The strongest deterrent against FSP compliance missteps is or should be: