Investment Adviser | Issue 9 | Page 38

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SIMPLYBIZ INVESTMENT SERVICES

PUBLIC ENEMY WERE RIGHT :

DON ’ T BELIEVE THE HYPE

Duncan Lamont CFA , Head of Strategic Research , Schroders
In 13 of the past 18 years , not a single US stock which was a top 10 performer in one year also made the top 10 in the next . In four of the other five , only one managed the feat . In the other , a barely better three did .