Will the optimists triumph again?

Posted by Robin Powell on March 31, 2020

Will the optimists triumph again?

 

By ROBIN POWELL

 

We are living in extraordinary times, with billions of people around the world more or less confined to their homes as a result of the coronavirus pandemic. It’s very unclear how long it will take for things to return to normal. Indeed, some aspects of our lives may never be quite the same again.

As well as the health concerns that people naturally have, there is also a great deal of fear and uncertainty about the impact of the virus on the economy and the financial markets.

To help explain what’s going on, and to provide some reassurance about recent market volatility, I’ve been speaking to one of the world’s most eminent financial historians, Professor Elroy Dimson, for the latest episode of the TEBI Podcast.

Professor Dimson chairs the Centre for Endowment Asset Management at Cambridge Judge Business School, and is Emeritus Professor of Finance at London Business School. He’s also in the board of FTSE Russell and Sparrows Capital, one of two strategic partners of TEBI in the UK.

He is an accomplished author too and, with Paul Marsh and Mike Staunton, he wrote The Triumph of the Optimists, a landmark study of equity and bond market returns around the world since 1900.

Next Tuesday, 7th April, at 11am UK time, Global Systematic Investors will be hosting a live webinar in which Professor Dimson will be sharing his opinions about the current crisis and its impact on the markets. He will also be taking questions. If you would like to join the event live, please register here — and don’t delay, because places are strictly limited. 

In the meantime, here’s the 45-minute interview that Professor Dimson has just given to the TEBI Podcast. It’s a real cracker, so enjoy!

 

 

 

Robin Powell

Robin is a journalist and campaigner for positive change in global investing. He runs Regis Media, a niche provider of content marketing for financial advice firms with an evidence-based investment philosophy. He also works as a consultant to other disruptive firms in the investing sector.

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