Don’t let Trump derail your wealth creation plan
How much time have you spent reading about tariffs over the past two months? If you’re like me, it’s been hundreds of hours. And how many of these hours have been useful to your investing? If you’re like me, the honest answer would be zero.
In a recent interview, Emma Fisher of Airlie Funds Management alluded to this, saying that we’d all become economists:
“There’s a great saying: In bull markets, everyone becomes a long-term investor; in bear markets, everyone becomes a macro economist.”
And specifically on tariffs, she said:
“We saw it in COVID. A lot of people focused on ‘hey, I’m going to figure out where the virus is going next and become an expert in virology.’”
What Fisher suggested was that we spend so much…
