Every year brings market surprises, but 2025 was a masterclass in how fast sentiment can turn and why investors need to stay vigilant.
For much of the year, almost everything worked. All asset classes rallied. Then pockets of the market ran out of steam – from Bitcoin to Broadcom, Oracle and DroneShield – a reminder that hot trades can cool quickly.
It was also the year Warren Buffett announced his retirement, closing one of investing’s greatest chapters. His parting advice felt timely: “Don’t beat yourself up over past mistakes – learn at least a little from them and move on. It is never too late to improve. Get the right heroes and copy them.”
No doubt a few of us felt we could have done better.
