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Baillie Gifford American good buy atm?
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Thrugelmir said:Steve182 said:
That said I took that view 12 months ago and sold out of a lot of my US investments, only to miss out on a circa 25% increase in the S & P in 2021.“Like a bunch of cod fishermen after all the cod’s been overfished, they don’t catch a lot of cod, but they keep on fishing in the same waters. That’s what’s happened to all these value investors. Maybe they should move to where the fish are.” Charlie Munger, vice chairman, Berkshire Hathaway1 -
In 2020 BG American rose by 121% - I think with any fund that had risen that much in one year, it would have been sensible at that time to have taken some of the gains and put that money into other funds to rebalance your portfolio.
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