Ask Colin

What is the biggest challenge facing traders and investors at the moment (April 2002)?

Ignoring the gurus who seductively tell us that "it is different this time".

It seems to me that there are differences that are superficial, but the underlying dynamics of markets play themselves out in much the same way every time. We have to be aware of history and its many twists and turns. That will help us to see past all the circumstances and focus on the basics. Get the basics right and everything else looks after itself.

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