Experts do not know everything. Fund managers and professional investors are full-time workers. They have access to the management team of the company hence subscribe to financial streams for significant data and information. Smart managers have made big mistakes while the market is bigger than them. A big mistake is doubling down on losing investment. Arrogant investors always believe that the market is wrong and they are right ending up buying more of a trailing position. Valeant Pharmaceuticals International Inc. is the best example of doubling down investor over three years. There is a negative 13.4% with fund managers who make bets on sectors like general Canadian equity fund. Fund managers still think that they are smarter than the market.
They “sell on news” phenomenon. Clients ask questions like “XYZ” Co. conveyed there will be high earnings, why is the stock down? Most investors trade using news events. Many have won contracts and credited earning proclamations. Defensive sectors can still decline –a lot. Preferred shares had horrible performance in the year 2015. A shift in the market in the safe stock can be a big hit. Takeover rumors are a dime a dozen. If fund managers bought into the talks, they would own over a thousand different stocks. Most rumors come true and result in intaking over. Never ignore a stock forever. Many investors refuse to look again at the company once stock burns. Due to weak earnings and missed expectations, owners of own avigilon group got frustrated.
About Chris Linkas.
Since 2012 November, he based in London. He was the head of 20 people European credit group. He was responsible for the investment of principal investments in UK-Euro regions (Spoke). These regions included Ireland, France, Greece, Spain, and Switzerland. Chris Linkas investment specializations were renewables, real estates, leases, shipping, platform investments, non-performing loans, and secondary LP interests. Chris Linkas headed real estates of Fortress’s credit in London and real estate finds businesses.