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A Day In The Life Of Anthony Bolton
Submitted by admin on Mon, 08/20/2007 - 09:31
The leading fund manager Anthony Bolton has been at the top of his trade since 1979, so the current volatile markets haven't fazed him. Mr Bolton had been expecting markets to turn at some point because, after a four-year bull run fuelled by cheap debt, he believed investors were failing to differentiate enough between risky and non-risky assets.
"One thing I have learnt in following the market is that it is cyclical and that it doesn't go up for ever or down for ever. When it has been going up steadily for four years, there will be setbacks.
"When everyone is bullish, I like to be more cautious, and vice versa. I was expecting something to come along, and one never knows what the catalyst will be."
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