Why investors can’t afford to be complacent

Dominic McCormick | Select Asset Management | 05 June 2013

While the view looking backwards is usually clear, investing is primarily about looking forward no matter how difficult this often is. Of course, past is prologue to some extent but not in a simplistic linear way – and certainly not in a way that justifies the blind performance-chasing approach that many less disciplined investors follow.

From this perspective, and despite strong returns from equity markets recently, I believe building investment portfol...