‘Investing is simple, but not easy’, is one of legendary investor Warren Buffet’s most quoted axioms.
It implies that the basic logic of investing and compounding returns over the long term is simple, but human psychology and emotional behaviour constantly serve to spoil even the best laid plans. In short, the worst enemy on the investment battlefield is us.
The issue often rears its ugly head during times of market dislocation and stress. At the time of writing, investor angst is on the rise as the ‘laundry list of worries’ gets longer with each passing week.
In addition to the trillions of dollars in government debt that needs to be serviced, generational high interest rates across the western world putting the squeeze on borrowers, and a looming global recession, acute geopolitical tensions have resurfaced on account of a hot war in the Middle East.
TEAM plc (LON:TEAM) is building a new wealth, asset management and complementary financial services group. With a focus on the UK, Crown Dependencies and International Finance Centres, the strategy is to build local businesses of scale around TEAM’s core skill of providing investment management services.
