If there’s one thing certain, it’s that markets are unpredictable – and that unpredictability is increasing. This past week has seen the sharpest day-to-day volatility on Wall Street since 2020. In an added complication, the reasons are multiplying: high inflation is rising higher, wages are not keeping up, Russia’s invasion of Ukraine has started Europe’s largest war since 1945, and energy and food commodities – key ingredients in the inflation mix – are sure to rise in price as a result of that fighting.
All of this is enough to get investors’ heads spinning. And it’s sure to have investors looking for some clear signal regarding stock choices. One source for such signals: the market’s legendary investors. The billionaire hedge managers have built up their funds to enormous dimensions, and made personal fortunes as well – and the average retail investor can…
