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THIS TIME IS DIFFERENT

Your investment outlook vs the consensus one

Consensus is not always wrong, but when your views are the same as the consensus, it is good to re-analyse your reason for clinging to it

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Even some (formerly) smart hedge fund managers who really should have known better got caught up in crypto-mania a year ago, leaving their jobs to set up a crypto fund, right at the peak of the market.

IT'S a good idea from time to time to pause and assess how similar your investment outlook is to the consensus of chief economists and other assorted forecasters. The beginning of the year is a perfect time to do this, as the flood of reports titled "Outlook for Next Year" usually give a good

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