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Losing money is the price of making money

Losing money is the price of making money

FromMerryn Talks Money


Losing money is the price of making money

FromMerryn Talks Money

ratings:
Length:
44 minutes
Released:
Dec 16, 2022
Format:
Podcast episode

Description

Tom Slater, co-manager of the UK’s most popular investment trust, Scottish Mortgage, joins this week's episode of Merryn Talks Money. Shares in the trust are down 40% year-to-date. What went wrong? Maybe nothing, says Slater. If you want to get real growth, you need to be prepared to pay an “unreasonable price” to get it, and then you need to be prepared for a lot of volatility before any fortunes are made. Plus, senior reporter John Stepek is back -- this time to talk about the British property market. Sign up for John's daily newsletter Money Distilled: https://www.bloomberg.com/account/newsletters/uk-wealth See omnystudio.com/listener for privacy information.
Released:
Dec 16, 2022
Format:
Podcast episode

Titles in the series (84)

Merryn Talks Money with Bloomberg senior columnist Merryn Somerset Webb is your key to understanding how markets work – and how you can make them work for you. Every episode features a relaxed but in-depth conversation with a fund manager, a strategist, a Bloomberg expert or just someone Merryn finds particularly interesting in any given week. Listen in for the kind of insights and explanations everyone can use to help them make better saving and investing choices. Every Friday starting December 9th. From Bloomberg Podcasts.