Introduction to the 2nd edition
When the first edition of this book was published at the start of 2022, many investors (including myself) hoped that we’d be in for a period of stability after all the turmoil associated with Brexit, Trump and Covid.
Instead, we got Russia’s invasion of Ukraine, a cost-of-living crisis and the emergence of the first artificial intelligence models possibly worthy of that name – and that was just 2022.
Over the four years since then, bitcoin has soared through six figures, gold has doubled and Trump has imposed swingeing tariffs from Australia to Antarctica (only for them in turn to be struck down by the US Supreme Court). In the stock market many of the companies that boomed during the pandemic have crashed and burned, ...
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