This episode is sponsored by leading investment manager Ruffer.
I'm thrilled to share our first long-form podcast interview on the channel.
In this interview I sit down with Alexander Chartres. Alexander is a partner at Ruffer, and responsible for several billion pounds worth of assets as the co-fund manager of a number of their flagship funds, including the London Stock Exchange-listed Ruffer Investment Company.
In a wide-ranging discussion, we focus on the critical importance of capital preservation.
We also highlight how fully 72% of the MSCI World “global” index is currently invested in American shares. This is key and still poorly understood.
We look in detail at what might happen if the single trade that has dominated for fifteen years - namely US equities - stops working. We get into why the 60/40 portfolio has broken, what can protect your money when shares and bonds fall together, and the risks facing anyone who has ended up largely exposed to US tech, often without even realising that they have.
If you have an ISA or a pension and you’ve tended to “set and forget” into a “global” fund of some kind, you should find this conversation useful and timely.
KEY RESOURCES FOR YOU:
The companion book for this video series: *"Live on Less, Invest the Rest."*
https://amzn.to/4jbAq70
My best-selling first book: "How to Own the World"
https://amzn.to/3Qj6FWi
"How to Own the World - Before you’re 30" - my most recent book
https://amzn.to/42Bl0TI
"Our Future is Biotech"
https://ourfutureisbiotech.com/
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