Fishing for Value

By | 2017-07-17T12:21:23+00:00 April 11th, 2017|Global Market Update|

Is investing like fishing? Photo: João Pacheco. Source: Picjumbo In 1653 Izaak Walton published “The Compleat Angler,” a short treatise on fishing. In this little book he explains that fishing is a pursuit that can never be truly mastered. When you go fishing, there’s always a new lure or a new location or some other shiny new toy to try out. “But he that hopes to be a good angler,” Walton continues, “must not only bring an inquiring, searching, observing wit, but he must [...]