Predicting the markets is impossible, everyone knows this. However, when you come across people that have the ability to make the right calls more often that not, it makes the management of your portfolio an easier task.
Once such person that met this criteria was Teun Draaisma. Draaisma was working at Morgan Stanley until June 2010 as their European strategist. Sadly, his move to TT International to manage a hedge fund has meant that he no longer offers public commentary.
Before the credit crunch, Draaisma was consistent in his message of sell, sell, sell. During the darkest hours, Draaisma made the right calls by telling investors to get back into the market.
I would be interested to hear from you which sources and commentators you listen to in order to make the correct calls in allocating your portfolio and protecting your wealth at the key times.
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