Don’t buy ‘worthless’ Hertz stock and other investing wisdom from the pandemic

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Peter Hodson: Never underestimate the ability of the market to make you look like a fool

The COVID-19 crisis has been devastating in many ways. In addition to the human toll, there is of course a big economic impact from having everyone stuck at home for months at a time. We will leave the science, vaccine and health debate to the experts. After all, this is a financial column. So, let’s see what investors can learn from the current stock market, economic and financial fallout from the crisis.Really. You can’t.

Peter Hodson, CFA, is Founder and Head of Research at 5i Research Inc., an independent investment research network helping do-it-yourself investors reach their investment goals.

 

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