Neil Woodford “hell” – how should investors respond?
In his words, Neil Woodford has just gone through a “fortnight from hell”, with more than £350m of losses according to the Sunday Telegraph. I’ve said a few times that Neil made the biggest and longest bet in fund management history and did so with extraordinary success.
But nothing works for ever, especially in fund management. What should you do? Sell or sit tight? And what are the alternatives? All this is explored here.