What Can American Pharoah & Horse Racing Teach Us About Investing?

 What Can The Triple Crown Teach Us About Investing?

by Jeffrey Knight, Columbia Threadneedle Investments

Cash pileIn horse racing, as in investing, being right is less rewarding if one’s prediction is already reflected in the price. The era of easy money engineered by central banks has succeeded in flattering asset prices, but it is very difficult to… [Read more…]