Information overload
Enron is still a case study for the rating agencies – they rated it investment grade 5 days before it went bust. Malcolm Gladwell has written an article (click here to read article) in the current New Yorker about the perils of having too much information to analyse and how everyone was missing what was going on at Enron even though the financial statements were revealing a lot of it.
The value of investments will fluctuate, which will cause prices to fall as well as rise and you may not get back the original amount you invested. Past performance is not a guide to future performance.
17 years of comment
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