Standing still amid market volatility

In this podcast episode, Ben Kumar and Sam Hannon discuss the current state of the markets, where little has changed despite headline-grabbing events. They argue that the reliance on oil as a driver of economic growth has diminished over time, as illustrated by companies like Netflix, whose success is largely unimpacted by oil prices. They emphasise the importance of long-term investing over short-term reactions, using sports analogies to convey their point: sometimes standing still, like a goalkeeper in a penalty shootout, is the best strategy to maintain long-term success in investing.