Anthony Willis: Have investors learned anything since the crash?

And other key questions

clock • 4 min read

The collapse of Lehman Brothers a decade ago was a key moment in a global crisis with huge consequences that are still being felt today. It begs some important questions, on which Anthony Willis offers his thoughts

Saturday saw the 10-year anniversary of the collapse of Lehman Brothers, an inflection point in a financial crisis that had been building over the previous 12 months. It brought the global financial system to the brink of collapse and has had significant economic, social and political consequences that are still being felt to this day - begging some important questions … Have investors learned anything since the crash? Hubris is a dangerous condition and, in hindsight, it was evident in spades ahead of the 2008 crisis. US Federal Reserve chairman Ben Bernanke declared that problems in ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Economics / Markets

Why investors 'can't outrun' slow-moving demographics

Why investors 'can't outrun' slow-moving demographics

'Demographic change is a key megatrend'

Darius McDermott
clock 07 March 2024 • 5 min read
Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

Spring Budget 24: Ten key takeaways from Jeremy Hunt's speech

British ISA, Office for Budget Responsibility, tax cuts

Valeria Martinez
clock 07 March 2024 • 4 min read
Spring Budget 24: Chancellor unveils long-term UK growth plan

Spring Budget 24: Chancellor unveils long-term UK growth plan

Includes British ISA launch and further NI cut

clock 06 March 2024 • 1 min read