Brexit happened on the 23/06/2016. If one had the vision to predict Brexit, something that by itself is very difficult to do with a high level of conviction, how do you think the person would position his long term investments in view of Brexit? (I’m sure many people would claim to have predicted Brexit, but how many could have such a high level of conviction as to position the portfolio with Brexit in mind?) The genius who predicted Brexit, would’ve been one of the rare few to have done so. And if he’d tried to capitalize on it with a long term view, currently, he’d be staring at huge losses and wondering how one can get things so right, yet lose so badly. Since Brexit occurred, the markets underwent a short, sharp correction, and an equally short and even sharper recovery. All this in a matter of a few ......