No-one I know of says 2011 was a pleasant year to be an investor – 90% of fund manager’s loathed it and lost money due to a mixture of wild and unpredictable currency movements and of course crazy volatility and massive irrational selloffs. Then came 2012, which was much better but not without it's moments, but all in all a better year despite all the dramas of the Europe debt crisis and fiscal cliff. However, 2013 will see most of this behind us.
I think 2013 will have a lower political involvement and that alone will make it a better year and investors can go back to concentrating on what’s important – buying shares in businesses that are doing well, based on common sense and good solid business fundamentals – won’t that be nice?