I don't agree with Switzer. He is a spruiker by definition because he admits to not wanting to talk anything down.
My gosh If I had financial planning clients I would have been talking them out of most property investments and a lot of other stuff over the past 12-18 months. Switzer would now have clients losing money on their property and unable to unload a lot of it.
Joye is correct in rooting for modern day capitalism but that shouldn't mean taking an ostrich approach to investment weightings when market conditions radically change.
