I liked hearing Mr Goode's rational thoughts and vast...

I liked hearing Mr Goode's rational thoughts and vast experience:

....We have moved from being bullish on the equity market to
being cautious. We have made a few sales where we are not
as confident in the long term outlook for a company and
rather than reinvest in the market we have reduced our
moderate borrowings.
We are a long term investor and will hold our portfolio and
ride through the ups and downs of the share market and the
current turbulence. We do however anticipate lower returns in
the year ahead than we have enjoyed in recent years.