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Playing copycat is a very risky game when it comes to investing – The Times

Copying the best ideas of other people is sometimes no bad philosophy. As Sir Isaac Newton put it: “If I have seen further, it is by standing on the shoulders of…

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Copying the best ideas of other people is sometimes no bad philosophy. As Sir Isaac Newton put it: If I have seen further, it is by standing on the shoulders of giants.
That certainly seems to underlie the approach of thousands of people jumping on a fast-growing stock market bandwagon known as copy-trading. As we reported in these pages yesterday, tens of thousands of investors are signing up to exactly replicate the positions of fellow investors who they admire online.
The leaders they slavishly…

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