6 April 2020 Markets such as these can be incredibly challenging for investors to navigate. To give you just one example from our local exchange in March, the broad S&P/NZX50 index returned -13%, but that return falls quite significantly to -20.6% if you take out the returns of just two stocks (Fisher & Paykel and a2 Milk). In this month’s interest piece, our Managing Director Slade Robertson revisits other major market events from his career to see what lessons can be applied to the current situation: