Kerr Neilson says investors should spend less time thinking about the nearby effect

Kerr Neilson says investors should spend less time thinking about the nearby effect. We all get too much in a tizz about the potential invasion of the Ukraine. However, what will be the impact in 10 years' time? The same thing can be said about 9/11. Everyone was too afraid to fly but after that event it was probably the safest time to fly because security was high and pilots were drinking less. We all over-emphasise certain elements of our existence. Kerr Neilson answers fourteen questions including: what do you think will be the most surprising trend of the next 20 years - where do you see the most value in Australia right now - would a hard landing in China impact the global economy. For the full Morningstar Q&A please click here.