My July book review is up on the blog [4 min read] We try to look at mental models in history through the lens of people who got it right, but once in a while, it’s beneficial to examine a model through the lens of those who got it...
“There’s no harm in hoping for the best as long as you’re prepared for the worst.” ― Stephen King Things have been pretty good for investors in world equity markets over the last couple of years – especially for UK investors where the dramatic drop in the value...
I read this report recently, stating that there is a shortage of financial planners available to help lawyers dealing with determining divorce settlements for their clients. I have to say I find it hard to understand why this should be the case, as we’re easy enough...
…interesting snippets from around the web. The work you do should never define who you are [3 min read] How much does it cost to have dinner with Warren Buffet? $2,679,001 [2 min read] Eugene Fama discusses his new paper on the new Five Factor model [2 min read] Knowledge alone is never...
I liked this article, about how the need to plan doesn’t stop once you reach Financial Independence [3 min read] How much of what you read today will you still care about a year from now? As a self-confessed bookworm, this article struck a chord with me. [2...
The Financial Conduct Authority (FCA) issued an interim report last November, outlining its initial findings from the examination of the UK asset management industry. Those findings were pretty damning, highlighting the FCA view that, whilst the industry plays a vital role in the UK economy, investors were...
There’s a lot of talk at the moment about the next stock market crash, and whilst history tells us there will be another one at some point, if you really knew when, why would you waste time telling everyone about it when you could be making your...
“Unless you try to do something beyond what you have already mastered, you will never grow.” Ralph Waldo Emerson We are NOT passive investors People often assume that our investment philosophy is a ‘passive’ one investing solely in index funds as we don’t employ actively managed funds within...
“I don’t want to see him alone. He says things that annoy me. He gives me good advice.” Oscar Wilde, ‘The Picture of Dorian Gray’ The other day, I was listening to a podcast interview with someone who works with financial planning firms in the US and...
The Fee Paradox – manager fee rates are down, but investors are paying more [links to 32-page pdf] What’s a reasonable amount of time to wait for a response to an email? I agree with a lot in this article, but I don’t think I could ever wait...