“No passive investor cares much about governance of a particular company.” Todd Henderson and Dorothy Shapiro Lund, Wall Street Journal, 22nd June 2017 The above quotation comes from an article published in the Wall Street Journal (WSJ), access to which is only available to subscribers, although...

I have read two articles in the last few days which triggered a trip down Memory Lane. The first was this Morningstar article, which looks at the history of the ‘cult’ fund manager over the last 30 years. Thirty years ago, in June 1987, I joined Hargreaves...

My monthly book review is up on the blog [5 min read] When Amazon first launched, the trade-off for getting great prices was a delay in receiving what you bought (as opposed to the instant gratification of walking out of the store with the item), and the lack...

This week’s blog – Can’t buy me love….  [1-2 min read] Based on a report by PwC, this infographic on the economic impact of AI is an interesting read [3 min read] You are what you read.  I read ‘The Shallows’ this week (more on that in August’s book review), and this article...

“Gold gets dug out of the ground in Africa, or someplace.  Then we melt it down, dig another hole, bury it again and pay people to stand around guarding it.  It has no utility.  Anyone watching from Mars would be scratching their head.” Warren Buffet Gold has...

This week’s blog  [4 min read] Next, a podcast from Freakonomics Radio.  Yes, it’s 48 minutes long, but with contributions from Eugene Fama, Ken French and Jack Bogle (amongst others), it’s an entertaining and informative 48 minutes. John Maynard Keynes on investing as a beauty contest.  [3 min read] The world’s...