“The investor’s chief problem – and even his worst enemy – is likely to be himself.” - Benjamin Graham Until very recently I had never heard of Jonah Lehrer. Then, in the space of 48 hours, I read about him in Jon Ronson’s book, ‘So You’ve Been...
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...
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...
Up on the blog this week: Keep it simple, build and maintain a legible investment portfolio and avoid ‘coupon clipping’ Is Amazon Prime Day the new Christmas Day? Here’s what sold best around the world. [2 min read] Every great investment decision looks easy when you’re not the one doing it. ...
In this week’s blog we discuss how one-third of investors indicate their biggest financial fear is significant loss in a market downturn and why working with a planner can help alleviate these fears. Kicking off this week with the perennial dilemma that first generation wealth can cause when discussing that...
“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...