Honest journalism; anecdotes; the magician's trick; the man who owns the moon; putting your clients' interests first; becoming a better reader; who can best argue the case for active management; what is a trillion dollars? The best of what I read this week....
Recency bias permeates all aspects of our lives. Fortunately, as an investor, there are several steps you can take to mitigate its effects....
There are many steps we can take as investors to shield ourselves from the worst aspects of our emotional behaviour, but one of the most effective, by far, is process, process, process....
Maniacs; divisive politics; we don't work as many hours as we think we do; bubbles; knowledge; expected returns; the democratisation of information; volatility. The best of what I read this week....
3 cracking books; Appealing Fictions; Making a Market; Timeless Investment Principles; To Do lists; Capitalism; Asking for Help; The (other) problem with active management; Zero fee funds; Table Stakes; French pastry wars. The best of what I read and watched this week...
Photo by Helena Yankovska on Unsplash “Headlines, in a way, are what mislead you because bad news is a headline, and gradual improvement is not.” How we succumb to obsessing over low probability risks [3 min read] [Ben Carlson] Google Maps has 99% coverage of the world, 25 million updates daily,...
Asset allocation seems to be something which people can struggle with, and feel that ‘More is more’. Here at Bloomsbury, we like to keep things simple....
Diversification; luck; the similarities between investing & gardening; magical thinking; staying humble; what makes a great investor; gold or stocks; the importance of having an IPS; camera wielding pigeons. Things which caught my eye this week....
There's no such thing as too big to be simple; asset allocation across different ages; the ugly side of social media; you can't measure what's going on in people's heads; our behavioural biases; selecting an active fund manager; reading; financial therapy & marathons fuelled by...
Here are six tips to help you to avoid the common mistakes people make and to enjoy your hard earned financial independence....