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....
Watch out for fraudsters; the history of the Galton Board; clients' little foibles; the man behind 'Catch me if you can' gives a talk at Google; when values are built on sand; wealthy vs rich; the luxury of having time to concentrate on what clients...
The perils of living next door to a lottery winner; Wall St convicts; Do you feel lucky?; Having all your eggs in one basket; the value a good planner adds; Helping our clients spend their money; Beware of hot tips from friends; Not all the...
Fast decision making; the good, bad and ugly of owning stock in the company you work for; living your dream is not always what it's cracked up to be; the importance of being a patient investor; and a long-term one; managing luck; the price of...
Photo by Jonathan Fink on Unsplash What’s the difference between a beginner and an expert? The answer is very neatly summed up in here [infographic] An 18 year old won a million dollars in the US lottery, and had to make a choice as to how to receive her winnings....
Things that fund managers don't say enough; being wary of fooling yourself; sticking to your plan; the importance of enjoying life while you can, and how financial planners play a huge role in this, and what do the names of countries actually mean? The best...
Overlooking the obvious; Good Dogs; taking the time to think; how planners add value; the rich really are different. The best of what caught my eye this week....
Photo by Ashley Kirk on Unsplash “It is one thing to be dedicated to an idea, but it is quite another to remain attached to it despite all the evidence to the contrary.” Stay away from the perpetual pessimists [4 min read] We don’t have a great track record of...
According to my mum, once I learned to read for myself, bedtime was never an issue. Apparently, as soon as teatime and bath time were over I would solemnly announce to my family that I was ‘off to bed for a good read’. ...
The implications of a cashless society; predictions you really can rely on; the danger of seeing patterns in data, and Warren Buffett's breakfast routine. Some of the interesting snippets which caught my eye this week....