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...
How not to raise a spoiled brat. One of the discussions we often have with clients with young children is about the challenge of raising children when you are a first generation wealth creator. As this article illustrates, sometimes parents find it extremely difficult to relate...
Well, it’s ended up being an ‘interesting’ week, hasn’t it? Here are a few distractions for you…. Charts don’t always show the full picture – [3 min read] I’ve recently started to study the Stoics. One of their philosophies was the practice of Inversion. Interesting stuff when applied to our...
First up this week, thanks to Robin Powell for alerting me to this cartoon which explores how difficult it can be to change our opinion about something we believe to be true [4 min read – WARNING some strong language] On the same theme of how people can sometimes refuse...
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...
When it comes to investing, being a snob can be very costly [3 min read] Everyone in our office uses multiple monitors – except for me and Rob. The argument for doing so is that it is more efficient. I tend to side more with this argument that doing...
I think some of my reading choices this past month have reflected how I am processing and trying to understand what is going on in the wider world. Here’s a selection of some of the best. All that I am – Anna Funder (Fiction) What happens when someone...
I’ve linked to articles in past blogs about the problems of some of the Ivy League endowments. Harvard, at last, seems to be taking action. [2 minute read] Humans are terribly flawed. Some steps to avoid making big mistakes. [Waring: language. 3 minute read] This is an incredible story –...
“An individual without information cannot take responsibility; an individual who is given information cannot help but take responsibility.” Jan Carlzon “Imagine that there is a loose panel in the passenger compartment of the New York to Los Angeles airplane. The panel has a sharp, protruding edge that...
Snippets that have caught my eye this week from around the web…. The internet has been crammed with articles in the last couple of weeks about Trump’s ‘travel ban’, and as an immigrant myself – and one who could not have been made more welcome in...