“Anything that just costs money is cheap.” ― John Steinbeck A few weeks ago, Dimensional Fund Advisors carried out a global survey of the clients of the financial planning firms with which it works. We asked our clients to take part in the (anonymous) survey and we are very grateful...
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 –...
“In a moment of decision, the best thing you can do is the right thing to do, the next best thing is the wrong thing, and the worst thing you can do is nothing.” – Theodore Roosevelt There is a famous quotation often attributed to Mark Twain...
Snippets that have caught my eye this week from around the web…. Here in the UK, consumers take for granted that high levels of regulation of financial advisers exist, and it has been the legal duty of advisers to put their clients’ interests first for some...
“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...
Short days, long evenings, frost and fog, when all you I want to do is to curl up by the woodburner with a good book. Here’s a selection of some of the books I read this month. The Silk Roads: A new history of the World, Peter Frankopan History...
Snippets that have caught my eye this week from around the web… Markets are right more often than you think – people get confused about the efficient market hypothesis, positing that it means that prices are always right. That’s not what it means. [2 min read]. We shouldn’t...