17 Aug The Weekend Starts Here...
Photo by Clay Banks on Unsplash
Elon Musk has been making the headlines recently – genius or mad man? The jury’s still out, but it’s clear that there are certain people who don’t fit society’s norms. Natural Maniacs [3 min read] [Morgan Housel]
It seems nowadays that British and US politics are more divisive than they ever have been before. Dr Ben Hunt’s writing – as in this next piece – is often uncomfortable reading, but always articulate and thought provoking. [7 min read] [Epsilon Theory]
“…just because we’re at work for 8 hours a day, doesn’t mean we’re doing 8 hours of work.” We all need to be more realistic about how much we can achieve in a working day. Here’s why, and what we can do about it. [4 min read]
“The idea that active managers will be standing steadfast against an irrational and unsustainable bubble that occurs in an area of the equity market – whist passive index investors blindly chase returns – runs contrary to the nature of bubbles, and the incentives and behaviours that have come to define much of the active management industry.” Bubbles [4 min read] [Joe Wiggins]
Knowledge has a shelf life [4 min read] [Ben Carlson]
There’s a reason why investment returns are referred to as ‘expected’. This great post explains why. [4 min read] [Monevator]
One of the reasons active fund managers find it so hard to beat the market is down to the ‘democratisation of information.’ We all have it now. [4 min read] [Nick Maggiulli]
And finally. People sometimes confuse risk with volatility. Here’s a great infographic explaining volatility. [Visual Capitalist]
Whatever you’re up to this weekend, I hope it’s a good one.
Carolyn