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Introducing our new portfolio review service for professionals
The vast majority of pensions funds, charities, endowments and other institutional portfolios have underperformed the market for decades. The way to stop the rot is to have an independent portfolio review, reduce fees and complexity, and increase diversification. From today, that’s precisely what TEBI is offering. As anyone who’s read The...
The uncanny parallels between Neil Woodford and Bill Gross
One was American, the other a Brit. One was a bond investor; the other made his name picking blue-chip stocks. But both Bill Gross and Neil Woodford fell out with their employers, set up on their own and suffered spectacularly falls...
Sustainable investing is about returns we may never notice
By JOE WIGGINS At its heart, the shift towards sustainable investing is driven by the disconnect between the attempt of companies to maximise short-term shareholder value and the impact their activities have on other stakeholders and wider society. The doctrine of...
Do investors allocate optimally to ETFs?
The tax benefits, along with their low costs, has led to the dramatic growth of exchange-traded fund (ETF) assets. Assets under management (AUM) have increased more than tenfold, now totalling more than 5,000 ETFs and $4.5 trillion. With so many choices, it...
Bernstein: Free trading is like giving chainsaws to toddlers
Robin writes: William Bernstein is one of the most intelligent and widely read people I’ve met. He’s also a brilliant writer; The Four Pillars of Investing is surely one of the best investment books ever written. So I was excited to...
There’s more to life than trading stocks
What’s the right level for the stock market? Does the recent revival in energy companies and banks have legs? What does the prospect of higher taxes mean for equities generally? All good questions, of course, but where do you start with this...
Do we become better investors as we age?
Do older investors earn higher returns than younger investors? Intuitively, you may have thought so, given their greater experience and wisdom. But, as LARRY SWEDROE explains, the academic evidence suggests otherwise. [Investors shouldn’t delude themselves about beating the market.] They’re just...
