Featured post
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 Big Market Delusion: why AI could cost investors dearly
The potential for AI language models like ChatGPT is truly mind-blowing; without doubt, they will transform work, education and our daily interactions. Driverless cars will improve road safety, reduce traffic congestion and enhance mobility for those unable to drive. Plant-based and...
Lessons in life and investing from Shane Parrish
“You don’t need to be smarter than others to outperform them if you can out-position them.” That’s the key message behind Clear Thinking, a new book by Shane Parrish. And it’s a philosophy Shane applies to almost every aspect of his life,...
Active or passive investors: Which is the “smart money”?
The last few decades have seen a dramatic shift of assets away from active to passive (such as, but not limited to, index funds) strategies. The shift occurred due to the overwhelming body of evidence demonstrating that while it is possible...
Louis Bachelier, the mathematician every investor should know about
If you asked educated people to name a mathematician whose work has had a major impact, they might say Isaac Newton or Alan Turing, or perhaps the “Prince of Mathematicians”, Carl Friedrich Gauss. The chances are, no would say Louis Bachelier....
Very few active funds outperform in the long run
Many investors who choose active funds do so with the intention of “beating the market”. In this video, TIM EDWARDS of S&P Dow Jones Indices takes a look at the data and debunks some of the misconceptions surrounding active management’s capacity...
Do big bets by active managers pay off for their investors?
We often hear about the benefits of using a high-conviction fund manager. But, as ROBIN POWELL explains in his latest article for Timeline, Morningstar has been looking into the extent that investors benefit from the big bets that active managers make,...
