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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...
Don’t be swayed by investment narratives
Narratives drive behaviour in all areas of life, and investing is no exception. In this video, Warwick Business School’s Professor RICHARD TAFFLER talks about the profound effect that narratives of all kinds have on markets and investor behaviour. TRANSCRIPT Robin...
What does market efficiency mean?
Market efficiency is the idea that security prices, such as stocks and bonds, generally reflect all publicly available information. The financial historian MARK HIGGINS outlines what ordinary investors need to know about this important principle of investing. TRANSCRIPT Robin Powell:...
The downside of property as an investment
There is a common misconception that one’s home can serve as an effective pension fund. In this video, financial journalist NORMA COHEN emphasises the importance of understanding the distinction between property as an asset for living, and property as a source...
Six lessons for investors from Daniel Kahneman
By ROBIN POWELL Daniel Kahneman, whose death was announced this week, was one of the most influential psychologists of the modern era. Born in Tel Aviv in 1934, Kahneman went to the US in 1958 to begin a doctorate in psychology...
Cost or performance: which is more important?
What do investors need to think about when choosing a fund to invest in? Many fund management companies advertise based on past performance, and so this is what retail investors typically focus on. But is this really the factor that investors...
Why are we so obsessed with stock prices?
Robin writes: An aspect of investing that constantly surprises me is how obsessed we all our with stock prices. We’re always hearing and reading about the latest prices, and how much they’ve risen or fallen. All that matters, we’re often told,...
