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A ten-point plan for the bear market
After a long period of financial markets being treated largely as background noise by the media, news of their daily swings have been promoted back to the front pages of newspapers and the top of TV news bulletins. Naturally, ordinary investors are suddenly sitting up and taking notice. What’s causing all...
ESG investing: Is best-in-class the way to go?
By LARRY SWEDROE Sustainable investing has grown dramatically in the past decade. By 2020, environmental, social and governance (ESG) investing accounted for more than one-third of total assets under management in the United States, or about $17 trillion. An issue...
Four hours that might just change your life
By ROBIN POWELL I’d like to introduce TEBI readers who aren’t yet aware of him to Patrick Geddes. I hope his story will inspire you; it has certainly inspired me. Patrick worked for several years for Morningstar, where he was...
Is a recession coming? We may already be in one
Robin writes: An important concept for investors to grasp is that stock markets don’t go up and down, hand in hand, with the health of the economy. Why? Because although markets respond to the very latest information, it often takes time for...
Dividend announcements: What do they tell us about future returns?
By LARRY SWEDROE Nobel Prize-winning economists Franco Modigliani and Merton Miller are perhaps most famous for their proposition that, in the absence of taxes (and a few other assumptions, such as efficient markets), it does not matter what capital structure...
Financial bullshit: you may be more susceptible than you think
Episode 2 of The Investing Show is now online. Produced by and co-presented by Robin Powell and Abraham Okusanya, The Investing Show is designed to help investors make better decisions. The first episode looked at lessons to learn from the Neil...
Overconfidence is a pension manager’s worst enemy
By LARRY SWEDROE The first chapter in my book Investment Mistakes Even Smart People Make and How to Avoid Them is on overconfidence, focusing on the all-too-human tendency towards being overconfident of our skills—what could be called the “ego trap.” Ask...
