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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...
What did Benjamin Graham think about market timing?
Six months before he died, the legendary investor Benjamin Graham gave an hour-long interview at his home near San Diego to a financial analyst called Hartman L. Butler, Jr. Thankfully, Butler recorded the interview for posterity on a tape recorder, and...
A simple formula for financial security
Everybody would like to have financial security. No matter how much we enjoy our work, most of us would like the option in the future of not having to work at all — or at least being able to choose the kind...
Surviving ten years is a challenge for active funds
It’s finally happened. For the first time in 26 years, and only the second time in Premier League history, all three promoted teams have been relegated the following season. Such is the quality of England’s top division that simply surviving is...
U.S. public pensions are failing investors and taxpayers
As taxpayers, we like to think that every dollar is put to good use. It’s very frustrating to see our taxes wasted. But, every year, vast swaths of public money are frittered away on a service that adds very little value...
Learn to tame your inner chimp
For many millions of Britons, 2023 was a financial wake-up call. A combination of inflation, higher interest rates and concerns about the economy all contributed to a sense of unease about household finances. According to a recent survey, 57% of British adults...
Investors look for patterns that don’t exist
Perhaps you never believed in the man on the moon. But you may well have thought, at some stage, that you saw the shape of an animal in a cloud. Or perhaps it was a face you saw in a vegetable,...
