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When the wind blows

  Warren Buffett has just released his latest letter to Berkshire Hathaway shareholders, and once again it doesn’t disappoint. This year’s letter finds Buffett in reflective mood. On March 11th, he explains, it will be 77 years since he first invested in an American business. The business in question was called Cities Service, and...

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Where’s the evidence?

“The fact that an opinion has been widely held is no evidence whatever that it is not utterly absurd.” Bertrand Russell

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4 lessons to learn from Nick Leeson

In so far as it’s possible to feel sorry for someone who steals the best part of a billion pounds, I confess to having just a little sympathy with Nick Leeson. The world’s most famous rogue trader was delivering the closing address at...

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Why we’re missing the point on ETFs

It was somehow fitting that Inside ETFs – this year’s big get-together for Europe’s ETF industry – should be held in Amsterdam. It was in the Dutch capital that the world’s first stock exchange was founded in 1602 and the first mutual fund...

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Why 2015 is a critical year for the UK investing industry

For those of us campaigning for a fairer fund industry, and a bigger role for low-cost, evidence-based investing, the last few years have been a constant struggle. We’ve had plenty of talk from politicians and regulators about tackling excessive and opaque charges, but...

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Why my views on funds are attracting hate mail

I’ve never been called a Communist before, and certainly not a Jihadist. But in the last few weeks I’ve been labelled both – and, I dare say, worse. The reason? I’ve made a documentary about the fund industry. And it’s clearly hit a...

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