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What is evidence-based investing?
Nobody can establish who first used the phrase 'evidence-based investing', and no regulator defines it. Robin Powell, who was given the name by Larry Swedroe in 2015 and is sometimes wrongly credited with coining it, sets out what it actually means: four tests of what counts as evidence, borrowed from a medical parallel that hit the same crisis twelve years ago. Including where he goes further than a global tracker, and why he holds that position less firmly than he used to.

Robin Powell
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Horizon risk: what is it, and how can it be mitigated?
Everyone should strive to be a long-term investor. But we also have different time horizons for different goals and need to be aware of...

Robin Powell
Dec 21, 20224 min read


Regulators don't understand financial advice
By ROBIN POWELL Financial advisers and consumers are on a steep learning curve. The advice profession is changing beyond all recognition. But can financial regulators keep up? It’s just not the very wealthy who need good financial advice; everyone does. The UK regulator, the Financial Conduct Authority, should therefore be applauded for trying to give a wider cross-section of the population access to it. The problem is, it’s chosen a very strange way to go about it. The FCA r

Robin Powell
Dec 19, 20223 min read


Two silver linings to the market tumult of 2022
2022 will go down as one of the most challenging years for investors in recent memory. It wasn't just equities that suffered, but...

Robin Powell
Dec 16, 20223 min read


You don't need advice from an economist
A common misapprehension about investing and personal finance is that, to be really successful at it, you need to be an armchair...

Robin Powell
Dec 14, 20224 min read


Measly fines for closet index funds do nothing to stop them
By ALEX MOFFATT Ireland’s Central Bank issued a press release in early November about a fine it had imposed on an investment company....

Robin Powell
Dec 12, 20225 min read


Concentration risk: what it is and how to avoid it
A key lesson from this year’s ups and downs on the financial markets is the importance of diversification. But what exactly does it mean...

Robin Powell
Dec 8, 20224 min read
Grief is the price we pay for love
This is my lovely mum, pictured in 1970, with her three children. We meant the world to her (yes, even the bored looking one, second from...

Robin Powell
Dec 6, 20221 min read


I was James Blunt’s boring housemate. Now I’m a boring investor
SAM INSTONE used to be an officer in the Household Cavalry and was once a housemate of James Blunt. Sam is happy to admit that he’s...

Robin Powell
Dec 5, 20223 min read


Is delegating voting powers on ESG to investors a cop-out?
Through the voting powers that come with large shareholdings, fund management companies have huge influence over the way that the...

Robin Powell
Dec 1, 20226 min read


Three reasons why indexing works and continues to grow
Why index? Simply put, because indexing works . The alternative — active investing — work, but the overwhelming probability is that it...

Robin Powell
Nov 29, 202217 min read


Financial context is everything
How you think about money is heavily influenced by your financial context. And that can only be changed if you have a clear vision for...

Robin Powell
Nov 25, 20223 min read


Eight key takeaways from 20 years of SPIVA data
1. What is SPIVA and why did S&P DJI start putting these reports out 20 years ago? Tim: “SPIVA” stands for “S&P Indices Versus Active,”...

Robin Powell
Nov 21, 20225 min read


Put options: Do they actually achieve anything?
Put options are financial derivatives that give buyers the right, but not the obligation, to buy or sell an asset at a specified price...

Robin Powell
Nov 18, 20225 min read


Is the growth of passive investing messing with the markets?
The growth of passive investing has been one of the biggest, indeed arguably the single biggest , development in the asset management...

Robin Powell
Nov 17, 20225 min read


Active money management is like a love song
Romance and active money management are rarely mentioned in the same breath. But neuroscientists have shown that they're far more closely...

Robin Powell
Nov 15, 20223 min read


Volatility and risk are not the same thing
Volatility and risk are often misunderstood. The terms are sometimes used as if they were interchangeable. But they aren't. For equity...

Robin Powell
Nov 14, 20225 min read


Don't give in to negativity
Robin writes: Like every journalist, I'm a news junkie. Every day begins with half an hour on the FT website, devouring as many articles...

Robin Powell
Nov 11, 20225 min read


When you retire can make a huge difference
Evidence-based investing is all about putting the odds of success firmly on your side. It’s about leaving as little as possible to...

Robin Powell
Nov 9, 20225 min read


Three excuses editors give for not featuring index funds
Robin writes: Thankfully, there's far more media coverage of index funds nowadays than there was a few years ago. But, with some...

Robin Powell
Nov 7, 20223 min read


Is it wise to be a DIY investor or should you use an adviser?
It’s possible to be a DIY investor and to manage your portfolio and financial affairs on your own, without the help of a financial...

Robin Powell
Oct 31, 20226 min read
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