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.
New research has put a price on the emotional pleasure of owning collectible investments. The cost is roughly 2.6 percentage points of annual return, and it doesn't stop at art and wine. From property to employer stock to ESG funds, the same invisible fee may be silently eroding your portfolio.
Robin Powell
Mar 2410 min read
SUBSCRIBE
Simply provide your email address to receive our regular update.
