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We’ve known for 85 years that forecasters can’t forecast

I’ve noticed a tendency in the financial media to talk about the failure of active funds to outperform the market net of costs as if it’s something we’ve only...

Don’t be tempted to join the stampede

Traditionally, behavioural finance has focused on biases. Every propensity we have as investors to act irrationally has had a label attached to it — optimism, bias, recency bias, confirmation bias,...

Let’s teach children about investing in secondary school

I think we can safely say that if we’re serious about trying to defuse the global pensions time bomb, we need to prioritise investment education. Research by the OECD and...