The Evidence-Based Investor

No sales agenda. No marketing spin. Just the evidence.

8 things the diet and investment industries have in common

Posted by Robin Powell on January 4, 2016

We want to be rich and we want to be thin, so it’s not surprising that two of the world’s most successful industries are those that cater to those two aspirations. But take a closer look and you’ll find that the diet and investment industries have far more in common than you might have thought. […]

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Why should investors pay for overtrading fund managers?

Posted by Robin Powell on December 21, 2015

More than 40 years after writing his famous book Winning the Loser’s Game, Charley Ellis is still brimming with insights into the investing industry. But one observation stands out from our last interview, in Cambridge during the summer. Active fund managers, Charlie explained, are rather like doctors were in days gone by, in that they […]

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Stuff your bips — just send us the bill

Posted by Robin Powell on December 21, 2015

One of the reasons why investors struggle to grasp quite how much they’re paying to invest is that the figures quoted seem deceptively puny. Charges are usually expressed as a percentage, or sometimes as basis points. One basis point (or bip) is one-hundredth of one percent. Expressed like that, why would anyone begrudge paying a […]

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A Christmas letter from the fund industry

Posted by Robin Powell on December 17, 2015

  Dear clients Yes, it’s that time of year again when thoughts turn to mulled wine, mistletoe, bonuses, mince pies, bonuses.. and those less fortunate than ourselves (which in our case is pretty much everyone).

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