The Evidence-Based Investor

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

Buffett: Performance comes, performance goes. Fees never falter

Posted by Robin Powell on February 26, 2018

Warren Buffett’s latest letter to Berkshire Hathaway shareholders has been published and, once again, it is full of useful insights for ordinary investors. Here are some of the highlights:   The US economy “America’s economic soil remains fertile.”   Investing and risk “Investing is an activity in which consumption today is foregone in an attempt […]

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The morality of suing financial advisers

Posted by Robin Powell on February 24, 2018

Financial advisers are the most important link in the asset management value chain. The most effective thing you can do to increase your chances of achieving your financial goals is to find yourself a good one. Does that mean that all financial advisers give good advice? No, of course it doesn’t. And does it mean […]

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Many investors think they have a market edge. Very few do

Posted by Robin Powell on February 19, 2018

The most important question investors need to ask themselves, says Lars Kroijer, is whether they have a market edge. If you don’t, he says, you shouldn’t be trying to beat the market — or paying anyone else to try to beat it in your behalf. Here he explains how it’s very unlikely that you do […]

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Charles Payne: Lessons learned from 35 years in the fund industry

Posted by Robin Powell on February 15, 2018

This is fascinating. It’s an interview with Charles Payne, a long-standing TEBI reader, who recently left the UK fund industry, having worked in it 35 years. In that time he’s worked for some of the biggest institutions in the City of London — Henderson, Gartmore, UBS Asset Management, Kleinwort Benson, Chase Manhattan Bank — but […]

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