SOMETHING FOR THE WEEKEND
Ah, the joys of England in August.. The sun’s shining, school’s out and the Poms are thrashing Australia at cricket. But none of those things will last for long, so let’s enjoy them while we can.. along with a little light reading to keep the grey matter active.
For your delight and delectation, here were my reads of the week.
Running a tracker requires far more skill and effort than you’d imagine:
Glass half full..
Fed up? Don’t be. The US rate rise has its benefits (Rick Ferri)
Why are investors so prone to the recency effect? (Barry Ritholtz)
We like to think we’re open to new ideas but we aren’t (Bob Seawright)
If you’re waiting for markets to return to normal you’ll wait for ever (Michael Batnick)
Attention is a currency. We choose how to spend it (Carl Richards)
And finally.. two of my hobby horses.
First, when will fund houses stop bombarding us with pointless, self-serving products?
And is it just me, or is the enormous waste of taxpayers’ money on fees for public pensions a global financial scandal?
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