I admit it: I’m a capitalist. I believe in free markets. I think the invisible hand can do more than pick pockets and grope hard-pressed students packed onto the privatised railways. Greed can be good – if it makes companies more efficient and brings more of us the products and services we want at lower […]

Read More →

Trying to settle on an asset allocation is a classic cause of analysis paralysis. Financial industry talk of efficient frontiers, mean variance analysis and allocations customised for your unique circumstances can lead you to believe there’s a perfect recipe out there – some financial equivalent of the Ancient Greek’s golden mean. Sadly, you can only know your […]

Read More →

Good reads from around the Web. Investing can be very simple, provided you don’t want to beat the market. Since most people will fail to do that anyway, the conclusion is that investing should be simple for nearly everyone. Once upon a time that was okay in theory but difficult to put into practice. Between […]

Read More →

Let’s face it, we all want the ideal asset allocation. That perfect combination of asset classes that will make our dreams come true. A portfolio of funds that will repay our faith many times over, that understands our moods, will never test our sanity and will grow with us on the beautiful journey of life… […]

Read More →

Good reads from around the Web. I don’t think it’s fair that Howard Marks, the CEO of Oaktree Capital, is an excellent writer as well as an excellent investor. Not to mention a billionaire for his trouble, with a net worth of $1.9 billion. Then again, neither does he. The latest of his must-read memos […]

Read More →