What caught my eye this week.
Finally my co-blogger The Accumulator has won the acclaim he so richly deserves.
No, not a plaudit for achieving the most active puns in a passive post.
Not the Leo Tolstoy Award for Services to Word Counts Beyond The Call of Anything Reasonable But Rather Really Excessive Haven’t You Even Heard of Twitter 2021 Edition.
Not even a retrospective of his black and white cartoons at the V&A.
And the prize?
This artist’s impression of The Accumulator in bobblehead form:
Now, given how The Accumulator has cultivated an air of anonymous mystery around these parts, you might wonder why we’re so ready to share this homunculus with you all?
And the answer is you’re more likely to see The Accumulator doubling down on a triple-levered ETF than rocking a tie.
Meanwhile that wodge of cash would be out of his hands and invested into a long-term tracker fund before you could say, “I’ve worked out the terminal value of my round compounded in VRWL for 25 years and on reflection I’m sure I can hear my bus pulling up outside.”
And while TA is just as devilishly handsome as Bobblehead TA, our man is also older, more careworn, and about as likely to grin as Boris Johnson announcing a third wave.
In short, anonymity is preserved!
Nevertheless, it’s a wonderful treat from the All-Star Money team – thank you guys – and the least TA deserves after a decade of peerless posts for Monevator.
Just so long as he doesn’t expect a pay rise.
Have a great weekend everyone!
Can dogs and financial independence go together? – Monevator
How to manage multiple portfolios – Monevator
Beating inflation versus hedging inflation – Monevator
From the archive-ator: Are you lost in Neverland? – Monevator
Note: Some links are Google search results – in PC/desktop view you can click to read the piece without being a paid subscriber. Try privacy/incognito mode to avoid cookies. Consider subscribing if you read them a lot!1
UK economy grew faster in April as shops reopened – BBC
Ministers aim to spur domestic tourism with cut-price UK rail pass – Guardian
House prices hit another record high with the average home up a mammoth £22,000 in just a year – ThisIsMoney
Smashed prices: Australians enjoy avocados that cost a mere $1 – Guardian
UK air taxi firm Vertical Aerospace to float in New York – Guardian
There are no bad assets… just bad prices [With PDF download] – GMO
Products and services
There were 80 new 5% deposit mortgages launched last month – ThisIsMoney
Offer: Open a SIPP at Interactive Investor and you pay no SIPP admin fee for six months, saving you £60 – Interactive Investor
What to do if you were scammed by a Marcus clone site – Which
Index providers: the whales behind the scenes of ETFs [Research] – SSRN
Sign-up to Freetrade via my link and we can both get a free share worth between £3 and £200 – Freetrade
Fintech 3.0: an overview [Nerdy!] – John Street Capital
Homes for sale fit for a Queen’s birthday, in pictures – Guardian
Comment and opinion
Fear – Enso Finance
Build the addition – About Your Benjamins
The top nine (bad) arguments against Bitcoin – The Simple Path to Wealth
A guide to moving from cash to investments – Compound Advisers
What to expect from the stock market – Humble Dollar
The million pound pension problem [Search result] – FT
Index funds have too much voting power – Morningstar
Are rich people better investors? – Klement on Investing
Beware of anti-money hiccups when joining a new platform [Plus a rant] – Simple Living in Somerset
Complementing a core strategy with managed futures [Geeky!] – Wisdom Tree
Inflation for nerds mini-special
Why wage inflation can’t be transitory – The Reformed Broker
Booth and Fama on rising inflation – The Evidence-based Investor
Economists discuss: is inflation really dead? [Video] – via YouTube
Naughty corner: Active antics
Is there a better way to invest in meme stocks? – Of Dollars and Data
Inflation versus speculation – Feld Thoughts
The 10 biggest mistakes made by fund investors – Behavioural Investment
A deep dive into Fundsmith’s emerging markets trust – IT Investor
UK Value Investor updates on his model million pound portfolio – UK Value Investor
The dean of valuation looks at SPACs – Musings on Markets
A profile of the bullish US value investor John Rogers – Institutional Investor
Why one firm’s portfolio managers code in Python – Institutional Investor
Unvaccinated are most at risk from Delta variant – BBC
Did any of the anti-Covid mandates really make a difference? – Vox
Rapid Covid tests used in mass UK programme get scathing US report – Guardian
Kindle book bargains
Liars Poker by Michael Lewis – £0.99 on Kindle
Business Adventures: Twelve Classic Tales from the World of Wall Street by John Brooks – £0.99 on Kindle
Legacy by James Kerr – £0.99 on Kindle
Think and Grow Rich by Napoleon Hill – £0.99 on Kindle
The decade of new veganism – GQ
Off our beat
Gareth Southgate: Dear England – The Players’ Tribune
In space, nobody can hear Jeff Bezos. So can Richard Branson go, too? – Guardian
The 20-5-3 rule on how much time to spend outside – Men’s Health
Microsoft Excel is now an e-sport. Yes, really – MSN
“You don’t have enough work because you’re walking too much – and other weird things I don’t miss about office life” – Elizabeth Tai
“One of the reasons that millionaires are economically successful is that they think differently.”
– Thomas J. Stanley, The Millionaire Next Door
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