S&P 500 – “what happens next?”
Background - Our Biases at Play We're all guilty of it. We look at a graph and instinctively attempt to extrapolate into a future that we cannot possibly predict, using flawed logic and a number of confounding behavioural biases. Ask most normal people to look at a...
Enough – how much is that?
"Enough is a feast"(Buddhist proverb) Kurt Vonnegut told his friend, Joseph Heller, at a party thrown by a hedge fund manager, that their host had made more money in a single day than Heller had earned from his novel, “Catch 22” over many years. Vonnegut’s...
UK Pension Transfers for Expats – An Overview
What is a Pension Transfer? If you have previously worked in a private sector job in the UK, you will probably have enrolled in the company's pension scheme; either "Defined Benefit" (DB) or "Defined Contribution" (DC). Upon leaving the company (e.g. to move to...
Behavioural Finance – What’s your favourite bias?
What's Behavioural Finance? If you haven’t come across the term “behavioural finance” before, then it’s something I’d suggest that every investor gains at least a working knowledge of. In a nutshell, behavioural finance is the study of the effect of...
Active or Passive Investing – which do I chose?
Background & History There have increasingly been two distinct, opposing schools of thought around investment methodology over recent years: “Active” (the traditional approach over many decades) in which a fund manager picks stocks that they believe to...
My “Top 3” timeless principles learnt from a career in Technology and applicable to Financial Advice and to Life
I've lately found myself repeating a number of the same philosophical points over coffee with clients, prospective clients, friends and relatives. When I find myself getting repetitious in this way (hopefully in an entertaining and/or educational manner) it's normally...