by MikeD | Jan 19, 2024 | Personal Finance
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...
by MikeD | Sep 11, 2021 | Personal Finance
“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. ...
by MikeD | Jun 3, 2020 | Personal Finance
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...
by MikeD | Jan 21, 2020 | Personal Finance
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...
by MikeD | Aug 8, 2019 | Personal Finance
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...
by MikeD | Jun 30, 2019 | Personal Finance
So, what is a REIT? A “REIT” (Real Estate Investment Trust) is, quite simply, an investment asset type in the same way that a “Bond” or an “Equity” is an investment asset type. Just as an “Equity” (e.g. as identified by...