During these extraordinary times, it’s easy to feel pressured (by others or ourselves) to do more of those things that we think we ‘should’ be doing. But that way of thinking doesn’t really help us to ‘achieve more’ at the best of times and it certainly won’t help now. So, let’s explore a different (and…
In this classic funny story, we learn the limits of Socialism.
Some wealth managers promote their investment service as being robust because it’s based on the ideas of a Nobel Prize-winning economist. The trouble is, they don’t tell you about the other Nobel Prize winner of the same year, who had very different ‘herding’ ideas about what drives prices in stock markets. In this Insight, I…
If you’re looking for some smarter investment ideas you’re in the right place.
So, are you being overcharged by this sort of character on your pension or investment plans? The Rhino is a thick-skinned salesperson who charges a lot 😊 and you might be shocked to see how their charges add up!
In this extract from chapter 5 of my book ‘Who misleads you about money?’ I explore the story of Tony Dye to help you understand why most fund and wealth managers will always take bigger risks with your money than you might reasonably expect. Dye was the chief investment officer at Philips and Drew when…
We’ve already seen how most people fail on most of their personal goals and explored seven ways to help you achieve more of yours. Here, I just want to share one of the most powerful ideas I’ve ever found for getting more done.
Working inside the Financial Services industry for 25 years, and observing it from the outside for another ten, I guess I’ve seen a lot of what goes on. I know what good (and fair priced) financial products, and financial advisers, look like, and many of those advisers are really good at their job. However, they’re…
Watch the video above to learn why you can’t rely on the newspapers for guidance about money.
Benoit Mandelbrot had a beautiful mind for risk. A Polish-born, French and American mathematician – he was the guy who discovered the idea of “self-similarity” in nature. You may have heard the term ‘Fractal’ which he coined to describe the beautiful and ‘apparently complex’ shapes in nature. This extraordinary simple concept explains how snowflakes are…