The annual study of long run global investment returns by three London Business School academics (Dimson Marsh and Staunton) has the great advantage of puncturing popularly held but fallacious arguments much favoured by those hawking their financial service wares – be they brokers, fund managers, investment bankers or financial advisers.
Category: Old articles
Politics Is Back In Vogue (FT Column)
If you are not a fan of forecasting, and have no reason to be sure what is going to happen over the next 12 months,
No Time For Regrets
“Regrets – I have had a few, but then again too few to mention…..” Happy the fund manager, policymaker, or retail investor who could, hand
Madoff and the SEC: Incredible But True
It has taken me time to get round to reading the Office of the Inspector General’s report on his investigation into why, despite numerous warnings,
Grounds For Optimism (2009 Column)
This is the original version of my latest FT column, and is I suppose the nearest I have been to a unqualified market call for
What Agency Law Has To Say
This is the Court of Appeal judgment I referred to in my Financial Times column today. As a restatement of law nothing could be clearer,