Photo credit: M.G.N. - Marcel on VisualHunt / CC BY-NC-ND ‘You take a chance getting up every morning, crossing the street or sticking your face in a fan.’ Police Lt. Frank Drebin, ‘The naked gun’ Many of the people whom we encounter, when asked about their attitude to...
Image from Jugbo on VisualHunt.com In 1997, an Austrian racing driver called Alex Wurz achieved every car racer’s dream of securing a seat in Formula 1. His first team was Benetton, where he substituted for his countryman Gerhard Berger in Montreal when the latter was ill. Having...
Image from rawpixel at Pexels.com One of the most hotly debated questions in finance is whether markets are efficient at setting the correct prices for assets. The implications of the answer are profound for investors because if they are not, then there must be significant opportunities for...
It is very easy to find ourselves drawn into communicating with ‘people like us’ because it is just easier and less stressful than engaging with someone who will always argue with us...
In order for any plan to be effective, it needs to be sufficiently realistic and detailed to meet their needs. It also requires commitment to stick with it, particularly when things are not going as expected....
Image from rawpixel.com at pixels.com I always look forward to August. Not because I’m going to be away (apart from a roasting long weekend in New York last year, we tend to do that in July) and not because of the weather (I was once snowed...
The aggregate expectations of all market participants are always reflected in the prices of quoted assets. Only the flow of news about unexpected events causes these to be adjusted either up or down....
Image from NASA Imagery via Pixabay There can’t be many professional investors whose name is familiar to a large number of people around the world. Perhaps the one whose name is cited most frequently is Warren Buffett, ‘The sage of Omaha’. Buffett’s early investing career as...
Image from Free-Photos on pixabay.com There are some subjects on which just about everyone has an opinion. Politics and sport come to mind immediately and the strongest opinions are often found among those whose experience of the particular field is limited to what they observe via...
Investing as a hobby is fine, as long as you don't need to rely on being good enough at it to feed yourself and your family in the future....