Is the US really losing its primacy?
GDP alone is a crude measure of economic prowess. It needs to be combined with other measures. I think the US will continue to enjoy it’s position as a global superpower for quite some time into the future.
Perhaps I need to take market risk more seriously
So what is the best forward-looking way to protect yourself against the next correction? I strongly believe you need try to understand the company’s fundamentals. This is tricky if you’re invested in an index. But if you don’t, you’re not really taking market risk seriously.
He drives on the wrong side of the stock market
There are many way to look at risk and you can construct an index in a very active way. Ultimately, investors need to pick the best route that gets them where they want to go, and that depends on how long the journey is, and how much they want to see along the way.
Millennials, will we ever retire?
Many of us are not saving enough for retirement. More worryingly, the poorer you are the less likely you are to even save at all. Most governments in the developed world offer extremely attractive incentives to save for retirement. But these don’t go far enough.
Will our kids become astronauts?
I don’t know whether my daughter will have a better work life balance or live in a fairer and cleaner society, or even be made redundant thanks to a robot. However, anything is possible because the future is unpredictable.
A recipe for trust in asset management
Each mouthful was an explosion of flavours. It was overwhelmingly tender and succulent and married amazingly well with the wine. I savoured every second, hoping the moment would never end.
Brazil’s real middle-class consumers
I discovered that if you were to buy the same phone in cash from the Apple Store in Brazil (a matt-black iPhone 7 with 32GB of storage), it would cost you R$ 3,499 (US$ 1,120). That same handset, assembled in China, costs US$ 649 in the US.
Why I was lucky to be a student
A cool summer breeze left a refreshing chill in the air that evening in Bath. The bars had emptied and stacks of cardboard boxes lay neatly piled up outside the shop-fronts along the high street.
The black swan that almost killed me
It was June 2010 when the fire occurred. Despite what happened, I recovered very quickly. It’s strange, but losing everything felt weirdly liberating.
Lost my wallet but now admire the power of compounding
I had lost my wallet. I lose it on a regular basis at home, usually just before I’m about to leave the house, but this time was different – I lost it while I was out. I searched all my pockets, went back to my brand-new car and scanned the pavement outside to see if I had dropped it.
