Financial Advisor
Harry Markowitz developed Modern Portfolio Theory, which theorized that investors could design a portfolio to maximize returns by accepting a quantifiable amount of risk. In other words, investors could reduce risk by diversifying their assets and asset allocation of their investments using
Guru investor Terry Smith, founder of the phenomenally successful Fundsmith in the UK, has a remarkably simple investment philosophy based on three investment rules: Invest in a good business Pay a fair price for the business Do nothing! I will
Value style managers have struggled on a relative basis to keep up with broad market indices, which have been driven higher by a handful of mega-cap quality / growth companies mainly listed in the US. Value managers have been underweighting
The investment industry uses some very descriptive words in describing investor behaviour and one of these is capitulation, this is the point when investors throw in the towel. Throwing in the towel is boxing speak for give-up. Picture the towel
This week’s article is an extract from a reply to a client’s question on whether he should reduce his share exposure or move to a balanced portfolio strategy given several “warning lights” on the horizon. The easiest way to
“Smart money” is used to describe institutional or professional investors, by default that makes the rest of us the “not so smart money”. What seems to distinguish the “smart” from the “not so smart” is the degree of emotional influence
The debate on active vs. passive investment strategies is never ending. If you google active vs. passive there are tens and thousands of articles on the topic. For less informed readers, passive investment strategies refer to tracker or index funds,
Why is it as investors we are most susceptible to a pessimistic viewpoint over the optimistic outcome. Quite simply because we experience the pain of loss twice as much as the pleasure of gains and therefore fear is a stronger
The cold war between Russia and the USA was premised on a critical acronym known as a MAD, which stood for “Mutual Assured Destruction” in reference to the nuclear arsenal of each country and that any hot war between them
As a child I grew up thinking that I would one day run the Comrades marathon. I read somewhere older athletes were better suited to the long distance, which was the excuse a clung to until the dream faded into