I just finished reading a book titled Factfulness written by Hans Rosling, who spent the latter part of his life convincing audiences around the world that the world was in a much better place than what they thought. He used
Omission versus Commission
Was that it? The holiday appears to have disappeared overnight and here we are, already well into the New Year. I did not even get time to contemplate the past year let alone plan for the New Year. “Time” certainly
What you don’t want to hear from your financial adviser
As investors we hate ambiguity, we want certainty, which is why we dislike the idea of randomness. We want our advisors / managers to know exactly what is going on. Financial experts must speak confidently and explain what is driving
Financial advisors also act, speak like preachers
At gym, the other day a local minister mentioned that he regularly read my article. He questioned me on the difficulty of selecting a new topic each week. His passing words were, “at least you know how we ministers feel
Will retirees’ capital last entire stretch?
This week I would like to focus on the term capital income, which is usually used to describe the taxable portion of a capital gain realised. However, the term capital income is also applicable in retirement planning. Let me explain
The end of value investing?
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
Wealthy is having enough
According to google abundant wealth means having a ton of cash. Dig and bit further and the meaning is expanded to having an abundant mindset when it comes to wealth. This is best explained by the story of the billionaire
Don’t only trust your instincts
As a child I used to love playing monopoly, which I had not done for years, but the other day, while braaing with friends, I re-discovered my monopoly board and could not resist the temptation. My friend Emil and I
Happiness
According to Barry Schwartz, American psychologist, “the secret to happiness is low expectations”. Expanding on the idea of happiness it seems like our happiness is more of a relative story than anything else. We are very happy with our new
Zookeeper in charge of feeding the tigers
What does your financial adviser do for you? According to Daniel Kahneman Nobel prize winner and author of “Thinking, Fast and Slow”, financial advisers are responsible for: “The anticipation, diagnosis, and the management of client discomfort and regret.” Kahneman &