These are my last words on this topic I promise. We have learnt that merely taking the average annualised return for an index and then back dating that figure to achieve a hypothetical magical figure is naive and reflects a tremendous lack of knowledge as to how markets work. Likewise suggesting that someone simply buy all…
I was thinking of the results I was able to generate in part one and have come the conclusion that they flatter the basic premise of achieving the same return as the accumulation index. Remember, the basic premise was you simply bought the index and hung on – it is referred to in the piece…
I actually saw this article the other day whilst having breakfast after training. The opening point so caught my eye that I had to find the original source article and see if it was correct – my looking over someones shoulder guess was that is was not. The article begins with a somewhat staggering claim…
Yet this is not the case. Finding Led Zeppelin on the radio today is no more difficult than it was in 1973. If you stroll around the campus of any state college, the likelihood of finding kids wearing Zeppelin T-shirts mirrors the likelihood of finding kids trying to buy weed. This summer, British fashion designer…
A bit of a bounce but why am I reminded of the old adage never try to catch a falling knife…..
I don’t mind where you get my books from, as long as you get a copy, and implement the concepts as fast as you can. There are so many great spots to buy my books. To make things easier I thought I’d let you know some other locations where you can hunt them down. However,…
Somewhat breathless in the semi agitated American style but worth two minutes. Visit NBCNews.com for breaking news, world news, and news about the economy
When I run an explorer over an collection of stocks it has a number of benchmarks that a stock has to hit before being considered a potential trade. In addition to this standard exploration I also run what I call a dirty or bare bones scan – this is a scan with minimal hurdles for price…
This is rather like clubbing seals….. With four years to go in his bet with New York hedge fund firm Protégé Partners , Berkshire Hathaway’s Warren Buffet is sitting in the catbird seat. The Oracle of Omaha made a 10-year bet six years ago that money invested in an S&P index fund would outperform a…
Two pieces on how numbers conflict with emotion and expectation. Star statistician Hans Rosling takes on Ebola The Case Against Early Cancer Detection
With current pissing contest that is the US versus OPEC I thought it would be interesting to see at what point everyone begins to feel pain. Knowing everyones pain point is always an interesting thing. Intriguingly finding this data took a little bit of digging through various sources, there is also a little bit of…
A terrific way to learn about the sharemarket is by picking up some eBooks. As technology has developed, eBooks have become incredibly popular, and they can definitely be more convenient for the tech savvy, those with space issues, or those who find that reading a physical book is rather archaic. Just imagine – you won’t…
“One feels as if one were lying bound hand and foot at the bottom of a deep dark well, utterly helpless,” Van Gogh wrote in one of his manyletters expounding his mental anguish. And yet the very melancholy that afflicted him was also the impetus for the creative restlessness that sparked his legendary art. In his diary,…
I know nothing about gold fundamentals – nor do I want to. However, I had excel open and thought it might be interesting to look at the pattern of gold reserves. And a chart always makes things more interesting….. A few things about this interest me. 1. Australia despite being the second largest gold producer…
