The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More

Crypto, cults and image makeovers

Whether because of covid-19 or otherwise, the quest for yield has in recent times been strewn with casualties. Where and how can...

For some time now I have been expecting the current global business cycle to end in 2020, with the caveat that it was almost as likely to...

A few years ago, I attended a talk by a professional sports bettor. The aim of the talk was to explain the differencebetween professional...

This is the third in a series of four posts dedicated to the subject of financial market predictability. In this month’s letter, I look...

Investment strategist James Montier now works with famed fund manager Jeremy Grantham at GMO, but in a past life wrote a fabulous paper...

This is the second in a series of four posts dedicated to active management, focussing on some of the key figures involved in the study...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Recently I was...

I occasionally like to ask people if they are in denial about something or other. If they say ‘no’, I smile. Then, when they see the...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Last year we...

Behaviour is everything. Our collective behaviour determines whether we as societies or as a race are creating or destroying. From time...

From Seneca Investment Managers' public marketing material. Seneca is now part of Momentum Global Investment Management. Our analysis...

I am not exactly sure how I have ended up as a chief investment officer. Looking forward at the investment landscape, I generally only...

When you make a decision to buy something, whether a stock, a fund, an ETF or a passive fund, you impose on yourself a second decision,...

I’ve been writing quarterly articles for Trustnet over the last couple of years. The first four were on the subject of ‘investment risk’,...

Having now written two series of articles exclusively for Trustnet on the subjects of ‘investment risk’ and ‘value investing’, I now turn...

This is my fourth and final piece on value investing. Next year’s four will be on the topic of behavioural investing. In light of Richard...

While it is far from clear what its long term impact will be, Britain’s vote to leave the EU has shone a light on the growth problems in...