Some interesting financial and investing posts I ran across this week, plus a few decent articles from the newspapers.
May 2009
The endowment funds of Ivy League universities like Yale and Harvard have historically achieved excellent returns, with less volatility than an index tracker fund.
Today I read an article from Alan Steel, a fund manager. Here are the key reasons why he thinks the March low means equity investors could see great returns for years.
A couple of readers have asked me what I think about the MPs’ expenses scandal that’s turned the British Isles into a Banana Republic. My first thought is Banana Republic politics is rather fitting for the UK today, given our dire national finances, unelected leader and last week’s threat to our debt’s AAA status. Beyond [...]