Changes to make it easier to create ‘self-indexing’ ETFs are likely to be used to confuse and profit from unwary investors. I know, I’m shocked too. Not! Plus the week’s good reads.
The Investor
You might think that inflation is just something that happens, but in reality it’s a policy tool with specific uses, including a means of reducing the public debt.
Good reads from around the Web. After we updated the lazy portfolios for UK investors the other day, some readers asked good questions about how the different strategies had done in terms of returns and risk over the years. I say good questions partly because I don’t have good answers! But I do know the [...]
A few canny value investors like Warren Buffett have beaten the market for decades by buying cheap shares. More recently, academics noticed what they were up to and identified the value premium – the excess return over the market that you’ve earned by zeroing in on shares that looked cheap on measures such as price [...]