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The Investor

Why I’m buying cheap equities, not expensive government debt.

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I have just finished the The Snowball, the first biography Warren Buffett has cooperated with. It’s full of surprises, such as how Buffett had three leading ladies for two decades, and how his 1960s home was an accidental outpost of the counterculture. But I’m more interested in how Buffett made his money. And while there’s [...]

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Fable II is a video game, in which you play a hero and business mogul. In this post I’ll explain what it can teach you about making money. Lesson 1: Jobs mean money, but gosh they can be dull You begin Fable II as an orphan with a dog. Slaying bandits and collecting gold to [...]

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As a saver whose income is modestly into the higher tax bracket, yesterday’s pre-budget report wasn’t great. Here are the main measures designed to get Labour re-elected and stimulate the economy: Spend now: Temporary cut in VAT, from 17.5% to 15% (until December 2009) Extra £60 to pensioners in January Early increase in child tax [...]

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