Why would passive investors want to put money into pricy private funds? Plus all the week’s best reads…
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What caught my eye this week. Unlike some vocal Monevator readers, I’m nearly all-in on the cashless society. I even have a long-running email thread with a few sceptical and long-suffering friends, where I goad them with statistics about cashless shops and restaurants, and stories about homeless people taking donations via their own QR codes. [...]
The whole world in Goldman Sach’s hands, plus all the week’s best money and investing reads…
What caught my eye this week. Working at the end of the age of publishing words has given me a lead on the post-LLM era. I saw early on how ChatGPT had mined the web for everything ever written – well-enough to spit out answers about anything. And as a writer I had more incentive [...]
What caught my eye this week. One big driver of the thousands of young economic migrants who’ve come to Europe and the UK over the past decade is said to be the spread of social media. Now that the developing world can see – it all its influencer-filtered glory – how the West has been [...]
The Bank of England’s barfing bonds, plus all the rest of the week’s best money and investing reads…
A dinosaur uses the new-fangled (not) current account switching service to interesting effect.
Is it rational to bet on long shots when it’s the only shot you’ve got? Plus all the week’s good reads…
Financial innovation continues apace, and maybe we shouldn’t be so quick to condemn it.
Why the rate cut isn’t exactly a harbinger of better times, plus all the week’s investing reads…
Advice from a couple of old-timers who won the game, plus all the good reads from around the web…