Good reads from around the Web.
You know that most active funds fail to beat the market. I know that most active funds fail to beat the market.
And all our fondly farewell-ed readers who got the message, bought a one-shot passive indexing product instead, and then went off to read about 20 Stars Who You Won’t Believe Commune With The Dead Using A Ouija Board knew it, too.
But plenty of people don’t, so I guess we’ll keep repeating it. It’s a bit late to change lanes!
So here’s the same message in a new video featuring Professor David Blake from Cass Business School, courtesy of The Evidence-Based Investor:
Lots more below – enjoy!
From the blogs
Making good use of the things that we find…
- Diversification is no fun – A Wealth of Common Sense
- Rising stars are often the first to fizzle out – Evidence-based Investor
- The tortoise beats the hare. Literally. [Video] – YouTube [Via Gregory]
- On analyzing stocks with a partner – Gannon on Investing
- Trumptopia: Winning sectors since Prez-Elect’s victory – The Reformed Broker
- Is the Yale model broken? – Chief Investment Officer
- Two charts for those who say the value bounce is done – Value Perspective
- Private bankers: Ever dance with the devil by the pale blue light? – FireVLondon
- Irrational Exuberance: 20 years on – Crossing Wall Street
- Who moved my cash? – SexHealthMoneyDeath
- Inflation, not rising interest rates, is the bond killer – The Irrelevant Investor
- How to read more books – The Investor’s Field Guide
- Trump taps into the desire people have for a job not a safety net – Tim Duy
- Financial planning for the top 1% – Evergreen Small Business
- Tim Ferriss: 10 keys to a successful business – Growth Lab
Product of the week: Bond yields have been rising, and we’ve probably passed the nadir for interest rates. HSBC just pulled what was celebrated as the cheapest-ever mortgage – the bank’s 0.99% two-year fixed rate deal – reports ThisIsMoney.
Mainstream media money
Some links are Google search results – in PC/desktop view these enable you to click through to read the piece without being a paid subscriber of that site.1
- What Buffett and Soros look like as factor portfolios… – Bloomberg
- …Pffft, says veteran Charley Ellis, who owns one global fund – Marketwatch
- Can the passive tailwind keep blowing for ETFs? [Search result] – FT
- With $3.8 trillion, giant-slayer Vanguard is a giant. What next? – Fortune
- Spread betting is for gamblers, not investors [Search result] – FT
- Joining the index is no way to beat it – Morningstar
- Best UK dividend payers have been property skewed of late – ThisIsMoney
- Shale producers are already locking in $50+ oil with hedging – Bloomberg
A word from a broker
- Japan: New dawn or false dawn? – Hargreaves Lansdown
- What’s happening to the Eurozone? – TD Direct Investing
Property and house prices
- Buy-to-let landlords feel vilified by tax changes – Guardian (and data)
- BTL fading, landlords may be “forced” to hike rents [LOL] – Telegraph
- Will central London’s property price falls spread? [Search result] – FT
Other stuff worth reading
- OECD: ‘Pension apartheid’ in UK worst in developed world – Telegraph
- The time-to-cash-in final salary pension meme is spreading – Telegraph
- How entrepreneurs can make peace with undiversified investments – NYT
- Keynes versus Hayek: Who’s winning now? [Podcast/Search result] – FT
- How seven (US) couples do money – Bloomberg
- A short history of the theory of increasing returns – Fast Company
- EU negotiators to offer British citizens an individual opt-in – Independent
- David Lammy: Brexit skeptics are not “enemies of the people” – Guardian
- When the checkout lines go away – Bloomberg
Book of the week: Every week I turn down dozens of would-be lucrative requests to insert paid links or run sponsored posts on this website. Here’s a better way to get yourself featured on Monevator – try citing us in your classy book. I recently discovered veteran science writer Robert Matthews showed such acumen and good taste within the pages of Chancing It, his deep dive into the laws of probability. The book came out earlier this year and boasts strong reviews.
Like these links? Subscribe to get them every week!
- Note some articles can only be accessed through the search results if you’re using PC/desktop view (from mobile/tablet view they bring up the firewall/subscription page). To circumvent, switch your mobile browser to use the desktop view. On Chrome for Android: press the menu button followed by “Request Desktop Site”. [↩]