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 [1]:
Lots more below – enjoy!
From the blogs
Making good use of the things that we find…
Passive investing
- Diversification is no fun – A Wealth of Common Sense [2]
- Rising stars are often the first to fizzle out – Evidence-based Investor [3]
- The tortoise beats the hare. Literally. [Video] – YouTube [4] [Via Gregory]
Active investing
- On analyzing stocks with a partner – Gannon on Investing [5]
- Trumptopia: Winning sectors since Prez-Elect’s victory – The Reformed Broker [6]
- Is the Yale model broken? – Chief Investment Officer [7]
- Two charts for those who say the value bounce is done – Value Perspective [8]
- Private bankers: Ever dance with the devil by the pale blue light? – FireVLondon [9]
Other articles
- Irrational Exuberance: 20 years on – Crossing Wall Street [10]
- Who moved my cash? – SexHealthMoneyDeath [11]
- Inflation, not rising interest rates, is the bond killer – The Irrelevant Investor [12]
- How to read more books – The Investor’s Field Guide [13]
- Trump taps into the desire people have for a job not a safety net – Tim Duy [14]
- Financial planning for the top 1% – Evergreen Small Business [15]
- Tim Ferriss: 10 keys to a successful business – Growth Lab [16]
Product of the week: Bond yields have been rising, and we’ve probably passed the nadir for interest rates. HSBC [17] just pulled what was celebrated as the cheapest-ever mortgage – the bank’s 0.99% two-year fixed rate deal – reports ThisIsMoney [18].
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 [19]
Passive investing
- What Buffett and Soros look like as factor portfolios… – Bloomberg [20]
- …Pffft, says veteran Charley Ellis, who owns one global fund – Marketwatch [21]
- Can the passive tailwind keep blowing for ETFs? [Search result] – FT [22]
- With $3.8 trillion, giant-slayer Vanguard is a giant. What next? – Fortune [23]
Active investing
- Spread betting is for gamblers, not investors [Search result] – FT [24]
- Joining the index is no way to beat it – Morningstar [25]
- Best UK dividend payers have been property skewed of late – ThisIsMoney [26]
- Shale producers are already locking in $50+ oil with hedging – Bloomberg [27]
A word from a broker
- Japan: New dawn or false dawn? – Hargreaves Lansdown [28]
- What’s happening to the Eurozone? – TD Direct Investing [29]
Property and house prices
- Buy-to-let landlords feel vilified by tax changes – Guardian [30] (and data [31])
- BTL fading, landlords may be “forced” to hike rents [LOL] – Telegraph [32]
- Will central London’s property price falls spread? [Search result] – FT [33]
Other stuff worth reading
- OECD: ‘Pension apartheid’ in UK worst in developed world – Telegraph [34]
- The time-to-cash-in final salary pension meme is spreading – Telegraph [35]
- How entrepreneurs can make peace with undiversified investments – NYT [36]
- Keynes versus Hayek: Who’s winning now? [Podcast/Search result] – FT [37]
- How seven (US) couples do money – Bloomberg [38]
- A short history of the theory of increasing returns – Fast Company [39]
- EU negotiators to offer British citizens an individual opt-in – Independent [40]
- David Lammy: Brexit skeptics are not “enemies of the people” – Guardian [41]
- When the checkout lines go away – Bloomberg [42]
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 [43], his deep dive into the laws of probability. The book came out earlier this year and boasts strong reviews.
Like these links? Subscribe [44] 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”. [↩ [48]]