Good reads from around the Web.
A bit late with the links today. Blame BT broadband. It fell over in my house and made it impossible to load about nine out of ten of the websites I tried.
Google, of course, remained accessible throughout. It’s tough as a cockroach.
I’m sure we’ll be Google-ing cures for radiation burns and tasty recipes for three-eyed rats come the apocalypse.
Let’s crack into the links.
From the blogs
Making good use of the things that we find…
- Rebalancing with cashflows – Canadian Couch Potato
- Why do people put up with expensive fees? – The Escape Artist
- A portfolio is not a plan – The Reformed Broker
- Smart beta is good for all except investors… – Cassandra does Tokyo
- …and the term ‘smart beta’ has jumped the shark – Focus on Funds
- Why value investing works – A Wealth of Common Sense
- ‘Net-net’ value stocks usually end badly – Base Hit Investing
- The fine line between laziness and patience – Clear Eyes Investing
- Fund managers still underweight emerging markets – Fat Pitch
- H is for hindsight bias – The Psy-Fi blog
- The mortgage overpayment wall – Under The Money Tree
- Retiring with children – The Retirement Cafe
- Why do we buy gifts? – The Firestarter
Product of the week: Mexican restaurant Chilango is offering an 8% yield on its ‘burrito bonds’ with the prospect of free burritos on top. But beware – this sort of offering is much riskier than it might appear, as FT Alphaville explains in Crowdfeeding: The burrito option. [Search result]
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
- Canadian investors are losers – Huffington Post
- An interview with William Bernstein – ETF.com
- Be skeptical about financial advice – WSJ [Featuring Mike]
- Portfolio construction is easy. Teaching people is hard – ETF.com
- The thinking behind some new factor-weighted funds – Morningstar
- The risks and rewards of investing in renewables – Guardian
- So much for the permabears’ stupid 1929 comparison chart – WSJ
- Investing in high-growth shares [Audio interview] – Motley Fool
- Emerging markets are coming back into favour… – Bloomberg
- …Russia in particular is flying higher – Bloomberg
- Alpha to beta: The demise of hedge fund edge – Pension Partners
Other stuff worth reading
- Young, rootless, and broke [Search result] – FT
- The big ISA drawback: The mess when you die – Telegraph
- Mencap charity launches retail bond paying 4.4% – ThisIsMoney
- How to actually save money – Morgan Housel / Motley Fool
- Beating cancer and the 2008 financial crash – CNN Money
- In defence of being average – Fast Company
Book of the week: Tim Richards, the author of The Zeitgeist Investor and The Psy-Fi Blog is back with a new tome: Investing Psychology. Tim’s a great writer, but there must also be something canny and psychological going on in terms of the huge list price for his book. At £3.99 on Kindle, Zeitgeist is a much cheaper introduction to his work.
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- Reader Ken notes that: “FT 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”.” [↩]