The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More

A reminder about what empirical research tells us about business cycle phases and asset class returns

It's easy to make predictions but making them useful is another thing all together

An appraisal of the fundamental reasons for buying gold

The outlook for gold in the context of its long-term price trend

Retail investors cannot be adequately protected until the fundamental similarity between investing and gambling is recognised

Some thoughts on investment communication

Is the sustainable investing industry sustainable?

Crypto, cults and image makeovers

There is a remarkably simple test for whether something has intrinsic value

How does one value crypto's poster child?

There are two effects of high inflation. The first is one that we have in recent weeks and months become brutally aware of, namely its...

There is no correct answer to this question - other than that before 1973, none of it! - as it is impossible to separate out effects of...

In this post I set out a classification scheme for publicly available investment funds. It is hoped this can provide those readers who ...

I remember with amusement a presentation some years ago by a technical analyst, a so-called chartist.

Understanding the basic science behind man-made climate change can give investors an edge. However, for the non-expert.

I remember feeling extremely honoured when I was invited four years ago to write this column. It seemed to me to be a great opportunity.

In my Last Word column in May this year I wrote about investment fund blow-ups, with a focus on the debacle of Allianz’s Structured Alpha...

How can young people be helped to reach this epiphany sooner?

In November, the UK will host the 26th UN Climate Change Conference of the Parties (COP26). Considering this, and the recent extreme weather

Speculative bubbles – famous examples of which are tulips in the 17th century, the South Sea Company in the 18th, British railways in the...