Thinking about setting up an SMSF (Self Managed Super Fund)? For many people, SMSFs are a great option for building retirement savings, but they may not be suitable for everyone. In this first of a two-part series, we explain some of the key differences between SMSFs and public offer funds. While public offer funds are […]
Is a Self Managed Super Fund (SMSF) right for me? (part 1) Read More »
The Royal Commission An investigation into Australia’s Financial Services finds a litany of abuses. BANKS often face conflicts of interest when it comes to advising their customers. The regulators who are supposed to stop these abuses are not always up to the job. But when wrongdoing does finally come to light, the penalties can be
The Royal Commission Read More »
Bitcoin is fiat money, too. What Charles Kindleberger has to say about cryptocurrencies FINANCIERS with PhDs like to remind each other to “read your Kindleberger”. The rare academic who could speak fluently to bureaucrats and normal people, Charles Kindleberger designed the Marshall Plan and wrote vast economic histories worthy of Tolstoy. “Read your Kindleberger” is
The 5m-odd Norwegians own more than 1% of all the shares in the world The Economist A year earlier than expected, Norway’s sovereign-wealth fund, the world’s largest, surpassed $1trn in assets on September 19th. It had gained over $100bn in the past year, thanks in large measure to the global stockmarket rally in 2017: around
Norway’s Sovereign-Wealth Fund Passes The $1 Trillion Mark Read More »
Andrew Lo wants you to realize that traders are animals. Bloomberg Every reigning theory of finance has holes. The efficient-markets hypothesis says markets are rational and self-regulating, but it doesn’t account for crashes and crises; behavioral finance blames market breakdowns on investors’ short-term thinking, but it fails to account for group dynamics or predict future
This MIT Economist Has a New Theory of Finance Read More »
