Retirement technically is used to refer to an event; the day you leave your job or hand over the reins of your business to the next in line. It is not always the case of being pushed off the demographic cliff (your company policy forces you to retire by the age of 58, for example). […]
Image courtesy: Adobe Stock Vitaliy Katsenelson, Chief Executive Officer at Investment Management Associates, wrote this post which initially appeared on his blog. The stock market is not your friend. You want to approach it the same way the American president should approach a one-on-one meeting with the Russian president: Be respectful but cautious. He might smile […]
In May 2007, John Bogle gave the commencement address at Georgetown University. He flagged it off by recalling a story, one that is fairly popular by now. At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs his pal, the author Joseph Heller, that their host, a hedge fund manager, had made more money […]
Understanding the behaviour gap in investing A gap exists between the rate of return an investment would earn in a fixed period, and the return an investor in reality earns from that very investment. The latter, more often than not, being much less as investors move their money around in an emotional response to […]
‘We learn from history that we don’t learn from history’ – Desmond Tutu It is a tendency of most, if not all, that bends us on doing investment mistakes repeatedly. Our own ego is one that pins us down saying “how can you go wrong? It is not possible, because you are the smartest guy […]