The Evidence-Based Investor

No sales agenda. No marketing spin. Just the evidence.

What fund management and the fossil fuel industry have in common

Posted by Robin Powell on May 16, 2018

I finally got round to watching Before the Flood the other day. For those who aren’t aware, it’s a documentary film about climate change, released in 2016. Commissioned by National Geographic, it was directed by Fisher Stevens and presented by the actor and environmental campaigner Leonardo DiCaprio. It’s a powerful and thought-provoking film, and what […]

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The costliest bias of all

Posted by Robin Powell on May 10, 2018

Human beings are not cut out to be good investors. We just aren’t. We’re hard wired to do the wrong things at the wrong times. The secret is to be aware of our behavioural biases and, as best we can, to try to manage them — ideally with the help of an objective third party like […]

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Working harder isn’t the answer for failing fund managers

Posted by Robin Powell on May 8, 2018

With active fund management in crisis, the financial media is teeming with suggestions as to how to rescue it. Indeed I’ve chipped in with some suggestions of my own. Interestingly, a recurring theme coming from active managers is that they need to try harder. With alpha so hard to unearth, some have vowed to redouble […]

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Warren Buffett’s advice for investors in 25 quotes

Posted by Robin Powell on May 4, 2018

Warren Buffett is generally recognised as the most successful, and highly respected, investor in the world. His company, Berkshire Hathaway, has provided excellent returns for its shareholders over many decades. So, what advice has Buffett given over the years to ordinary investors? Well, he’s certainly passed on plenty of it, both in interviews and, in […]

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