In 2004, the book The (Mis)behaviour of Markets by Benoit Mandlebrot was published – well ahead of the financial mess in 2008. And it’s a shame more financiers didn’t read it. In it Mandelbrot lays out the history of his…
In recent months I have, hopefully, shown you how different investing lessons can be learned from activities as diverse as eating marshmallows, buying trousers and assembling Ikea furniture. This week, I am looking at one man’s approach to problem solving…
For the last fortnight the press has been full of articles about annuities in light of the Chancellor’s decision in the Budget to remove the requirement in 2015 to purchase one with your pension pot when you retire. What does…
This post will get a little bit more interesting, but this is a financial blog so here is a quick reminder. This is the time in the year where financial planning offers up a smorgasbord of options for using tax…