Skip to content
Archive of entries posted on 23rd August 2016

Money managers can lose your money big-time. Here’s one story.

Start with the fact that it’s hard to beat the market occasionally, but impossible to beat it long-term. Move onto the fact that the easiest way to beat the market long-term is to take a handsome management fee — irrespective of how well you do, or don’t. Personally I have found little joy with money […]