|
G'day This week's Fodder is chock
full of the latest food for thought from some of our most popular
contributors.
Jack Gray asks whether behavioural finance has made us better investors.
Jonathan Pain, who worked in the Middle East for many years, gives his
insider view on the situation in Iraq and the implication for portfolios.
In the vein of "if we don't learn from history, we're doomed to repeat
it", Anatole Kaletsky (the Kal in GaveKal) discusses
the important current day parallels with the event that sparked WW1
exactly 100 years ago tomorrow. And, in advance of officials from
the world's two most powerful countries gathering in Beijing for their
annual strategic talks, Yale University's Stephen Roach
recaps the history of US/Chinese strategic and economic relations,
explaining what needs fixing and |
|
 |
how. Finally, Angela Ashton
reviews a paper on hedge fund returns, concluding that "even a
modicum of ability in choosing hedge fund managers has the potential of
adding tremendous value to a portfolio."
All the best for some great
weekend learning - Graham
P.S. Registration for Conference 2014
(19-21 August) will open on Monday.
|
|
LATEST...
|
|
 |
The good guys and the bad guys in the cradle of civilisation
What we are witnessing in Iraq is a war within Islam. Will it mutate
into a broader regional war thereby threatening oil supplies?
Jonathan Pain, The Pain Report | Opinion
|
|
 |
Has behavioural finance made us better (investors)?
Are the human and organisational barriers to being better investors
insurmountable, or can we learn and improve our decision-making?
Prof Jack Gray, UTS | Resources
|
|
 |
The lesson of Sarajevo
The assassination of Archduke Ferdinand in Sarajevo 100 yrs ago tomorrow
lit the fuse to WW1. There are many points of modern relevance in the
catastrophe.
Anatole Kaletsky, GaveKal
| Opinion
|
|
 |
Rethinking the Sino-American relationship
The upcoming US/China 6th Strategic & Economic Dialogue is an
opportunity for serious reconsideration of the relationship between the
world's two most powerful countries.
Stephen Roach, Yale University
| Opinion
|
|
 |
Show me the alpha
This paper examines the oft-considered subject of hedge fund returns,
finding far greater dispersion than for traditional fund managers.
Angela Ashton, PortfolioConstruction Forum | Research
|
|
RECENTLY...
|
|
 |
Rates are going up - so don't buy fixed interest?
Everyone knows bond rates are going up - so why would you buy fixed
interest? Actually, there are three really good reasons.
Tim Farrelly, farrelly's | Opinion
|
|
 |
Sunnis on the march
The Islamist surge through central Iraq has the potential to upset the
plans of investors who've convinced themselves that volatility is in the
past.
Charles Gave, GaveKal | Opinion
|
|
 |
Don't save 10% of income (spend just 50% of every raise)
The staple of retirement planning - save a percentage of income - makes
it surprisingly difficult to ever reach retirement. The alternative is
much easier and more successful.
Michael Kitces, Pinnacle Advisory Group
| Opinion
|
|
 |
Capitalism - bruised but still champion
In the wake of the GFC, the public's belief in the free market has taken
a battering. But for all its flaws, capitalism remains the best way of
creating prosperity.
Oliver Hartwich, The New Zealand Initiative
| Resources
|
|
 |
Undiscovered Fund: Highly active international bond fund
A global fixed interest capability designed to maximise total returns
regardless of market conditions, that may be suitable as a specialist or
satellite allocation within a portfolio.
Zenith Investment Partners | Research
|
|
 |
Other good reads
5 brain flaws that make you a lousy investor
- a quick, very readable overview of the five most common behavioural
finance explanations of why the way our brains work can be detrimental
to making wise investment decisions. A good one to share with clients!
|
|
PLUS...
|
|
 |
Mark Your
Diary: PortfolioConstruction
Forum Conference (19-21 Aug)
Since 2002, PortfolioConstruction Forum Conference has gained a
reputation as THE investment conference of the year. Presented in Sydney
each August, it is our flagship program - a jam-packed, marathon
three-day, 25-hour program featuring 40 intensive, objective,
interactive sessions and more than 50 carefully selected local and
international portfolio construction experts. It is a companion program
to the annual Markets Summit held in Sydney each February.
Preview the theme "Reconnecting the three Rs - Risk & Return (&
Relating)"
|
|
 |
Keep up to
date - follow us @PortfolioForum
There's no need to wait until
our weekly Forum Fodder email to know what's new with PortfolioConstruction Forum.
Just follow us on Twitter to hear as soon
as we release new articles on
PortfolioConstruction.com.au and
registration opens for our live programs.
|
