Category Investing

Web 3.0 Is Coming For Web 2.0

The internet was originally a network of military / government / academic computers. Web 1.0 was based on open protocols: the web was built on the HTTP protocol and email was built on SMTP.  These were the platforms on which website designers and other developers built. The problem for us was that Web 1.0 was mostly static webpages […]

Crypto : From Evil Criminal Network to Sensible Investment in just 18 months

It’s amazing how quickly the media narrative shifts. Crypto has gone from being portrayed as the payments network for SPECTRE Criminal Enterprises Inc. to sensible investment in just 18 months. If the speed of this change seems crazy to you, you’re not alone. Everything is speeding up One of the reasons that everything seems crazy these days […]

The 3 Flavours of Investment Risk

This post was first published in September 2019 and updated in December 2020. Most people think that investing in the stockmarket is dangerous. This is not really true. Catching Ebola is dangerous. Juggling chainsaws is dangerous. The stockmarket just contains some risks that you need to know about. And if you buy and hold a […]

Lessons from The Great Crypto Crash of May 2021

Last week I wrote about crypto and said it was in a bubble: Yes, this is a bubble. Yes, lots of punters will get rekt (as the lingo goes). Traders gonna trade and it’s not my job or your job to save them. And then, just days later, crypto markets crashed. It would have been […]

The Ten Commandments of Index Investing

In a society with a hole where religion used to be, maybe we need clearer guidance? Much of life is too complicated to be boiled down to just a few simple rules to follow. But it is possible to make investing clearer and simpler than the media and financial services industry have. So listen up […]

You can’t control The Outcome, you can only control The Process

Aristotle said: We become what we repeatedly do. This neatly summarises the transmission mechanism between actions, routine, habits and, eventually, identity. Actions are things we do. Maybe once. Maybe everyday. Frequency and repetition are the magic ingredients that change actions into routine and then eventually into habits. Eventually habits sink in so deeply that they […]

There is no such thing as 100% safety, there are only trade-offs

Like many other people, I get emails. One thing I noticed about these emails in 2020/21 is that many of them ask whether I am “staying safe”? Sadly not…I have been involved in that dangerous activity called “life”. Scientific studies show that 100% of lives end in death. Perspective At primary school we learned about […]

How To Build A Compounding Machine

Imagine a black box. Your job is to earn and save as much money as you can. You put the cash saved into the black box…into your compounding machine. Once you put the cash inside the box and close the lid, the magic starts to happen. Inside the black box the most powerful force in […]

What if you know nothing about investing?

A couple of weeks ago I was asked to give a talk to the support staff at a company about their workplace pension choices…now that pension auto-enrollment is being introduced. Everyone there was female…other than one token male and The Escape Artist.  Some knew a lot about investing but most didn’t. And being women, they were […]

Honey, I fired the wealth manager!

One of the great things about a blog is the comments, emails and other feedback from readers.  Best of all are reader success stories like the one I have for you today. Like everything good, the rewards of blogging are not always obvious at first. You share your insights and try to make the world a […]