This too will end

Six weeks ago I reminded Telegraph readers that history demonstrates stockmarkets go through tough times every ten years or so. If things were bad during September and early October the last few weeks have seen further collapses and...

November 2008

"This global boom is not over. Recent work on demographics, especially in the US, is very encouraging." The first thing clients should recognise is this year has seen an unprecedented degree of risk aversion with fundamentals totally ignored....

Sunny side up

Over the last couple of weeks I've been struggling through Jason Zweig's book on Neuroeconomics which explains how investors' brains are wired and why they make poor investment decisions. The book explains how our brains evolved over many...

Crash Bank Wallop

The most important lesson learned in the 35 years I've been an independent financial adviser is never make investment decisions based on emotion. That's why we track investor sentiment so carefully. For weeks now, investor sentiment has been...

Wassup

Why is it so many of us appear to be obsessed by what celebrities do with their money? Don't you think if you were looking for useful money tips it would be better asking billionaires? I don't remember...

How does your garden grow

"Making predictions has become a mania. Practically all economists are called upon for their future views - and many go out of their way to write articles and make speeches about what's ahead. You hear all manner of...

332 Years of Pessimism

And here was me thinking pessimism belonged to recent times. Then I came across this quote by Adam Smith, the Father of Economics, who was born 1723. By 1776 he not only worked out how expanding trade allows...