With the Royal Commission Final Report a week away, and a new year stretching ahead of us, it’s time for all market professionals to decide what they stand for, and call out bad behaviour that affects everyone.
Author Archive | Rob Prugue
After decades of intense work in financial markets, including Asia-wide responsibilities, a sabbatical walk along Spain’s Camino led to an unexpected mix of superannuation insights and dealing with death.
With the strongest defensive assets earning close to zero and negative real returns, investors are looking at other ways to shock-proof their portfolios, but it invariably means taking on more risk.
Making a passive investment requires an active decision, and since index-based funds are structured using market prices, they build in influences of the active factor of price momentum.
Beware the investor who knows the price of everything but the value of nothing. While fees are important, fund managers should ultimately be evaluated based on their ability to add value to a portfolio.
The affordability of seeing a movie, or cost of driving to the movie theatre, has not changed much over the 32 year period from 1981 to 2013. But the same cannot be said for ticket prices of concerts featuring aging rockers.