Congratulations to Eugene Fama, who has been awarded the Nobel Prize in Economics along with Lars Peter Hansen and Robert Shiller.
Nobel prize for Eugene Fama
Hardly a week goes by without more reports detailing quite how hopeless UK fund managers are at managing our investments. Last weekend’s money sections featured so many such stories that surely readers must be starting to question the wisdom of paying so-called ‘experts’ exorbitant charges to buy and sell shares on their behalf.
Dog days for fund managers
There was a feeling of déjà vu when the FTSE 100 broke through the 6000 barrier this week. We’ve been there several times since the late ‘90s and, who knows, we may well pass it on the way up and down several more times yet.
Passive sense in exciting times