Details Are Part of Our Difference
Embracing the Evidence at Anheuser-Busch – Mid 1980s
529 Best Practices
David Booth on How to Choose an Advisor
The One Minute Audio Clip You Need to Hear
Category: Philosophy
Taking the Long View from a Different Voice
The recent volatility in the equity markets provides a great opportunity, or test, for readers of our newsletter. Is your perspective three feet in front of you or is it a longer view? We know the answer, but this month decided to let you hear the familiar refrain from a different voice.
Click here to email us for a piece from one of our favorite industry authors. The copyright on this piece allows only for direct distribution to our clients and other newsletter subscribers, so this will not be made publicly available on our website.
Video: Evolution of Rick, The Investor
Despite Rick’s understated demeanor, he’s certainly one of the most important people on our team. Watch as he tells his origin story from his days at Anheuser-Busch.
A View from Abroad
I recently fulfilled a lifelong dream of attending the greatest tennis tournament in the world, otherwise known as Wimbledon. This was my first trip to London, and I found myself in awe of the people, the architecture, and the history.
Sadly, the U.K. is a little behind the U.S. when it comes to investing. Check out this excerpt from a recent interview with our peer and fellow evidence-based investor, Robin Powell.
Wendy Cook: What is the level of awareness of evidence-based investing in the UK compared to the US?
Robin Powell: Alas, Wendy, we’re way behind! A market historian was telling me the other day she believes it dates back to the Wall Street Crash. Professional investors in the U.S. had their fingers so badly burned in 1929 that they moved towards a more diversified (if not exactly passive) approach, while U.K. investors carried on as normal. Whether that’s true or not, indexing has definitely grown much more quickly in the U.S. since the 1970s than it has in the U.K. There’s a healthy skepticism about Wall Street among the American media and general public that sadly doesn’t exist over here. We’re still far too reverential towards the City of London and active fund management in particular, and it’s a similar story in Europe and most of the rest of the world. Things are changing, but slowly.