Videos

Did you know that the definition of 'Recession' includes nothing about stock prices? Stock markets follow corporate profits (and the expectations of them). If profits become shaky, investors have less demand for stocks. Consumer spending is about two-thirds of GDP in the US, and around 50% of global

Conservatively, I estimate that around GBP £4 Trillion of UK investors money is under-performing a simple risk-return benchmark. Two very important principles are (i) we generally prefer a passive strategy over an active one, and (ii) we prefer simple over complex. Here's a presentation I gave in January