Combining Best Ideas in Search for Alpha Asset Allocation & Strategy Good ideas take time. In fact, one of the best ways to kill creativity is to act swiftly and decisively. In a lecture delivered in 1991, British comedian John Cleese gave an insight into why some people are more creative than others and come up with better ideas. Despite what you might think, talent was […] Read More
Heuristics are Biased. But are They Lazy and Dumb? Behavioural Finance, MarketFox In this second instalment of the four part series on the criticisms of behavioural economics, MarketFox columnist Daniel Grioli looks at heuristics: are they lazy and dumb? Read More
The Biggest Risk in Investing is Trying to Avoid It: Grantham Equities, MarketFox, Risk and Regulation Asset managers don’t take enough risk when implementing their best ideas, according to veteran investor and GMO co-founder Jeremy Grantham. “By far the biggest risk in the long run is to try and avoid risk, to try and hedge everything out,” Grantham says. “Forget it. You’ve got to learn to take some risk and hit […] Read More
Australia Needs to Export Technology, Not Talent: Farquhar Private & Alternative Markets, Risk and Regulation If Australia is to maintain its standard of living, it needs to make a greater effort to build a domestic technology industry, rather than allowing its well-educated professionals to be poached by overseas companies. Scott Farquhar, co-founder and co-CEO of Atlassian, told an audience of venture capital and institutional investors in early March that Australian […] Read More
Too Many Investment Advisers Don’t Get Portfolio Construction Asset Allocation & Strategy, Women in Finance Portfolio construction is a specialised skill and there are too many professionals in the investment industry who manage people’s money without the right knowledge to build portfolios, according to the new chair of the CIMA Society of Australia. “I took the chair role because there are a lot of people who make decisions about investments […] Read More
Mobile Platforms Help Open Up Rural African Markets Emerging Markets, Private & Alternative Markets LGT Impact Ventures sees more companies using mobile applications to create distribution networks in remote African areas, creating new opportunities to services lower and middle income people. Read More
Are We Biased? Bringing Time Series into Behavioural Finance Behavioural Finance, MarketFox Before becoming a professional investor, I was a psychology student at the University of Melbourne. The course took me on an interesting personal journey. In first year, we studied the classic research. Studies such as Pavlov’s conditioning experiments with dogs, Asch’s conformity studies, Milgram’s coerced compliance experiments and Zimbardo’s infamous Stanford prison experiment. By the […] Read More
Knowledge Management: Keeping Track of What We Know Asset Allocation & Strategy Institutional investors sit on treasure troves of knowledge about financial transactions, industry networks and due diligence reports. Ashby Monk says the management of this knowledge should be a top priority. Read More
True Equity Diversification is Hard Asset Allocation & Strategy, Asset Owners, Chief Investment Officers, Equities Diversification is good, but what assets will truly diversify you from equity risk, Michael Block, CIO of the Australian Catholic Superannuation & Retirement Fund, asks. Read More
