The Evidence-Based Investor

No sales agenda. No marketing spin. Just the evidence.

David Pitt-Watson on asset management fees — Video 1/3

Posted by Robin Powell on August 24, 2016

“If success is defined as efficiently promoting our interests, then the financial system as it currently exists in Britain, the United States and elsewhere is failing. On the best evidence, it has not improved its productivity in over 100 years.” David Pitt-Watson, London Business School

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Introducing the new, improved #TEBI website

Posted by Robin Powell on August 22, 2016

Whether you’re new to The Evidence-Based Investor, or a regular visitor to this site, I’d like to extend a warm welcome and invite you to stick around for a little while.

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Lies, damned lies, and trade body PR

Posted by Robin Powell on August 19, 2016

A question I’ve been pondering over the past few days is this: Should I respond to the extraordinary press release issued by the Investment Association last week, which categorically stated that there isn’t an issue with hidden fees fees and charges in UK asset management? Or, by doing so, would I be lending credence to […]

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What do managers of index funds do all day?

Posted by Robin Powell on August 18, 2016

“It is often said that a monkey could run an index fund. Nothing could be further from the truth. Precisely tracking an index requires a very high degree of market savvy, discipline and nerve.” William Bernstein, The Four Pillars of Investing   “The thing that bothers me about index funds,” a financial adviser once told […]

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