There was an article in FT Money a few weeks ago that I have only just got around to reading (you should see the pile of things in my office I am getting around to …
Ken Fisher is wrong – fund management fees are too high
Category: Blog
Hipsters and hedge fund managers: grappling with the same unique issues
Everyone wants to be different. Everyone wants to be seen to be different. That’s the case in fund management as much as everywhere else. Every time I speak to a fund manager, he is at …
Buying a house in France? Watch out for desperate governments
A few years ago, when house prices in the likes of Spain, France and Portugal were beginning to look remarkably cheap, I said that while it all looked very tempting indeed, anyone wanting to buy …
Tighter rules for mega-rich foreigners could dent London property prices
Prime London property: no longer an easy way in I wrote here last week about how politics in Britain (the referendum, the mansion tax etc) may well spell the end of the boom/bubble in prime …
A sprinkling of fairy dust from Japan
Yesterday, we said goodbye to the Fed’s fairy dust. Today, we say hello to a delightful new sprinkling of it from the Bank of Japan.* We have consistently argued that the Bank of Japan would …
What China’s real growth figures tell us about stocks
You can’t trust the official numbers produced by the Chinese state on economics. We know that. We know it, because the numbers we get given never quite match reality – the sales figures from the …
Say goodbye to your state pension
I wrote a couple of weeks ago that the many changes in the pensions system looked to me – among other things – like the laying of the groundwork required to abolish final salary pensions in …
Why we need to cancel HS2 now. HS3 is a better bet
BBC Breakfast TV just called asking me to come on in the morning. I used to love going on BBC Breakfast. It was good PR for the magazine, it got me up and out early …
Devolution: another reason for London property prices to fall
I wrote at the weekend that London home owners should be aware that what politics gives, politics can take away. Global quantitative easing (QE), super-low rates and political instability elsewhere have not just insulated them …
Cut inheritance tax to 10% and make everyone pay it
I’ve written several times here about inheritance tax (IHT), and why of all the taxes there are, it seems in essence to be one of the least awful. I’d change it so that it wasn’t …