Extreme poverty is on the decline
In the wealthy West we tend to believe that extreme poverty is endemic and is on the increase. In fact the opposite is true.
You may find it hard to believe but here are some encouraging statistics from 58:Fast Living by Scott C. Todd:
In the...
Eat more biscuits to make better financial decisions
The book I am reading on financial planning, in a section on behavioural finance, informs me that “thinking about difficult decisions quickly depletes the brain’s glucose levels and when this happens we are likely to abandon...
Do you like rice pudding?
I may only be talking to the over 50s here but at this time of year when it’s so cold dark and miserable I often turn to the childhood comfort of a home-made rice pudding. The recipe I use is from the book I have inherited from my Mum which she used...
Frankie - May 2000 to September 2011
How to be a contrarian investor – successfully buying what others are selling
(via Morningstar)
As harrowing as the recent market sell-off has been, widespread pessimism surrounding the global economy has been creating opportunities for valuation-conscious investors. For much...