contrarian investor

My post-graduate economics supervisor suffered from one of the most debilitating and chronic diseases known to afflict academics.

I found my attention drawn last week to an interview in the Investor's Chronicle with Rathbone's star manager Carl Stick by Leonora Walters.

I have a small, helpful suggestion for all of you who manage investment decisions for family offices, charities and rich individuals: the next time your highly paid, immaculately coiffured investment manager presents you with a sorry and lamentable series...

$123trn is a lot of money - it could almost repay most of the UK government's UK debt and my credit card bill combined.

I have just come back from the US having visited Vanguard fund management's campus outside Philadelphia.

It is that time of year when the big investment banks try to justify the vast amounts of money lavished on their research departments by presenting their annual forecast for the year ahead.

Parents couldn't possibly borrow any more - Or could they? The Contrarian Investor, David Stevenson, does some blue-sky thinking and imagines what the future might hold. And it's not that far-fetched!

Over the last few months I have been spending a fair bit of time talking absolute returns with some of the best fund managers in the business.

Over the past few months I have constantly banged the drum for a brave new world in which asset managers finally bite the bullet and launch cost effective multi-asset portfolios, comprised largely if not exclusively of ETFs.

Christmas and New Year is my usual time to catch up on that enormous pile of ‘interesting stuff' that lies rotting in the corner of my office.