contrarian investor

Until just a few months ago, emerging markets seemed doomed. The four horsemen of the EM apocalypse were supposed to be Brazil, Turkey, South Africa and everyone's least favourite demon - Russia.

We journalistic types love to talk about disruption, but change is threatening.

Negative reaction to Budget

'Fearing fear itself'

We poor humble journalist types constantly struggle to explain complex stuff, but, every once in a while, someone or something comes along which brilliantly captures the inane opacity of global finance in a simple thought.

I am in Sydney for a conference and as I write, all I can hear is the sound of drills and building site construction along the harbour side.

I have been known to write the odd column for other publications, not least the pink one, where last weekend I was holding forth on the subject of smart beta and why retail investors in particular need to tread carefully.

Where next for the oil price?

NAVs not 'toppy'

Every year, almost like clockwork, the 'demography' argument pops up within the broader investment debate, writes David Stevenson.