Reading Time: 3 minutes Look, I’ve always been pretty skecptical of Cryptocurrencies and Bitcoin. My typical argument would be that if you evaluate it against the characteristics of a typical financial asset you find that it has: no income, no claim to crytalise value and no inherent value. But perhaps that is too narrow a way of looking at … More Digital gold: the institutional case for Bitcoin
Welcome to Real Returns
Reading Time: 4 minutes Ok so look I know the world probably doesn’t need another article on this. Obviously you’d need to have been on Mars for the last week not to have seen the world lose their minds over the GameStop stock story, that became an iconic meme, that became a saga that turned into a real pop … More Stop. But should long-term investors care?
Reading Time: 7 minutes In 1981, an enterprising economist at the World Bank named Antione Agtmael was trying to win backing for the idea of a fund investing in developing economies. He was struggling with the name, and he knew this mattered. He was stuck on “third world equity fund”, but his colleagues weren’t sure. The name “Emerging Markets” … More The Concept of Emerging Markets is an outdated relic, we need a new paradigm