There are few issues more contentious in the investment world than the debate about whether passive or active investing is better. Most wealth management firms and investors tend to prefer one of the two strategies, with passive investments in fashion because their management fees are perceived to be low. In this series of articles, we’ll…
What a difference three months can make! In our previous quarterly newsletter, we discussed the underperformance of the South African stock market relative to its global peers, as well as the possibility of worse to follow if Nkosazana Dlamini-Zuma won the ANC presidency in the ANC elective conference in December.
In 2017, the Nobel Prize for Economics was awarded to Richard Thaler, who is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago’s Booth School of Business. In many quarters, Thaler was a controversial choice. For some in the profession, the idea that…
