Gently sceptical thoughts on investment and the wider world of finance – see my Medium publication The Patient Investor for more.

The Poets’ Guide to Economics
- 12th August 2022
John Ramsden’s new book takes an engaging look at what poets from Daniel Defoe to Ezra Pound have had to say about ‘the dismal science’

Simple But Not Easy: a second edition of a cult investment classic
- 16th June 2022
A new edition of Richard Oldfield’s popular guide to investment continues to fly the flag for active management and the value style

Making the case for long-term value investing – again
- 28th April 2022
A new book by Jim Cullen, founder of New York-based Schafer Cullen Capital Management, restates the case for classic value investment principles

Share Power: a manifesto for giving control back to private investors
- 17th February 2022
A new book by MoneyWeek editor Merryn Somerset Webb argues we can assert agency over companies through truly representative share ownership

Adapting the Efficient Market Hypothesis
- 17th January 2022
Theories of efficient markets mislead because they seek to explain market behaviour according to the laws of physics rather than biology, says Adaptive Market Hypothesis proponent Andrew Lo

Trillions: a history of the rise and rise of passive investment
- 10th January 2022
A new book by Financial Times journalist Robin Wigglesworth surveys the history of index funds and considers their increasingly significant implications for the global economy

10 1/2 Notes on Beating the Market: a review
- 13th October 2021
I review a brief but sharp polemic by hedge fund manager Paul Marshall on the possibility of beating the market

In Pursuit of the Perfect Portfolio: a review
- 8th October 2021
A new book by Andrew W Lo and Stephen R Foerster profiling key figures in the development of modern portfolio theory offers a fresh perspective on the active versus passive debate