Money, time, investing and survivor bias. What time travel could teach us. Imagine you’d bought Apple, Amazon, Microsoft and Google in the early days and avoided all the duds that have failed… You might develop a distorted view of your own brilliance. You might have survivor bias. How to counteract survivor bias in investing. #10ThingsMoney
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Money and time
What would you pack in your time machine to travel back and also possibly forward in time? In the UK, 97% of our money exists only as squiggles on a computer screen. Governments effectively wave the magic wand of belief to give value to otherwise worthless pieces of paper and metal, and in another stepContinue reading “Money and time”
Are your finances beach-holiday ready?
How to get our finances beach-holiday ready.