Tag: Intellectuals

5

How people invest….

Posted by

Nice to see many many many articles, blogs, even legislation which are meant to ‘help’ the uninformed, poor investor. Let us look at the assumption of what these intellectuals and bureaucrats think about the behavior of the end investor: 1. The investor is rational: Fair assumption based on the Economics that they have been taught […]

Read More →
1

Intellectually superior products…

Posted by

I do not know much about the other industries, but the financial services industry has a lot of interesting behaviour… The life insurance industry had a product called Classic Endowment Policy. This was a compulsory saving and risk cover product where the returns were a function of how well the fund was managed, how the […]

Read More →