The secret behind Jamie Dimon’s rise to the zenith of US banking
Jamie Dimon carries with him an A4-size paper in which he writes down and keeps track of any number of things, especially information that he has asked for. The paper is covered with dozens of little rectangles in blue ink: follow-ups and to-do reminders. Once he completes the task, he crosses it out. In the second half of...
A novel investment approach for those Americans who have no time or expertise
What if there was a portfolio that could be all these things? One, keeps you from being too conservative – that is sticking to bonds or bank deposits and see your purchasing power getting eroded by inflation. Two, stops you from owning any individual stocks or bonds. Three, does not require a broker, financial...
Terry Burnham has written a book (Mean Markets and Lizard Brains, by Terry Burnham, John Wiley & Sons; $16.95; Pages 324), to help you “profit from the new science of irrationality.” But what it describes is not exactly a science and is not new. It is the good old behavioural finance theory. As Burnham says “conventional financial advice is based on the assumption that both people and markets...
