It is early April and here in the UK, a new tax year has begun. And that means that soon, we will all be thinking about filling out our tax returns, th…
Joachim Klement
Spare a thought for hedge fund analysts. They constantly get bad press and when they lose money big time as in the brief moment of a GameStop short squ…
Joachim Klement
Everybody is talking about inequality and how unfair it is that some people make millions while others struggle to make ends meet. I am of the firm bel…
Joachim Klement
I have written in the past that I think one of the characteristics of economies and markets that make investing fun is that no law holds forever. As th…
Joachim Klement
If you are a fan of football (or “soccer” as it is called in underdeveloped nations that know nothing of sports) you know that the introduction of the …
Joachim Klement
Ever since the GameStop short squeeze, I hear how retail traders have become the new force to reckon with in stock markets. The argument goes something…
Joachim Klement
Companies are rewarded for growth with higher share prices. However, this creates an incentive for managers to “fake” growth by loading up on additiona…
Joachim Klement
ESG as a topic is clearly getting more attention both in the general public as well as amongst investors. And with that increased attention come increa…
Joachim Klement
This Sunday, we in the UK turn our clocks one hour ahead once more as we spring forward to summer time. For me, this is a highly unwelcome event becaus…
Joachim Klement
Two weeks ago, I wrote a post on research that showed that cash flows into index funds distort the relative momentum between stocks that are included i…
Joachim Klement
Central banks in the United States, the UK, and Europe are increasingly shifting their monetary policy guidance to an explicit stance to let inflation …
Joachim Klement
In his 1988 letter to shareholders, Warren Buffett helped popularise a saying that was known before he used it in his letter: “As they say in poker, ‘I…
Joachim Klement