- Mark Hulbert reports in The New York Times on a recent research that finds that money managers have a sorry record: “the number of funds that have beaten the market over their entire histories is so small that the False Discovery Rate test can’t eliminate the possibility that the few that did were merely false positives”. The paper referenced in the article can be found here.
- As E*Trade Canada get gobbled up by Scotia Bank, Rob Carrick pays homage to the independent broker for breaking the comfortable oligopoly that charged high trading commissions for years.
- The 16 Rules for Investment Success by Sir John Templeton courtesy of Franklin Templeton. While you are at it, check out the updated Canadian periodic table of investments.
- Statistics Canada reported that inflation hit 3.1% over the past year. It was hardly surprising that food, energy and transportation costs were up sharply moderated by lower automobile and computer prices.
- Jon Chevreau finds out what some advisors are telling their clients about the global stock market turmoil.
- Growth in Value doesn’t share the Industry minister’s optimism that the spectrum auction will result in lower cell phone bills.
- Canadian Financial Stuff has a crazy idea for splitting income with his spouse.
- Michael James gives a good piece of advice only to find that it didn’t work out as anticipated.
- The Dividend Guy on the nine rules of risk management.
- Frugal Trader is excited about the GM Volt.
