Who is going to pay for your retirement?

The money must come from somewhere. Whether its taxpayers, home buyers or investors, someone has to fork up the cash you use in retirement. But is there enough to go round?

The high price of diversification in portfolios and power supply

American finance professor Harry Markowitz said, “diversification is the only free lunch in investing”. Students have been regurgitating his theories ever since. But was he wrong?

What is the meaning of this, price?

Stock markets used to function very differently. Legendary investor Bill Fleckenstein reminisced about it in an interview. Insight, analysis and fundamentals used to drive prices up or down. But that’s changed…