As Confucius said 2 500 years ago: Real knowledge is to know the extent of one’s ignorance. A more modern take on this age-old truism is what is known as illusory superiority. Applied to investors, it helps to explain some wayward behaviour.
Read MoreRetail legend and grocery chain founder Raymond Ackerman is known as a generous man. In his retirement he hasn’t retired from giving and once said “Doing good is good for business …” when urging others to commit to social responsibility programmes. “Look after your customers, your people [staff] … and your society,” Ackerman added.
We believe in and follow a similar philosophy at Veritas and today we look back on, and want to share with you, two projects that Veritas supports, thanks to the continued support from our clients.
As many of you will know, we often ponder over the relationship between money, happiness and success. It’s certainly a great dinner table conversation: does happiness create success or does success lead to happiness? A recently published book, The Geometry of Wealth, asks: What is True Wealth? Author Brian Portnoy finds the answer in four words, each starting with a C.
Read MoreFrom time to time, we have some tough conversations with clients who have invested in the same fund but have had very different experiences. Here we take a look at two questions investors should ask before investing; the experiences of six people who invested in the same fund; and the lesson that was learned.
Read MoreAs the silly season rapidly approaches, stores are already filled with Christmas goodies (in October, really?). Many of us may be wondering how we’re going to survive the next two months without overspending, overeating or drowning in too much debt (or aperitifs). So how do we resist all this seemingly endless temptation? And what coping strategies can we use?
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