The Evidence-Based Investor

In the 12th of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow talks to Simon Bullock, founder of Mulberry Bow, the chartered financial planning firm that has supported the series. They look back at Simon’s favourite clips from the previous 11 episodes. Jonathan also talks to Simon about his own milestones in life and business, includ...

In the 11th of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow talks to a self-trained artist who has made a mid-life new life for herself on the Welsh borders. Many people dream of painting for a living, but Helen Arthur has made it happen. She describes her success as modest financially, but she is highly focused on her own artistic...

In the 10th of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow talks to one of the global founders of the 4-day week movement, Charlotte Lockhart. What if we could continue in our current jobs, and have 50% more free time to pursue our other passions, every single week? That's Charlotte's vision. She has a fascinating story. She more...

In the ninth of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews former Paralympian, and chartered financial planner and wealth manager, Scott Moorhouse. Scott provides an astute explanation of how he learned to throw the javelin throwing at a world-class level. He shares insights from his personal journey, starting from los...

In the eighth of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews writer and publisher Jonathan Clements. Jonathan Clements enjoyed a hugely successful career as a personal finance writer for The Wall Street Journal, but as he candidly confesses in this interview, for a long time he was addicted to frugality and the future a...

In the seventh of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews CEO and Editor-in-Chief of The Bureau of Investigative Journalism, Rozina Breen. Rozina candidly shares her journey from a working-class background to leading a not-for-profit newsroom, reflecting on the choices, challenges, and resilience that shaped her hig...

In the sixth of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews serial entrepreneur and Gym Group founder John Treharne. John has built not one, but two enormously successful businesses. The most recent of these businesses, Gym Group, was begun from a single site when he was in his early fifties. Less than 20 years later, i...

In the fifth of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews multi-million selling author Héctor García about the lessons we can learn from the longest-living people in Japan. Héctor is the co-author of”Ikigai”, a book about a key concept in Japanese wellbeing, which translates to "reason for being" or "purpose in life"....

In the fourth of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews Master of Wine Lisa Granik about her remarkable second life as a world expert on the wines of Georgia, the country in the Caucasus. She reflects on transitioning from law to becoming a wine academic - thanks to her unique skills and background. She shares insi...

In the third of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews writer, educator, investor and Chartered Financial Analyst Brian Portnoy. Brian discusses the concept of "funded contentment" as true wealth, contrasting it with the pursuit of "riches". He explores the four universal sources of deep contentment: connection, co...

In the second of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews doctoral student (and student ambassador) Alex Davis. She talks about her previous career as a finance director, and how she made a challenging transition, after more than 20 years, from running a family business to becoming an expert on the Roman poet Ovid. S...

In the first of a series of 12 TEBI episodes looking at meaning and money during later careers or second lives, Jonathan Hollow interviews author Andrew Hallam, focusing on his latest book, "Balance". In this lively, in-depth discussion, Andrew talks about the key themes in the book that make up a balanced life: purpose, relationships, health and money. He talks candidly about the life lessons tha...

Robin Powell's guest n this episode we’re discussing the bear market with the world-renowned behavioural scientist Meir Statman.   He’s the Glenn Klimek Professor of Finance at Santa Clara University.  What happens in the minds of investors when markets fall?  And how can we stop ourselves acting irrationally?  Professor Statman has some fascinating insights on those quest...

Neil Woodford is Britain's best-known fund manager. For many years his track record was very impressive. He was lauded in the media. He was even referred to by the BBC as "the man who can't stop making money.”  But then things began to go wrong and, three years ago, the wheels came off in spectacular fashion, when his flagship Equity Income fund was suspended.   The industry, of cou...

Investors need to be realistic.. and that means accepting the strong possibility that returns will be lower in the future than they have been in the past. Why? Well, equities rose to all-time highs as the economy recovered from the Covid crisis.   And the higher the price you pay for a security, the lower your expected return going forwards.  So, what other evidence is there that fu...

We live in interesting times. War in Ukraine, energy worries, inflation and a possible global recession. It's no surprise, then, that stock markets around the world have fallen considerably, and there seems to be no end in sight to the current volatility.  We wouldn’t be human if "headline anxiety" didn’t have an impact on us.  Robin Powell's guest on this episode is Craig Lazzara from S...

Spencer Jakab on the real winners in the GameStop saga

Robin Powell’s guest on the latest episode of The TEBI Podcast is Robin Wigglesworth, global finance correspondent for the Financial Times. Wigglesworth is the author of Trillions , a new book on the past, present and future of index investing. Currently living in Norway, he covers macroeconomics, finance, investing and markets internationally for the FT. In this episode, Wigglesworth declares the...

ARKK falls again, but are we really in a market crash?

We sat down to speak to Will Rainey, who has written a new book called “Grandpa’s Fortune Fables”, a book aimed at educating children which is full of metaphors, stories and exercises about money. 

Ten lessons the markets taught us in 2021.

This time last year it seemed that Cathie Wood could do no wrong. 12 months on, America’s most high-profile active fund manager is struggling to maintain her reputation as one of the most successful stockpickers of the last few years. Her flagship ARK Innovation ETF ended 2021 in a 40% drawdown that only worsened to nearly 50% in the first few days of January. So what should investors make of it?...

There have always been economic booms and busts and, sooner or later, stock markets are bound to crash. The key question for investors is: what, if anything can you do about it? How can you build a portfolio to withstand a crash and minimise its impacts? And how can you avoid being swept along by the euphoria that tends to precede a crash? ROBIN POWELL has been putting these questions to an expert...

Journalist David Ricketts has written a new book analysing the public fall from grace of "Britain's Warren Buffett", Neil Woodford.

We are living in extraordinary times, with billions of people around the world more or less confined to their homes as a result of the coronavirus pandemic. It’s very unclear how long it will take for things to return to normal. Indeed, some aspects of our lives may never be quite the same again. As well as the health concerns that people naturally have, there is also a great deal of fear and unce...