The belief that an aggregate of casual opinions provides a better process of value discovery than a flow of informed judgment through close engagement by investors, is an article of faith rather than a matter of empirical evidence.
Tag Search Results
17 December 2014, Financial Times
05 November 2014, Financial Times
The National Trust announced that a painting of a raffish Dutch gentleman wearing a white feathered hat, on display at Buckland Abbey in Devon, is in fact a self-portrait by Rembrandt, worth £30m. But who created that £30m value, and when?
30 July 2014, Financial Times
There is never such a thing as a single true and fair view, only a range of possible outcomes. To assess a value from the mean outcome is as meaningless as the observation that the average person has 1.99 legs.
19 February 2014, Financial Times
Anthropology helps us understand the world, in ways that are helpful whether we are talking about the internal contradictions of communism or the pathologies of financial crises.
18 December 2013, Financial Times
To say comparisons of academic performance are always imperfect and open to revision is not to say they cannot be made at all.
30 November 2013, Financial Times
The monetary rewards attached to different occupations and social positions change from one period of history to another. The houses remain, the backgrounds of their occupants change.
07 August 2013, Financial Times
Money is a confidence game; its value depends entirely on the willingness of other people to accept it.
17 July 2013, Financial Times
What happened at Enron, and in the banks, was that trading assets were marked to values that had been established not by people who knew about the contracts or the loans, but by the biased and ill-informed assessments of the traders.
17 April 2013, Financial Times
The growth of the trading culture has encouraged the belief that the only measure of value is what someone is willing to pay. But this is a mistake.
07 March 2013, Financial Times
The most remarkable thing about Warren Buffett’s achievements is not that no one has rivalled his record, it is that almost no one has seriously tried to emulate his investment style.
01 September 2010, Financial Times
You can search for all articles relating to a 'tag' by clicking on the relevant 'tag' word above. The size of the word indicates how many articles are available with the 'tag'.