Tag: Finance
Five Books: Best Books for the Beginner Investor
John recently spoke to Five Books on the five books he recommends to people who are considering starting investing. Find the full interview here,...
Moving Beyond “Capitalism”
I wish we would stop using the word Capitalism.
It is a 19th-century term, derived from 19th-century economic philosophy. But today people who would run...
Equity markets are thriving but are they relevant?
The equity markets with which we are familiar came into being in the 19th century to finance railways and railroads. Railways and railroads were...
Bitcoin: Boon or Bubble?
Boon or Bubble?
Is Bitcoin a bubble, a scam, a Ponzi scheme? Or a transformational innovation which will change forever the functioning of the global...
Risk, the retail investor and disastrous new rules
I am a board director of Scottish Mortgage Investment Trust (SMIT), a £6bn investment fund based in Edinburgh. You can receive material about the...
The real meaning of risk for retail investors: John Kay takes...
John was recently interviewed about a forthcoming FT Money article by Claer Barrett. Listen to the interview via the FT, via Soundcloud, or subscribe...
I Kid you not, new European rules rely on a bent...
European regulations which came into force at the start of the year require many providers of Prips (packaged retail investment products) to produce a...
John Kay on the meaning of the market
In a wide-ranging interview, he explains why he fell in love with economics, what big banks and taxi drivers have in common, where modern finance has gone wrong, why economists should admit there are somethings you cannot predict and the new book he is working on with his old colleague Mervyn King.
Market-based capital allocation does not support long-term decision-making
A transcript of John's presentation at the Public Hearing on Sustainable Finance at the European Commission on July 18th 2017.
Asset managers should compete on philosophy and style
The asset management sector in the UK is very competitive, but not very price competitive. This apparent paradox runs through the FCA’s report on asset management, but is never adequately recognised or explained. But only by acknowledging it can regulators help to create an industry which works better for investors and for the economy as a whole.
