Timing of returns | Bonsais

Prodotti finanziari e giustizia


GMO, a great investment management organization, recently published this paper on the path-dependency of returns; a must read for any of us who will live with the help of accumulated savings (pdf).

Once upon a time I used to grow bonsais myself; I even killed a couple, not for nastiness but for incompetence. Here’s a brief National Geographic story with pictures of truly incredible plants: article.

Beppe Scienza, nel suo solito stile chiaro e diretto, ci spiega perché nel mondo dei prodotti finanziari in Italia le cose cambiano poco: articolo.