The Global Pharmaceutical Industry Isn’t Investing in Products for the Greatest Burden of Human Disease – Are Non-Profits a Solution?
[ad_1] Yves here. This post provides compelling evidence as to why running health care, and particularly pharmaceutical development, on a market basis is a bad idea. One has to wonder how much prejudice leads to the neglect of deadly diseases that afflict many millions….but in tropical areas, stereotyped as poor. The post does not mention […]
Activist investing is no longer the preserve of hedge-fund sharks
[ad_1] Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Trade unions rarely look to corporate raiders for inspiration. Yet the Strategic Organising Centre (SOC), a coalition of North American workers groups, is mounting the sort of campaign normally associated with hedge funds. The […]
As the Nikkei 225 hits record highs, Japan’s young start investing
[ad_1] Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Saito Mari, a 28-year-old nurse, was frustrated. Her pay, at just ¥160,000 ($1,100) a month, was meagre; after bills, rent, shopping and a few holidays, she had little left over. So in 2020 she […]
Investing in commodities has become nightmarishly difficult
[ad_1] Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. Only a few years ago, analysts and investors were aflutter with talk of a new “supercycle” in commodities. Some believed the world was about to repeat a surge in raw-material prices that began in […]
Bill Ackman provides a lesson in activist investing
[ad_1] Listen to this story.Enjoy more audio and podcasts on iOS or Android. Your browser does not support the <audio> element. As with every skirmish in America’s culture wars, how you view the ousting of Harvard University’s president has much to do with where you are sitting. Claudine Gay resigned on January 2nd. Progressives see […]
Big tech’s dominance is straining the logic of passive investing
[ad_1] “Don’t look for the needle in the haystack. Just buy the haystack!” So wrote Jack Bogle, who founded Vanguard Asset Management in 1975 and brought index investment to a mass market. Subsequent decades proved him right. “Passive” strategies that track market indices, rather than trying to beat them, now govern nearly a third of […]
National agoraphobia – Econlib – Index Investing News
[ad_1] This information is from the Mayo Clinic: Agoraphobia often results in having a hard time feeling safe in any public place, especially where crowds gather and in locations that are not familiar. You may feel that you need a companion, such as a family member or friend, to go with you to public places. […]
Pro-Business Movies – Econlib – Index Investing News
[ad_1] Last week Alex Tabarrok over at Marginal Revolution had an interesting post on pro-business movies. He focused on recent movies, only one of which I’ve see–Air–and I’ve already commented on that one. That leaves out my two all-time favorite pro-business movies: Executive Suite (1954) with William Holden and Working Girl (1988) with Melanie Griffith. […]
Dumb Ideas – Econlib – Index Investing News
[ad_1] Do dumb people hold dumb ideas? I’d say not necessarily. There are a host of issues where my views are probably closer to the view of the typical dumb person than to the views of a sophisticated reader of the New Yorker magazine. And even where I disagree with the views of dumb people, […]
Surging stocks undermine a hallowed investing rule
[ad_1] If you are one of the many buyers of American stocks or Treasury bonds in the past four months, or indeed a buyer of most financial assets over the period, then this article has a message for you: congratulations. Not only have you achieved pretty healthy returns—the s&p 500 index of big American firms […]