Tagged: uncertainty

Are we on the road to ruin?

In this article, I use James Rickards’ book The Road to Ruin as a starting point for talking about predicting “The Future” (singular, rather than plural), “X risks” (or “existential” risks), and the challenges of trying to predict “worldwide financial meltdowns” (whatever that actually means).

Guaranteed income funds can’t offer you certainty

I was really pleased to see Lifetime Retirement Income develop a “guaranteed income” investment product in 2016. This was followed by Simplicity’s Guaranteed Income Fund the following year, which is available to KiwiSaver members. I lump these...

Certainty and confidence

Human beings are attracted to certainty. We prefer a sure thing than a 99% likelihood. We respond to people who are certain – people who are often wrong and never in doubt. The challenge...