Steven Barrett's Archive

Keep it simple

Keep it simple

I went to the Dimensional Science of Investing conference in October 2014. Conferences are usually pretty boring but this one was enlightening. Held over two days, they didn’t talk about funds but where returns come from (for advisors reading this, if you haven’t been to it, get yourself an invite to one). After that, I […]

Read More

Data obsessive

Data obsessive

On my recent holiday, I’d go for a jog in the morning. It was an easy enough run to the local surf club, exactly 1.5 km away, so a 3km run in total. Even though I knew the exact distance, I would always turn on Strava when I began each run to record my data […]

Read More

Do we need to redefine the term investment risk?

Do we need to redefine the term investment risk?

We talk to clients about investment risk all the time. But the whole system around investment risk is wrong and it is doing a disservice to clients and it is resulting in them losing money. ESMA Ratings Life companies use the ESMA rating system to assess the risk of their funds. There is a rating […]

Read More

Risk Benefits: When Should You Safeguard Your Future

Risk Benefits: When Should You Safeguard Your Future

Insurance. Something that we would prefer not to have to pay for. The law says we have to have car insurance. The terms of our mortgage says we have to have house insurance and mortgage protection for our home. But when no one tells us we have to have insurance on ourselves, we avoid it, […]

Read More

Preparing for retirement

Preparing for retirement

Retiring is one of the biggest events in your life. You have been working for almost all of your adult life. It is an area where you have a considerable amount of expertise, you are respected for what you do, it takes up more time than anything else you do, it is the source of […]

Read More

Inflation – a new base line is set

In August 2017, the footballer Neymar moved from Barcelona to PSG in a move that shook the football world. Barcelona had a massive buy out clause of €222 million in the player’s contract. A figure so high that it would put club’s off bidding for one of their star players. But in the new football […]

Read More

We get one life, live it

We get one life, live it

Andy Friend is a long way from home. The Australian rugby coach has just finished a five year stint as head coach with Connacht rugby. It’s now time for him and his wife Kerri to go home and spend some time with their family. But they aren’t going straight home. Last year they bought a […]

Read More

Trust the experts

Trust the experts

There was an online pile on recently when podcast host Joe Rogan challenged the Dean for the National School of tropical Medicine, Professor Peter Hotez to debate anti vaxxer Robert Kennedy Jr. Twitter owner, Elon Musk, then threw his weight behind Rogan and Kennedy. What did Hotez do? He accused Rogan of broadcasting disinformation on […]

Read More

Can we afford it?

Can we afford it?

I got a phone call from a client at 21:55 last night. As he and his wife aren’t young, I answered, just in case. “Steven, we’re thinking of going to South Africa in the winter. It wasn’t in the plan. Can we afford it? And it’s a long flight, so we’re thinking of business class. […]

Read More

If you don't have anything to occupy your time in retirement, volunteer

If you don’t have anything to occupy your time in retirement, volunteer

Retiring is a huge change for people, not just financially but emotionally. For decades, you have gotten up every morning with somewhere to go. You met and worked with people who have some of the same interests as you, often spending more time with work colleagues than your own family. Then it ends abruptly. Lots […]

Read More