The author has been described by News Ltd as an "iconoclast", "Svengali", a pollie's "economist muse", and "pungently accurate". Fairfax says he is a "Renaissance man" and "one of Australia’s most respected analysts." Stephen Koukoulas concludes that he is "85% right", and "would make a great Opposition leader." Terry McCrann claims the author thinks "‘nuance’ is a trendy village in the south of France", but can be "scintillating" when he thinks "clearly". The ACTU reckons he’s "an enigma wrapped in a Bloomberg terminal, wrapped in some apparently well-honed abs."

Monday, September 17, 2012

Great AFR column by Jeremy Cooper on the bonds vs. equities debate

Jeremy makes the excellent point, which I did not cover in my columns, that the sequencing of risk or volatility can be a more important influence over retirement outcomes than differences in long-term average returns. I made a lot of fuss about volatility differentials, but not the timing of this risk, which is Jeremy's contribution. Really glad to see the Australian Financial Review running it. You can read it here.
at 7:08 AM