If the consultation on increasing the speed limit goes ahead, we will presumably get figures for both an expected increase in GDP, and expected increase in road deaths. Assuming the consultation gives recommendations that are implemented, this gives an implied value for a human life, or at least sets a maximum bound on its minimum cost.
It’s a common observation that tracker funds outperform managed funds over the long term. The charges levied on managed funds to support their staff are substantial, and make the effective return lower.
What about the underlying portfolios, though? Do any of them outperform the market in the long run (i.e. in a statistically significant manner)?
“Sponsor a colleague and [we] will double match your donation – £2 for £1”; “Volunteer with a charity in your own time and [we] will ‘time-match‘ with a cash donation to the charity up to the value of £1, 200 p.a.”
Just listened to The World This Weekend on R4. The presenter talked about bubbles, speaking particularly about gold, and said something along the lines of, “The price of gold is much higher than its value”.
If you think that an asset is overpriced, I assume you mean that future cash flows…
An article on the BBC site discusses the long term impact of the current financial crisis, if the economy keeps growing at 2.2% per year. In short, the the economy grows its way to far more wealth, and the current situation is just a small bump on the road.
But when you start by assuming 2.2% pa growth forever, what does…