CHASING PERFORMANCE

Because normal, capitalization-weighted indexes are overperforming, they are becoming more popular than smart beta ETFs. The performance of capitalization-weighted indexes is typically determined by the…

MY TIME MACHINE, THE LOAN

A surprising quote, especially because I did not find it in the Camel Shepherd, but in the Time magazine. I remember, as a college student,…

Convergence of the East

The desire to catch up with Western living standards is an open secret among the post-socialist states of Europe. Currently, the Hungarian economy enjoys all…

’THE EVERYTHING BUBBLE’

After the ‘Dotcom bubble’ of 2000 and the 2008 ‘credit bubble’, the new name that has been spreading is the 2017 ‘Everything bubble’. It is…

Man of steel

The leader of the free world, who prefers to communicate his outbursts on Twitter, once again sent shockwaves trough the networks of global politics. At…

Is Budapest expensive?

An interesting figure was published on Bloomberg showing where Londoners might potentially go after Brexit. This figure shows how expensive accommodation is compared to wages in…

Economics finally opens to reality?

Probably. Richard H. Thaler, a leading figure in the field of behavioural economics emphasizing the limitations of rationality, was the recipient of the Nobel Memorial…