Tim Harford

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Tim Harford is a member of the Financial Times editorial board. His column, “The Undercover Economist”, which reveals the economic ideas behind everyday experiences, is published in the Financial Times and syndicated around the world. He is also the only economist in the world to run a problem page, “Dear Economist”, in which FT readers’ personal problems are answered tongue-in-cheek with the latest economic theory.

--from the author's website

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Recently a loyal reader emailed me with a disarmingly simple question: is it better to invest small amounts every month, or in a large lump sum? What seems a narrow topic has broader implications.


The popular argument in favour of regular investment into shares — often called “cost averaging” — has been made by retail investment advisers many times. “Take advantage of their downs as...

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Published on November 16, 2018 04:29 • 51 views
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Tim Harford wrote a new blog post
Recently a loyal reader emailed me with a disarmingly simple question: is it better to invest small amounts every month, or in a large lump sum? Wh... Read more of this blog post »
More of Tim's books…
“Pluralism matters because life is not worth living without new experiences - new people, new places, new challenges. But discipline matters too; we cannot simply treat life as a psychedelic trip through a series of novel sensations.”
Tim Harford, Adapt: Why Success Always Starts with Failure

“There is much more to life than what gets measured in accounts. Even economists know that.”
Tim Harford, The Undercover Economist

“Accepting trial and error means accepting error. It means taking problems in our stride when a decision doesn't work out, whether through luck or misjudgment. And that is not something human brains seem to be able to do without a struggle.”
Tim Harford, Adapt: Why Success Always Starts with Failure




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