{"id":14022,"date":"2016-08-23T18:37:21","date_gmt":"2016-08-23T22:37:21","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=14022"},"modified":"2016-08-23T18:37:21","modified_gmt":"2016-08-23T22:37:21","slug":"uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/","title":{"rendered":"UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;"},"content":{"rendered":"<p><a href=\"http:\/\/www.theage.com.au\/business\/cbd\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours-20160823-gqywih.html?promote_channel=edmail&amp;mbnr=MTQyOTU1Nzk\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg?w=525&#038;ssl=1\" alt=\"\" \/><\/a><\/p>\n<p>Colin Kruger, CBD:<\/p>\n<blockquote><p>One of Britain&#8217;s most respected investors, Neil Woodford, has scrapped staff bonuses at his investment group, saying it has proved to be  &#8220;largely ineffective&#8221; which can lead to &#8220;wrong behaviours&#8221; by staff. <\/p>\n<p>&#8220;There is little correlation between bonus and performance, and this is backed by widespread academic evidence,&#8221; said the firm&#8217;s chief executive Craig Newman.<\/p>\n<p>The academic evidence directly cited by the group was even more damning. &#8220;Financial incentives are often counterproductive as they encourage gaming, fraud and other dysfunctional behaviours that damage the reputation and culture of the organisation,&#8221; said an extract from The Journal of Corporation Law. &#8220;They produce the misleading assumption that most people are selfish and self-interested, which in turn erodes trust.&#8221;<\/p><\/blockquote>\n<p>I hope we see more of this. Large corporations need to wake up to the fact that bonuses are counter-productive. Not only do they encourage &#8220;wrong behaviors&#8221; among company executives, they also destroy trust within the organization and with shareholders and the public. Share options are simply a variation on the same theme.<\/p>\n<p>Rather encourage staff to become shareholders, with low-interest loans linked to a clause that prevents sale of the shares for a minimum of 5 to 10 years. That gives employees some skin in the game and aligns their interests with shareholders.  <\/p>\n<p>Source: <a href=\"http:\/\/www.smh.com.au\/business\/cbd\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours-20160823-gqywih.html\">UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Colin Kruger, CBD: One of Britain&#8217;s most respected investors, Neil Woodford, has scrapped staff bonuses at his investment group, saying it has proved to be &#8220;largely ineffective&#8221; which can lead to &#8220;wrong behaviours&#8221; by staff. &#8220;There is little correlation between bonus and performance, and this is backed by widespread academic evidence,&#8221; said the firm&#8217;s chief &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57],"tags":[],"class_list":["post-14022","post","type-post","status-publish","format-standard","hentry","category-stock-markets"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UK investor Neil Woodford scraps bonuses as it leads to &#039;wrong behaviours&#039; - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UK investor Neil Woodford scraps bonuses as it leads to &#039;wrong behaviours&#039; - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Colin Kruger, CBD: One of Britain&#8217;s most respected investors, Neil Woodford, has scrapped staff bonuses at his investment group, saying it has proved to be &#8220;largely ineffective&#8221; which can lead to &#8220;wrong behaviours&#8221; by staff. &#8220;There is little correlation between bonus and performance, and this is backed by widespread academic evidence,&#8221; said the firm&#8217;s chief &hellip; Continue reading &quot;UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:published_time\" content=\"2016-08-23T22:37:21+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg\" \/>\n<meta name=\"author\" content=\"ColinTwiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ColinTwiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/\"},\"author\":{\"name\":\"ColinTwiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\"},\"headline\":\"UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;\",\"datePublished\":\"2016-08-23T22:37:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/\"},\"wordCount\":236,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg\",\"articleSection\":[\"Stock Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/\",\"name\":\"UK investor Neil Woodford scraps bonuses as it leads to 'wrong behaviours' - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg\",\"datePublished\":\"2016-08-23T22:37:21+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg?fit=620%2C349&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg?fit=620%2C349&ssl=1\",\"width\":620,\"height\":349},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. Strategic. Unfiltered. \",\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/thepatientinvestor.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\",\"name\":\"The Patient Investor Pty Ltd\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1\",\"width\":250,\"height\":250,\"caption\":\"The Patient Investor Pty Ltd\"},\"image\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\",\"https:\/\/www.instagram.com\/colin_thepatientinvestor\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5\",\"name\":\"ColinTwiggs\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g\",\"caption\":\"ColinTwiggs\"},\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"UK investor Neil Woodford scraps bonuses as it leads to 'wrong behaviours' - the patient investor","robots":{"index":"noindex","follow":"follow"},"og_locale":"en_US","og_type":"article","og_title":"UK investor Neil Woodford scraps bonuses as it leads to 'wrong behaviours' - the patient investor","og_description":"Colin Kruger, CBD: One of Britain&#8217;s most respected investors, Neil Woodford, has scrapped staff bonuses at his investment group, saying it has proved to be &#8220;largely ineffective&#8221; which can lead to &#8220;wrong behaviours&#8221; by staff. &#8220;There is little correlation between bonus and performance, and this is backed by widespread academic evidence,&#8221; said the firm&#8217;s chief &hellip; Continue reading \"UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;\"","og_url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/","og_site_name":"the patient investor","article_publisher":"https:\/\/www.facebook.com\/profile.php?id=61572934660810","article_published_time":"2016-08-23T22:37:21+00:00","og_image":[{"url":"http:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg","type":"","width":"","height":""}],"author":"ColinTwiggs","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ColinTwiggs","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#article","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/"},"author":{"name":"ColinTwiggs","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5"},"headline":"UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;","datePublished":"2016-08-23T22:37:21+00:00","mainEntityOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/"},"wordCount":236,"commentCount":0,"publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage"},"thumbnailUrl":"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg","articleSection":["Stock Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/","url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/","name":"UK investor Neil Woodford scraps bonuses as it leads to 'wrong behaviours' - the patient investor","isPartOf":{"@id":"https:\/\/thepatientinvestor.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage"},"image":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage"},"thumbnailUrl":"https:\/\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg","datePublished":"2016-08-23T22:37:21+00:00","breadcrumb":{"@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#primaryimage","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg?fit=620%2C349&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/08\/1471616101070.jpg?fit=620%2C349&ssl=1","width":620,"height":349},{"@type":"BreadcrumbList","@id":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/23\/uk-investor-neil-woodford-scraps-bonuses-as-it-leads-to-wrong-behaviours\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/thepatientinvestor.com\/"},{"@type":"ListItem","position":2,"name":"UK investor Neil Woodford scraps bonuses as it leads to &#8216;wrong behaviours&#8217;"}]},{"@type":"WebSite","@id":"https:\/\/thepatientinvestor.com\/#website","url":"https:\/\/thepatientinvestor.com\/","name":"The Patient Investor","description":"Smart. Strategic. Unfiltered. ","publisher":{"@id":"https:\/\/thepatientinvestor.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/thepatientinvestor.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/thepatientinvestor.com\/#organization","name":"The Patient Investor Pty Ltd","url":"https:\/\/thepatientinvestor.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/","url":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","contentUrl":"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2026\/03\/cropped-cropped-patience-bg-1-inverted-400x400-1.png?fit=250%2C250&ssl=1","width":250,"height":250,"caption":"The Patient Investor Pty Ltd"},"image":{"@id":"https:\/\/thepatientinvestor.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/profile.php?id=61572934660810","https:\/\/www.instagram.com\/colin_thepatientinvestor"]},{"@type":"Person","@id":"https:\/\/thepatientinvestor.com\/#\/schema\/person\/cb072791ac83e8bae585007c133d54a5","name":"ColinTwiggs","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/876c4d990bb2af282291d5f3ff81533c6deccc0c607846086647ca3272fac0ca?s=96&d=mm&r=g","caption":"ColinTwiggs"},"url":"https:\/\/thepatientinvestor.com\/index.php\/author\/colin58s\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p9tQ4n-3Ea","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":9429,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/09\/income-inequality-ask-the-wrong-question-and-you-will-get-the-wrong-answer\/","url_meta":{"origin":14022,"position":0},"title":"Income inequality: Ask the wrong question, get the wrong answer","author":"ColinTwiggs","date":"March 9, 2014","format":false,"excerpt":"John Mauldin writes That income inequality stifles growth is not simply the idea of two economists in St. Louis. It is a widely held view that pervades almost the entire academic economics establishment. Nobel prize-winning economist Joseph Stiglitz has been pushing such an idea for some time (along with Paul\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7058,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/asic-high-frequency-trading-taskforce-key-findings\/","url_meta":{"origin":14022,"position":1},"title":"ASIC: High-frequency trading taskforce\u2014Key findings","author":"Colin Twiggs","date":"March 18, 2013","format":false,"excerpt":"Findings of the recent ASIC investigation into dark liquidity and high-frequency trading. The high-frequency trading taskforce found that: (a) some of the commonly held negative perceptions about high-frequency trading are not supported by our analysis of Australian markets\u2014for example: (i) that high-frequency traders exhibit unacceptably high order-to-trade ratios. Increases in\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24536,"url":"https:\/\/thepatientinvestor.com\/index.php\/2021\/03\/12\/what-silver-squeeze\/","url_meta":{"origin":14022,"position":2},"title":"What Silver squeeze?","author":"Colin Twiggs","date":"March 12, 2021","format":false,"excerpt":"Neil Meader, Managing Director of Gold and Silver at commodities specialist, Metals Focus, discusses the short squeeze in Silver and the potential for Platinum group metals. The size of the Silver market is a lot bigger than say Gamestop. Reported inventories (RI) are almost $40 billion. And, from his perspective,\u2026","rel":"","context":"In &quot;Gold &amp; Precious Metals&quot;","block_context":{"text":"Gold &amp; Precious Metals","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/gold-precious-metals\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/2LKcWSf5L9U\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":10987,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/25\/what-if-everything-you-know-about-terrorism-is-wrong-the-xx-committee\/","url_meta":{"origin":14022,"position":3},"title":"What If Everything You Know About Terrorism Is Wrong? | The XX Committee","author":"ColinTwiggs","date":"September 25, 2014","format":false,"excerpt":"Great insight into the murky relationship between various government intelligence services and terrorist groups. This goes far beyond provision of weapons and money and includes founding and direction of some terrorist groups which act as covert arms of the intelligence service while providing the sponsoring state with \"plausible deniability\". ...One\u2026","rel":"","context":"In &quot;Middle East&quot;","block_context":{"text":"Middle East","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/middle-east\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13933,"url":"https:\/\/thepatientinvestor.com\/index.php\/2016\/08\/09\/asic-review-of-investment-banks-shows-poor-practice\/","url_meta":{"origin":14022,"position":4},"title":"ASIC review of investment banks shows poor practice","author":"ColinTwiggs","date":"August 9, 2016","format":false,"excerpt":"From Sarah Danckert: The ASIC review of investments banks found that not only do the heavyweights of Australia's financial system have difficulty in managing their conflicts of interest they also financially reward staff for potentially conflicted behaviour. .....So ugly is the result the Australian Securities and Investments Commission has warned\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38211,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/10\/18\/magellan-financial-group-mfg-3\/","url_meta":{"origin":14022,"position":5},"title":"Magellan Financial Group (MFG)","author":"Colin Twiggs","date":"October 18, 2022","format":false,"excerpt":"Stock: Magellan Financial Group Exchange: ASX Symbol: MFG Date: 18-Oct-22 Latest price: A$11.18 Market Cap: $2.05 bn Fair Value: A$19.69 Forward DY: 16.01% Payback (Years): 11 Financial Y\/E: 30-Jun-23 Rating: HOLD Sector: Financial Industry: Capital Markets Investment Theme: Dividends & Growth Macro Trends: - Summary Magellan (MFG) is trading at\u2026","rel":"","context":"In &quot;Australian Growth&quot;","block_context":{"text":"Australian Growth","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/investment-allocation\/asx-growth\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=14022"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14022\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=14022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=14022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=14022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}