The Glow in the Fee: Andreoni’s 1990 Warm-Glow Theory, Riedl and Smeets’s 2017 Evidence from Socially Responsible Fund Owners, and Why the Long-Term Equity Investor Must Itemise What a Value Costs Before He Forecasts What It Returns

Navy editorial graphic of an itemised receipt: conventional equity fund 1.50 per cent, socially responsible equity fund 2.20 per cent, price of the feeling 0.70 points a year, with the words the feeling is a purchase

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Manish Goel, FCA

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The Glow in the Fee: Andreoni’s 1990 Warm-Glow Theory, Riedl and Smeets’s 2017 Evidence from Socially Responsible Fund Owners, and Why the Long-Term Equity Investor Must Itemise What a Value Costs Before He Forecasts What It Returns

More posts

The Half-Life of Facts: Burton and Kebler’s 1960 Borrowed Metaphor, Poynard’s Forty-Five-Year Measurement of Clinical Truth, and Why the Long-Term Equity Investor Dates Every Input to a Thesis

Hanlon’s Razor: Bloch’s 1980 Printing of an Older Warning, the Arithmetic of Intent and Error, and Why the Long-Term Equity Investor Writes the Tripwire Before the Surprise

Occam’s Razor: Ockham’s Fourteenth-Century Rule of Parsimony, the Bayesian and Predictive Case for It, and Why the Long-Term Equity Investor Counts the Assumptions in a Thesis

The Stockdale Paradox: Collins’s 2001 Name for Faith in the End and Honesty About the Present, and Why the Long-Term Equity Investor Needs Both Without a Date Attached