The online Oxford dictionary defines guerilla as: 'A member of a small, independent group taking part in irregular fighting, typically against larger, regular forces.'
For guerilla finance, the larger, regular forces are institutional money managers, whose services are not fit for purpose. The next post will offer some more detailed thoughts on why it has become necessary to campaign against the majority of money managers and what has gone wrong.
Most of us need to invest, even if it's just the small amount we contribute monthly to a company pension. Most of us also think that investing is 'boring', and we are led to believe that money managers are 'smart' (the reason, we are told, they earn so much money). So we don't take much interest and leave them to get on with it.
The truth is, part of the problem with 'Bankers' is not just about the 1%, it's about us. By not taking an interest in what they are doing with out money, we have failed to hold them to account, and should not be surprised when they go rogue. If you don't keep an eye on the inmates, they will start running the asylum.
Having said that, even if you do take an interest it can still be hard to spot the good guys – money managers are not stupid and they do a good job at disguising their ineptitude. It is easy to give your hard-earned savings to the wrong people.
The purpose of this website is to consider a better way of investing – from basic overall strategy to looking at the minority of (mostly) small, independent money managers who appear to actually give a damn about their clients. It will attempt to do this with clarity, common sense and a minimum of jargon.
It will also look at more esoteric areas of investment such as smaller Asian countries or hedge funds, and the best way of investing in them.
doing something different
'it is impossible to produce a superior performance unless you do something different from the majority' sir john templeton