A new initiative for Capital Novation

I've been doing some thinking about the situation we find ourselves in. I had originally designed this blog as a commentary on headlines and emerging trends in capital markets and business. I intend to keep that as my main focus, but I think it's time to expand the agenda.

Yes, there are many "exciting" headlines, but I've become concerned at how the severity of this crisis is impacting the wealth of so many ordinary citizens. People who have worked hard and saved are seeing their capital eroded, in large part due to poor advice and simplistic "investment ideas" touted in the media.

How do you manage your portfolio in this new world we find ourselves in? What assumptions still hold, and what "theories" have been shown to be wishful thinking? Starting this week, I will add "Core concept" posting each week on this topic- to help you adapt your investment thinking to these circumstances.

Of course, I can't offer individual advice - but what I will try and do is help you look at the investment world from a different perspective. The end decisions are always your own, but I'll give you a different angle from which to look at things.

Why this new initiative? One of my favourite academics is Robert Shiller. Whatever you may think of his economic theories, he made a brilliant point that citizens need some truly independent (i.e. not sales commission-based) advice to help them make sensible investment choices. Sadly none of the TARP billions have been committed to that great idea. So I'm donating my own time in order to plug that gap, albeit at a very modest level.

My first "Core Concept" item will be online this weekend, but feel free comment with any areas of investment that you would find useful to look into.