Why Gurus are Wrong, Why Banks Dislike Plain Language, Why Affluent Investors Flee to Cash

Private Banking & Wealth Management

Are market gurus good market forecasters?  (CXO Advisory)

Why banks don’t write in plain language (Reuters / Felix Salmon)

US: Affluent investors flee into cash (WSJ Wealth Report)

Family matters

US: tax deal would benefit old money families. (Philadelphia Inquirer)

How wealthy is Kate Middleton’s family? (This Is Money)

Tax and legal

The envy plan: First tax the “rich” (UnionLeader)

Greece urged to tax the rich (FT)

Life of luxury & philanthropy

Charitable gift ideas (New York Times)

Hotels offer better deals on expensive suites (USA Today)

Top Gear: Luxury car of the year is Jaguar XJ (SellCar)