From economics and finance to psychology and politics, investing is a complex and baffling business. This blog aims to make it clearer, charting a path through the maze of noise and confusion.

 

If you find our insights useful, hit the button to join our mailing list.

 

Subscribe

 

Archived posts

The Beautiful Game
September 8, 2017

The start of the football season has got me thinking about the language that is routinely used in the financial…

It’s Skynet for some
August 30, 2017

There is one word that is overused by investors today – “disruption”. In fact disruption has been with us since…

Golden nuggets
July 12, 2017

In my previous post, I outlined my framework for investing in gold equities, highlighting the critical importance of ensuring a…

Gold - it's marmite for investors
June 27, 2017

At one extreme, I know investors who have their entire portfolios invested in a combination of gold, gold equities and…

How can a value investor buy into technological innovation?
June 7, 2017

In a world where Google is a verb and Amazon web services has nothing to do with spiders in the…

An interesting company, but is it an interesting investment? The sequel...
May 8, 2017

In the blog post titled ‘an interesting company, but is it an interesting investment’, I discussed the difficulty in justifying…

Shut up shop
April 20, 2017

Research findings out today show that 896 stores disappeared from Britain’s town centres in 20161. On average, between 14 and…

Mr Market is smiling on consumer staples. For now.
April 11, 2017

Warren Buffet famously described companies that “buy commodities and sell brands” as the sort of business model in which he…

A sign of the times...
March 6, 2017

Would you pay a premium for financial leverage? For most of my career – barring a short period before the…

Re-lever Unilever?
February 23, 2017

Hats off to the Unilever Board for rejecting out of hand the recent takeover approach from Kraft-Heinz. Aside from the…

The curse of the UK
February 20, 2017

2016 was certainly a peculiar year for the UK stock market. Despite finishing with a fairly healthy overall return (in…

Has Tesco won the Booker price? Weighing more M&A
February 7, 2017

In my last blog, Weighing up M&A, I talked about how the stock market’s initial reaction to takeover deals can…