The Latest on Equities, Bonds, Economics, Behavioural Investing, Climate Change & More

Aug 31, 20172 min read

The Case for UK Growth

In his 1992 Chairman’s Letter, Warren Buffett wrote that the investment approaches ‘value’ and ‘growth’ are “joined at the hip”. In many...

Jul 31, 20173 min read

The concept of ‘intrinsic value’ is at the heart of Benjamin Graham and David Dodd’s 1934 framework that would later be known as ‘value...

Nov 1, 20164 min read

Here’s an interesting question: do the low or negative long-term real interest rates that prevail around the world signify a bleak...

Jul 31, 20163 min read

I have a proposal for the British government. It’s not complicated: sell vast quantities of 50-year debt and buy vast quantities of UK...

An update on where I think we are in the business cycle with respect to growth, inflation and markets

Data is too often presented in an unfair, unclear and misleading way

Liontrust's John Husselbee's arguments in support of balanced funds are lame