Air Liquide: more than just hot air!

Air Liquide: more than just hot air!

One of the least high profile growth sectors in the world is the industrial gases sector, possibly as befits a substance that you may be able to smell but often cannot see. Across technology, healthcare and industry applications there are few sub-sectors that are not...
Maths and the markets

Maths and the markets

‘Do not worry about your difficulties in Mathematics. I can assure you mine are still greater’ – Albert Einstein After last week’s biggest positive performance week for the S&P 500 since January 2013 there is a tentative feeling of ‘back to the norms...
After the flood

After the flood

‘While the Bible’s account of the flood is one of judgment, it is also one of mercy and salvation’ – Ken Ham Judging by the range of headlines the world’s financial press unleashed upon their readers during the last ten days, falls in global financial...
Our current favourite investment themes

Our current favourite investment themes

‘If there were only one truth, you couldn’t paint a hundred canvases on the same theme’ – Pablo Picasso One of the big challenges with putting together an investment portfolio is the sheer choice out there of consitituents – even worse when (like...
We don’t need to believe in a melt-up

We don’t need to believe in a melt-up

‘More money has been lost because of four words than at the point of a gun. Those words are “This time is different” ‘ – Carmen M. Reinhart Happy New Year to all readers…and judging by the enthusiastic response of the world’s equity markets in the first...