Numbers can only tell you so much

Numbers can only tell you so much

‘A good decision is based on knowledge and not on numbers’ – Plato A few days ago, a friend of mine making their way in the investment industry, asked for some advice about a job opportunity, where a company picking their investments via mathematical methods,...
Two exits, five adds and a caffeine high!

Two exits, five adds and a caffeine high!

‘Widespread caffeine use explains a lot about the twentieth century’ – Greg Egan Back to school this week and so time for a little portfolio cleaning…which is the hardest part of investment management by far.  The reason for this is quite clear: because...
Thinking time

Thinking time

‘Thinking: the talking of the soul with itself’ – Plato Last week we referred to three T’s: Turkey, Tesla and turmoil.  Few of the issues around these three factors have gone away, but I would expect these three T’s collectively to make far fewer headlines over...
August is a Wicked Month

August is a Wicked Month

It is 53 years since Edna O’Brien published her harrowing novel ‘August is a Wicked Month’ and I have borrowed the title several times over the years. As this month claims more and more casualties it seems appropriate to do so again. My colleague Chris Bailey, CIO of...