30 August 2021
value fund
The Year the Earth stood still
“So, first of all, let me assert my firm belief that the only thing we have to fear is.. fear itself — nameless, unreasoning, unjustified terror which paralyzes needed efforts to convert retreat into advance..” - From the first inauguration of Franklin D. Roosevelt as the 32nd President of the United States, Saturday, 4th March, 1933.
23 August 2021
hedge fund uk
Trustbusters
“The man who reads nothing at all is better educated than the man who reads nothing but newspapers.” - Thomas Jefferson. “Myth is much more important and true than history. History is just journalism and you know how reliable that is.” - Joseph Campbell.
17 August 2021
uk investment opportunities
On pain of death
“Central bankers control the price of money and therefore indirectly influence every market in the world. Given this immense power, the ideal central banker would be humble, cautious and deferential to market signals. Instead, modern central bankers are both bold and arrogant in their efforts to bend markets to their will. Top-down central planning, dictating resource allocation and industrial output based on supposedly superior knowledge of needs and wants, is an impulse that has infected political players throughout history. It is both ironic and tragic that Western central banks have embraced central planning with gusto in the early twenty-first century, not long after the Soviet Union and Communist China abandoned it in the late twentieth. The Soviet Union and Communist China engaged in extreme central planning over the world’s two largest countries and one-third of the world’s population for more than one hundred years combined. The result was a conspicuous and dismal failure. Today’s central planners, especially the Federal Reserve, will encounter the same failure in time. The open issues are, when and at what cost to society ?” - James Rickards, The death of money: the coming collapse of the international monetary system, 2014.
9 August 2021
smarter investing
Suicide Squad
“This is not some game. You get noticed, and that gets us noticed. And us being noticed gets us all shot.” - Josef Gabčík (Cillian Murphy), in Sean Ellis’ 2016 film Anthropoid.