3 December 2019
chairman of the federal reserve
The Emperor’s Old Clothes
An investor is behaving apophatically if he is expressing macro-economic concerns by avoidance rather than specifically betting on a seemingly inevitable outcome.
27 November 2019
ruffer investment trust
Red Scare
“The problem with socialism is that you eventually run out of other people's money.” ― Margaret Thatcher
20 November 2019
pimco total return fund
Panic on the streets of London
“Looking forward to Corbyn vs Johnson in the same way I’d savour the two strangest kids at school having a punch-up.” - Tweet by Geoff Norcott (@GeoffNorcott), 19 November 2019.
13 November 2019
russell napier inflation
The Final Battle
“Faced with the choice between changing one's mind and proving that there is no need to do so, almost everyone gets busy on the proof.”