7 February 2019
ruffer investment review
Outrageous fortune
“Isn’t it funny when you walk into an investment firm and you see all of the financial advisers watching CNBC ? That gives me the same feeling of confidence I would have if I walked into the Mayo clinic or Sloan Kettering and all the medical staff were watching General Hospital.” - A senior portfolio manager.
31 January 2019
investment company in uk
Hire Harry Markopolos
The first principle is that you must not fool yourself – and you are the easiest person to fool.
25 January 2019
ruffer absolute return fund
Is it a game ? Or is it real ?
“When human traders show a loss, they search for scapegoats. Perhaps the only real difference between algorithms and humans is that the computers do not blame homo sapiens when they lose money.” - Daniel Mauro, Chief Investment Officer, Army Capital, Chicago, The Financial Times, 24th January 2019.
18 January 2019
ftse 250
Home country bias
“A group of Leave supporters standing in the shadow of Westminster Abbey insisted that God was opposed to the EU. A man on a stepladder preached that the Bible – specifically Deuteronomy Chapter 28 verses 1 to 14 – expressed the almighty’s distaste for governance units larger than the nation state.” - Robert Wright, ‘Parliamentary divisions spill over on to pavement’, The Financial Times, 16 January 2019.