Independent

Independent

Last week I had the pleasure of spending a week in Scotland.  After the last 15 months we’ve had, it highlighted the importance of having a proper break to switch off and recharge the batteries.  On the way home from Scotland heading down the M6, we wanted to stop for...
How do you define success?

How do you define success?

Being a Leicester City football fan is a rollercoaster.  Since I started supporting them in the early 1990s, we’ve been relegated or promoted nine times, won the Premier League, Championship and League 1 (the top three divisions), the FA Cup and the League Cup (twice)...
Efficient markets

Efficient markets

  This week our portfolios have had a tough time.  According to Nobel Prize winner Eugene Fama, markets are efficient and reflect all available information.  Therefore, the move in prices we’ve seen this week are rational.  In my opinion, trying to understand the...
ESL and ESG

ESL and ESG

I’m a season ticket holder at Leicester City and despite having a successful last few years and winning the Premier League in 2016, thankfully my club was not considered to be ‘big’ enough to be included in the horrendously badly conceived idea that is/was the...
Known knowns

Known knowns

  Donald Rumsfeld is unlikely to be remembered as a great Secretary of Defense for the US, however he probably will be remembered for his comments regarding known knowns.  He was being questioned in respect of weapons of mass destruction in Iraq and commented:  “there...