A slow death
“There’s always something to do.” The late Peter Cundill, philanthropist and value investor. A happy new year to all readers ! Having…
Close to the edge
“Look at it this way. In 100 years, who’s gonna care ?” Nancy, waitress, in ‘The Terminator’ (screenplay by James Cameron and Gale…
For god’s sake, stop!
“Most economists, it seems, believe strongly in their own superior intelligence and take themselves far too seriously. In his open letter of 22 July…
Altmann scores
“Black cab drivers to revel in victory over Uber for centuries to come” Headline from The Daily Mash. Baroness Ros Altmann could fairly…
Deafblind
“Most economists, it seems, believe strongly in their own superior intelligence and take themselves far too seriously. In his open letter of 22 July…
Maths versus magic
“Think of how stupid the average person is, and realize half of them are stupider than that.” George Carlin. If investors were…
Boom
“Facts do not cease to exist because they are ignored.” Aldous Huxley. There’s a telling quotation in Howard Marks’ latest memo to…
Popularity is overrated
“Remember what has happened. In an unnecessary referendum, a small majority chose an option they could not understand, because it had not been worked…
Borrowed time
“Remainers who wish to reverse the vote should go live in a banana republic, where reversing undesired vote outcomes is de rigueur.” Tweet from…
Breaking the chain
“Wherever there’s injustice, oppression and suffering, America will show up six months late and bomb the country next to where it’s happening.” From Give…