Serious investment thinking that doesn’t take itself too seriously.
The capital allocators examine trends in the sector
Thank goodness sense has prevailed and the Government has withdrawn its ridiculous attempt to take the non-executives overseeing Carillion to court for alleged failures. Carillion failed ignominiously and it was no-one’s finest hour, so it was right that serious questions were asked about how that...
Rio Tinto's shareholders are probably very happy. Thanks to significantly higher prices for its core products of iron ore, aluminium and copper, the company's 2021 dividend comes...
(and what can you do about it). Inflation is expected to exceed 10% later this year and could stay above 5% through 2023, 2024 and perhaps even longer. And that may be...
The rise of big tech stocks has been more about valuation than profits. Originally published January 2022. Ruffer LLP A bubble in profitless tech and so called ‘meme’ stocks may...
British American Tobacco (BAT) has been out of favour with investors since 2017 when its shares reached a record-high price of more than £56. Over the next five years, BAT’s...
In the depths of addiction nothing else matters. The pursuit is focused, relentless and uncompromising – dismissive of any potential consequences. So what happens when the...
Bust or buying opportunity? In the new territories north of Hong Kong, a vast and lavish property development was planned: a wetlands restoration, hundreds of luxury townhouses,...
FTSE ST Real Estate Investment Trusts (FTSE ST REIT Index) increased from 827.88 to 864.41 (4.41%) compared to the last month update. The Singapore REIT index rebounded off from...
Do conventional bonds still deserve a place in portfolios? Total return on 10-year US Treasuries, adjusted for US CPI inflation % Global Financial Data, Refinitiv, US Bureau of...
In June 2020, after 80 days of complete ‘confinement’, I wrote a piece about the “Coronavirus Time Machine”. Inspired by too much lockdown Netflix, the imaginary construct was...