Serious investment thinking that doesn’t take itself too seriously.
In the last Property Chronicle, we considered a simple conceptual framework for assessing market mispricing. This involved comparing the market cap rate (K) with a cap rate derived from our analysis of its components. The latter comprise a nominal risk free rate (RFRN), a risk premium (RP), and...
Energy expert Q&A. While thermometers have been well into the red across the northern hemisphere, people are panicking about the cost of energy bills once winter starts to...
Welcome to a slightly delayed 2022 half-year review of the UK Dividend Stocks Portfolio. My original plan was to review the portfolio in July, but work (mostly a slew...
Keen sport watchers will have witnessed the use of ‘head-fakes’ to deceive an unsuspecting opponent. Indeed, the phrase is used generally to describe not only using a fake move...
The Bank of England (BoE) projects the UK will 'enter recession from Q4'. I will only accept we are heading into recession if the OBR says so when it next updates us in...
Up to 8% of all global anthropogenic human-made emissions are due to just one material, cement. And our use of it is rising. The cement and concrete industry is encouraging this...
If all of the vehicles in the world were to convert to electric, would it be quieter? – Joseph, age 10, Chatham, New Jersey If everyone everywhere received a free electric...
It’s going to be easier to get on the property ladder following a recent decision by the Bank of England to relax some of the criteria for getting a mortgage. Combined with...
We’re in the middle of a remote working revolution. In the UK, though remote working was slowly growing before the pandemic, in 2020 the number of people working from home...
The cost of living crisis is a key issue for the Conservative leadership candidates hoping to become the next prime minister of the UK. But the taxation strategies suggested by...