Serious investment thinking that doesn’t take itself too seriously.

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Fields of least resistance

Fields of least resistance

So, I sit in my tiny garden on a sunny Sunday in reflective mood wondering what on earth is happening to our towns and cities in the race to achieve impossible housing targets. Two cities close to my own heart, Exeter and Winchester, are suffering such that the green...
Basement wars

Basement wars

Anyone who has visited the below ground troglodyte houses of Cappadocia, a region of central Turkey, knows that these ancient habitations are as impressive as they are unusual. They are mostly cut out of the rock face of a steep mountain. They offer very good thermal...