What can lettuce and a ’90s sitcom tell us about markets?
In a classic episode of 1990’s sitcom Seinfeld, one of the main characters, George Constanza, finds himself in a quandary: the fantastic new woman he has started dating gets diagnosed with mono, and is thus temporarily unable to take their romantic relationship to the next level. Somehow, as a result of this personal frustration, George […]
Watch: James Johnstone at PA Autumn Congress
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Watch: Opportunities in Next Generation Emerging Markets with Victor Erch
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Watch: Three key investable themes in life-changing treatments
Peter Hughes, Portfolio Manager, discusses the multi-decade growth opportunity in the global health market, focusing on driving meaningful opportunities for investors and putting patients first. Identifying three key investable themes in life-changing treatments and global health priorities within those, Peter highlights being patient focused first and foremost and delves deeper into: Life-changing drugs Health system […]
Why cash is (still) not king
Cash is finally worth talking about. Almost two decades of considerable accommodative policy have handed cash a woeful reputation, but despite inflation being still too high for comfort, cash in various parts of the world is managing to offer a real return – but is this really the return of the king? % Cash Yield […]
Another one bites the dust…
The famous Queen song was part of their 1980 album, The Game. It feels a fitting anthem for the way FTSE 100 CEOs are falling in 2023, and how c-suite positions can also be seen as part of a game. The FT reported in mid-September that with already 18 departures this was the second highest […]
It’s not wetting rain…
The Inuit people are said to have 50 words for snow, and in Ireland, we potentially have as many ways of describing rain. On the south-west coast, where I grew up, it rains on average 242 days of the year… It often felt like more. The same source says even the driest month, June, on […]
One foot hurdles
A trip to the supermarket is not a typical way to build wealth. A trip to the supermarket in Neptune Beach, Florida, however, seems to have been just the ticket for one lucky shopper last month, who won one of the largest US lottery prizes in history, scooping a cool $1.58bn (yes, with a “b”) […]
FOMO? No fear here!
If you take a look at our portfolio, something may seem intriguing, maybe even somewhat ludicrous to some – there is no sign of any of the ‘Magnificent Seven’. This is no mistake, not a case of kicking ourselves that we did not catch the rally sooner; there is just no scope for holding these […]
When there is blood in the streets…
In only two generations, the Rothschild family grew their lending operations from their home table in the Frankfurt ghetto into the largest banking enterprise in the world, lending to princes and governments, and sitting at the centre of European commerce. It is no wonder, then, that many investing aphorisms were attributed to the five brothers, […]