Investment Special: Contrarianism pays
When pessimism prevails, it’s probably time to buy If one thing puzzles private investors more than anything else, it is the extraordinary capacity of the stock market to move in ways that appear to...
View ArticleProfit among the ruins
The place to look for investment bargains, said the fund manager Sir John Templeton, is not where the news is good, but where it is really bad. Today that means looking for advantage amid the...
View ArticleMarkets love lame ducks
Next week’s too-close-to-call US presidential election must make a big difference to the way stock and bond markets perform over the next few years — or so you might think. Yet experience suggests that...
View ArticleSpringtime for stockbrokers
You know you’re in a bull market when bad news is simply shrugged aside and even the most indifferent events are greeted exuberantly. The result of February’s Italian general election, which drags the...
View ArticleInterview: Economic vandalism
As both P.G. Wodehouse and the recent referendum reminded us, it is never difficult to distinguish between a Scotsman with a grievance and a ray of sunshine. But it is not hard to warm to Bruce Stout,...
View ArticleInterview: ‘The world is a very difficult place’
It’s quite rare to come across successful professionals lobbing grenades at the industry that has brought them fame and fortune. When did you last hear a ‘magic circle’ City lawyer or a bulge-bracket...
View ArticleThe self-confessed optimist
Interviewing James Anderson is a lot more refreshing than grilling your average fund manager, as befits a man who runs one of the country’s most venerable investment trusts in a most unvenerable way....
View ArticleThe minimalist optimist
When you put your money into an actively managed investment fund, it’s as well to remember that you are putting your faith in a human being you have probably never met. Have you ever stopped to think...
View ArticleThe robots are coming — and they want to make you rich
In a world where we’re heading for driverless cars, drones that deliver groceries to your back garden and smartphones that switch your lights and radiators on and off automatically while you are miles...
View Article‘Claptrap on both sides’
Is there a genuinely independent go-to guide for anyone who cares about the future of the UK economy but isn’t sure how to cast their vote in the Brexit referendum? Two-thirds of voters are said by...
View ArticleInterview: Economic vandalism
As both P.G. Wodehouse and the recent referendum reminded us, it is never difficult to distinguish between a Scotsman with…
View ArticleInterview: ‘The world is a very difficult place’
It’s quite rare to come across successful professionals lobbing grenades at the industry that has brought them fame and fortune.…
View ArticleThe self-confessed optimist
Interviewing James Anderson is a lot more refreshing than grilling your average fund manager, as befits a man who runs…
View ArticleThe minimalist optimist
When you put your money into an actively managed investment fund, it’s as well to remember that you are putting…
View ArticleThe robots are coming — and they want to make you rich
In a world where we’re heading for driverless cars, drones that deliver groceries to your back garden and smartphones that…
View Article‘Claptrap on both sides’
Is there a genuinely independent go-to guide for anyone who cares about the future of the UK economy but isn’t…
View ArticleAiming high
Aim — originally the Alternative Investment Market — is a curious entity that understandably excites conflicting responses. Since its launch…
View ArticleSkin in the game
Terry Smith is in the news again. Not for being a Brexiteer — though he’s been committed to that cause…
View ArticleMaking the case for Japan
The best investment decisions are almost always those that feel most uncomfortable at the time they are made. George Soros…
View ArticleMaximise your winners
Giles Hargreave has been one of the UK’s top small-cap fund managers for more than 20 years, but his stock-market…
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