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

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All that glisters is not gold

All that glisters is not gold

Originally published March 2021. The collapse of Greensill involved a predicable cast of unwise enablers, but it should serve as a warning to the growing number of alternative asset buyers on the dangers of complex deals which promise much but deliver less. Due...
Death of the high street?

Death of the high street?

Not yet, but further change is needed. The harbingers of doom have been ringing the death knoll on the UK high street for some time now. The Great Financial Crisis, the tightening stranglehold of online retailing, surging operational costs, the normalising of Company...