Serious investment thinking that doesn’t take itself too seriously.
I almost never watch Prime Minister’s Questions, but led there by another topic, I found myself hearing the Prime Minister (8th January 2025) confirm the repurchase of some 36,000 homes for the Ministry of Defence, claiming the saving of some £230 million per annum in rent. He did not explain...
When you look at the body camera video of Nashville cops, guns drawn, dashing into the school, throwing doors open, shouting, “Shots fired, shots fired, move!” and a line of cops...
I am an old Democrat who’s been traveling around doing shows in Republican towns in the Midwest and it’s making me a better person. I stand up on a theater stage and I hum a note...
This short piece focuses on Charts 1 and 2. The first maps the path taken since 1970 by sterling, as measured by a trade-weighted index, this charted alongside UK Consumer Price...
When gas prices rose 150 percent from June 2020 to June 2023, politicians and the media didn’t hesitate to blame corporate greed. The evidence they offered was...
The latest IPD Monthly Index shows UK commercial property capital values declined by 14.2% in the calendar year 2022. Income was something of a saviour of total return though....
Time to buy some discounts to NAV, Blackstone cede 11% and UK planning paralysis What on earth is happening to our planning system? Is it absent without leave? I know it’s...
Real estate is a relationship business. It is sometimes an ego business. And it is often an emotional business. So making the case that data-driven analysis should drive...
The apartment across the hall from where we’re staying in Minneapolis is undergoing extensive renovation – walls being moved, floors torn up and every day last week the noise...
The CIO of Odey Asset Management, shares his thoughts on recent events inthe UK economy. There was a time when markets were in the ascendancy, when they ruled, rather than were...