… as Mark Twain said, “A classic is something that everybody wants to have read, and nobody wants to read”
Monthly Viewpoint June 2021
The global recovery continued to build momentum during the second quarter, driven by developed markets, where vaccine rollout is proving to be decisive in lifting pandemic restrictions.
A Euro black swan passes by
“Despite the defeat, one of many bright spots for England has been
the redemption of manager Gareth Southgate”
Past performance is not indicative of future results
A Fund Managers performance can dictate whether they become a hero or villain in the eyes of the public
For what it’s worth
‘Relying on such a public pricing mechanism implies a high level of faith on efficient markets and to believe there is no such thing as “the madness of crowds”
This time may be different
History tells us that letting the
inflation genie out of the bottle is a lot easier than putting it back again
Macro Matters
We don’t believe in investing on the basis of macro, but nor do we ignore it
Be smart, be decent: empower women
Gender discrimination is not only terribly wrong, but also plain stupid
Diversify your diversifiers
As we see increasingly these days bonds are not the antidote to a sell off in equities, they can be cause