Insights
It's a bad news week ... again!
“What information consumes is rather obvious. It consumes the attention of its recipients. Hence a wealth of information creates a...
Don’t Budge
The journey is a teacher: the trip up the mountain, the potholes, the base camps, the rest stops – and...
Summertime, No Blues
“The difficulty lies, not in the new ideas, but in escaping from the old ones.” John Maynard Keynes Time is...
NOT A LETTER FROM LINLITHGOW
Last month I said that I was taking a wee break from Letter from Linlithgow. Isn’t it funny that when...
Fears for souvenirs
“A pessimist is one who sees a disaster in every opportunity. An optimist sees opportunity in every disaster” John D...
Probability and the three bricks
“I’m not young enough to know everything” Oscar Wilde (1854-1900) “If you eat, invest and think according to what the...
Wealth Doesn’t Like Crowds
"In investing, what is comfortable is rarely profitable." Robert Arnott It’s been a little choppy of late. That’s a good...
What’s in a name?
Changing a brand seems to be a rite of passage for businesses. There are countless examples such as Marathon becoming...
We need to get back to reality
It was just before Christmas that I sent the last of these missives and what has happened since then? Not...
Hurry Up and Wait
“Throughout all my years of investing I've found that the big money was never made in the buying or the...
Helping you to make it thro the night
“The object of life is not to be on the side of the majority, but to escape finding oneself in...