Bruised and battered this week, is Bitcoin the canary in the mine for modern money?
The rise of Bitcoin might ultimately be remembered as the canary in the mine of a modern money system under unbearable strain. A warning that the current experiment in unanchored money might yet collapse in anger, drama, and mistrust.
24th Feb, 2021 - 3 min read
Sliding doors, and the under-valued option to hasten slowly
While the character played by Gwyneth Paltrow at Holloway Road platform, or the baseball batsman poised to swing beside the home plate face an unavoidable time constraint, investors enjoy a rare option to let time be their friend.
8th Feb, 2021 - 3 min read
Tailgating, gyrating markets & mental models
Let’s take a step back: the real cause of the current drama is less the widely analysed actions of chat-boards and day-traders, and more the extraordinary policy environment which helped propel stock prices ever higher.
1st Feb, 2021 - 3 min read
A Beginners Guide to Financial Markets: Part 8 – Foreign exchange rates & managing exchange rate exposure
In truth, the decision to hedge or not is complicated. For most long-term investors, the best decision is arguably to accept their inability to forecast, while also accepting that hedging is a poor solution.
18th Jan, 2021 - 5 min read
A beginners guide to financial markets: Part 6 – The ‘Dumb Money’ effect
Investors should ignore the allure of short-term stories and resist the temptation to jump in and out of the market. Their persistent compunction to trade too often is costing them dearly.
21st Dec, 2020 - 3 min read
A Beginners Guide to Financial Markets: Part 5 – Taleb and the mindset of value investing
To exploit the changing moods of the market, the thoughts of Taleb help illuminate and guide. Resonating strongly with the great value investors, they increase our likelihood of developing the right mindset for success.