The vast majority of losses come from picking the wrong business, not picking the wrong valuation on the right business." In the long-term, allowing the world’s best businesses to continue compounding your wealth has proven to be a most effective strategy.

Just how much do the world’s central banking powers own of their government’s stock of financial obligations is astounding. When the central bank steps in to buy the risk-free asset in an economy, private investors trade their holdings for cash which then must be redeployed, and it finds its way into risk assets.

It’s been five years since we launched our business, in partnership with our friends at Montgomery. And we wanted to take this opportunity to connect with you to reiterate our single clear goal in everything we do. And that is: to maximise the probability of achieving multi-decade compounding of your wealth, alongside our own. We are grateful for the trust you’ve placed in us. And we continue to work hard every day, with our highly-skilled team, to do well for you over time.

The Financial Times recently wrote an article, asking “has Warren Buffett lost his touch”. Do we agree? Read on to know more.

Value investing may seem like a simple concept but it necessitates a very challenging task of estimating the future growth of cashflows over coming decades.

From cancelled flights and cancelled aircraft orders to frenzied air freight markets, the fallout from the COVID-19 pandemic has been unprecedented. Here we outline some of the implications of the coronavirus for different corners of the commercial aviation industry.

While digital might seem ubiquitous, there is still tremendous uptake to come. Outside of standard broadband access, all other digital technologies remain less than 50% penetrated by enterprises.

Explore the interesting concepts of the Modern Monetary Theory (MMT). Under this economic theory, it is explicitly acknowledged that governments who issue debt in their own currency cannot default. Ever. So then why exactly do we need taxes?

An abrupt change in macro liquidity may be occurring with the potential for a vacuum, as the U.S. Federal Reserve slows its bond buying programs just as the U.S. Treasury accelerates issuance. This may mean the liquidity tide created when the Fed commenced it's "unlimited" purchase program, would start going out to sea, and possibly leave behind more organic price discovery in markets.