My Banana is Bigger Than Your Cucumber

  To market to market to buy a fat pig. I (Michael) am reading Thinking, Fast and Slow by Daniel Kahneman. I have been since December; a recent reading test told me that I read at the speed of a high school student, a few words a minute slower than the global average. Kahneman is … Continue reading My Banana is Bigger Than Your Cucumber

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No Mercy for The Hoff

  To market to market to buy a fat pig. Yesterday was one of those days that you will always remember. I remember when African Bank went to zero, it probably spent more time that day in volatility auctions than trading freely. Other days that come to mind would be the day after Brexit and … Continue reading No Mercy for The Hoff

  To market to market to buy a fat pig. Yesterday the S&P 500 hit another record. No not another record high but the most number of days without a 3% drawdown. The previous record was 241 days and was set in 1996. It is amazing how calm markets have been this year. In years … Continue reading

Value my Drug

"Whilst I believe that regulators are trying to do their best to protect consumers, sometimes they discount the huge shareholder funds that are spent on looking for the next blockbusters. Statista has the number, total global spend is around 150 odd billion Dollars a year, from the pharma industry. Each business, amongst the majors that … Continue reading Value my Drug