SA Shine for Serpentine

  Market Scorecard Global markets continue to head higher. Even Asian markets, which have been hit hardest by the virus outbreak, have seen strength over the last few days. One reason that markets are feeling more buoyant is that the infection rate has been slowing. Added to that, it is estimated that the mortality rate … Continue reading SA Shine for Serpentine

Under-Water

  To market to market to buy a fat pig. The increased risk of a spat between Donald Trump and Kim Jong-un meant that markets sold off yesterday. Higher risks mean that asset prices need to be lower to compensate you for that risk. I'm fairly sure if North Korea did anything, like firing a … Continue reading Under-Water

Big but small

"For a little perspective, Adidas has annual sales of 19.3 billion Euros (nearly 21 and a half billion Dollars), Nike 32.5 billion Dollars. Under Armour is a small, yet growing business in a space that we think has lots of room to move."   To market to market to buy a fat pig Another "nowhere … Continue reading Big but small