Searching for soundly financed businesses with strong competitive positions has been fundamental to our investment approach since 1986 and has contributed to our long-term performance.
Inflationary pressures appear to be easing, and for the first time in decades cash deposits offer an attractive return. So why invest in shares? In this video, we share our thoughts on the economic outlook …
Wall Street had been a wonderful place to invest in the 1990s. Our older directors could remember decades past when UK institutions – pension funds, investment trusts, insurance companies – held a significant chunk of …
Even in 1997, consumers’ confidence was recognised in America as a vital ingredient in assessing prospects for the economy. Movements in confidence were recorded on a chart.
Wall Street tried to measure investors’ confidence in …
By way of explaining apparently bizarre movements in securities markets, this article pointed to monetary policy and its impact on short-term interest rates as the biggest factor in shifting investors’ confidence.
The UK inflation and …
By 1989 the term ‘value’ had become an investment catchword. But investment managers found it difficult to define its ingredients. That was because its characteristics were always bound to be relative qualities not absolute ones. …
Happily (or not), publication of this article preceded by a few days the equity market crash on Monday, October 19th – ‘Black Monday’.
The index of shares on Wall Street had been rising more or …
