Regular readers will know that I am always on the lookout for good funds. I don’t think that there are many managers that are capable of regular outperformance, but I live in constant hope that …
Nice fund, shame about the price
Category: Blog
Why we should evict the rich from council housing
You know that council tenants don’t pay commercial rents – of course you do. But do you know just how much their rent subsidy comes to? I wonder. A new report just out from the Centre …
How the ‘wealth effect’ works in both directions
One of the main justifications for quantitative easing (QE) in the first place was the wealth effect – the idea that you can make the real economy work better by making ordinary people feel richer. …
Fingers crossed for Japan
The “recent volatility in Japanese equities has made investing in Japan look risky”, says Jupiter fund manager Simon Somerville in a report from his most recent trip to Tokyo. I think we can all agree …
Has Anthony Bolton got it wrong again?
Regular readers will know that I have spent much of the last few years feeling extremely irritated with Anthony Bolton. For a long time he was one of the few fund managers in the UK …
The government should steer clear of the housing market
What happens if you distort a market? You end up feeling as if you have no choice but to distort it further. And so it is with the UK’s property market. Over the last few …
Britain’s housing market needs a dose of Irish realism
There’s a surprisingly truthful article on the front of last weekend’s Telegraph property section. Most property sections still work to keep up the myth that all is well with the UK housing market. But this …
Want a cheap house? Get out of London
If you want a cheap house, you might remember that the main part of housing costs is not the house but the land and head as far away from London as you can. Dowle Smith …
Politicians still don’t get housing markets
Another quick note on the Irish property market. The fact that the nation has had a proper crash doesn’t make the government there any happier than ours would be, should their sterling efforts to prevent …
Why demographics make a nonsense of government economic policies
We’ve written a good deal about demographics in Moneyweek over the last few years. It seems to us that the ageing of our populations is good reason to think that we will see low growth …