From Flows to Fundamentals

Despite the dominance of dollar weakness in current headlines, a longer-term perspective presents a more measured story. For…

7 mins
Crafting bench

AI Strategies Take Shape

More than two years since the launch of OpenAI’s ChatGPT catalysed a wave of interest in generative artificial…

6 mins
Crafting

Tariffs: The Goods, The Bad and The Ugly

We wrote at the beginning of this year that 2025 was likely to be a wild ride given…

6 mins
Crafting

Beyond The Headlines

As uncomfortable as it is, we’re frequently reminded that the stock market is noisy and often volatile, swayed…

6 mins
Workbench

AI Profit Pools and Shifting Sands

It is impossible to ignore the scale of capital being deployed into artificial intelligence. AI has dominated headlines…

5 mins
Crafting

Novo Nordisk: Many strings to their bow 

In the world of healthcare, there are few companies that elicit such strong reactions from investors and the…

6 mins
Work bench with glasses

2025: A Space Odyssey 

Among the more outlandish (or should I say extraterrestrial) plans put forward by the Adviser-in-Chief, Elon Musk, is…

6 mins
Crafting

Permabulls, horizons and perpetuity

In the long run, stock markets rise, despite constituting an agglomeration of largely mediocre businesses. Selecting qualitatively superior…

5 mins
Craft workshop

The Quality Growth Marathon

Introduction As our investors will know well, the Ten Golden Rules are the guiding principles which we use…

6 mins
Crafting tools on bench

Snow in the Summer

The words ‘company’ and ‘stock’ are often used interchangeably to mean the same thing. However, a little consideration…

6 mins