And the insanity continues. The terrible events of Tuesday have been followed by the US military firing a reported 59 warheads into Syria, targeting Assad’s regime. This escalation in the conflict comes at a very dangerous time indeed. While a...
Read moreI was recently asked by a friend if hedge funds still had any place in a portfolio. The question doesn’t surprise me given the negative press, what with Buffett and many others highlighting how hedge funds on average generate below market rates...
Read moreThe color is slowly coming back to Bangkok. After the widely beloved King Bhumibol Adulyadej’s demise in October 2016, Thailand went into a period of mourning and life seemed to be standing still. Shops replaced their usual array of colorful...
Read moreThe dollar and US Treasury yields fell sharply this Wednesday afternoon, following the FOMC 25bps raise. Equities on the other hand rallied. While this may have surprised some, the market was reacting to what the Fed said rather than to the rise...
Read moreToday, my focus is on the equity and bond markets. While the long term technicals of US equities is still positive and don’t indicate a need to reduce exposure, the short term technicals look very overbought. The RSI and MACD (moving average...
Read moreThe life of an investor is not an easy one. Even more so, when investing somebody else’s money, as there is a fiduciary duty to do one’s best for the client. Figuring out what to buy or sell, to generate consistent absolute or relative...
Read moreAnother week of record highs in the US, with most major equity markets being up yet again. Many of our holdings have also performed well and we have added very marginally to our equity exposure on the back of strong technicals. This week’s...
Read moreOur positive view on gold has worked well for us, with the precious metal up some 7% YTD (as at 20/2/17). Silver has done even better, up c.13% over the same period. Some may have found the move in gold perplexing as it has risen in an...
Read moreOne of the key calls I have for the year, is that the USD will continue to strengthen. It is one of the more critical calls to get right, as it has ramifications on the wider portfolio. YTD the USD is down around 1%, as measured using the dollar...
Read moreThe focus of this week’s ‘Insights’ is on the French elections and the possible ramifications for the Euro. Let’s be clear from the start. My core view is that the Euro, in its current form, will not exist a decade out. Possibly a bold statement...
Read moreA year ago I wrote of my trip to the Enchanted Farm and my experiences. I was drawn to the place having met with Tito Tony (Tony Meloto) the founder of the farm and also Gawad Kalinga. As anybody that has met with Tony, his personality and charm...
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