08/08/2022

Low Cost is not Low Price

“Just buy something for less than it’s worth.” - Warren Buffett in an address to the faculty of Notre Dame, 1991.

08/05/2022

Slowdown or slump?

It is the savings (and borrowing) behavior of consumers that is likely to make the difference between a slowdown and a slump.

08/04/2022

Trying to Keep an Open Mind

The past two weeks have seen a sharp surge in equities with investors taking the view that bad macroeconomic news is good news for markets.