One of the big advantages of being a debt investor is that you can make long term investment decisions with far fewer short term consequences than an equity investor. There …
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Whilst I’m generally cynical about politicians, their creativity in finding ways to blame others for what are obviously their problems shows they do have intelligence, albeit in a Machiavellian way …
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It seems like we’re back where we were at the beginning of the year, with most asset classes looking rich. In these times some investors are tempted to expand their …
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In recent years, the lobby group for directors of large companies has been increasingly whingeing about various avenues for company directors to be held accountable. It’s a bizarre position; highly …
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In June 2017 Argentina sold US$2.75 billion of 100 year bonds and I wrote then that “Argentina is unlikely to get through a decade without defaulting let alone 100 years” …
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When an economic crisis arrives, there’s often two key economic arguments that play out. First, how much government stimulus should occur to replace the reduced business and consumer spending? Second, …
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