Jan 14, 2021 | Monthly Commentaries
“Hindsight is notably cleverer than foresight.” Chester W. Nimitz Few years in recent history have received the unanimous ire and contempt bestowed upon 2020. No tears were shed as the calendar flipped on this hellacious year. And while the virus pays no...Dec 11, 2020 | Monthly Commentaries
“Extrapolating from the statistical growth of the legal profession, by the year 2035 every single person in the United States will be a lawyer, including newborn infants.” Michael Crichton – State of Fear One of the favourite tools of forecasters and...Nov 6, 2020 | Monthly Commentaries
“Your path you must decide.” Yoda According to legendary investor Sir John Templeton, the four most costly words in the annals of investing are “this time is different” (1933). The lesson being that economic cycles and history often repeat, or at least rhyme. But...Oct 9, 2020 | Monthly Commentaries
“No one party can fool all of the people all of the time; that’s why we have two parties.” Bob Hope In the run-up to elections, markets tend to move up and down depending on which candidate is leading the polls. History would suggest that for the most part,...Sep 15, 2020 | Monthly Commentaries
“As long as poverty, injustice and gross inequality persist in our world, none of us can truly rest.” Nelson Mandela This pandemic is a ‘pain in the you-know-what.’ It has disrupted our lives with all sorts of new protocols and practices, and taken some pre-existing...Aug 12, 2020 | Monthly Commentaries
“My new normal is to continually get used to new normals.” Anonymous The natural progression in economics is for an ‘unprecedented’ crisis to be followed by a ‘new normal’. The old modes and models are discarded and replaced with ones that reflect the new post-crisis...
