Calculate less, think more
“People calculate too much and think too little” – Charlie Munger It was in 1987 that Economist Robert Solow said, “You can see the computer
July 9, 2025
“People calculate too much and think too little” – Charlie Munger It was in 1987 that Economist Robert Solow said, “You can see the computer
I felt that I should share some thoughts and observations on the large fall in equity markets that we saw in the first week of
This week the International Monetary Fund warned of a “widening disconnect” between geopolitical uncertainty and stock markets, hinting that valuations have become disconnected from reality.
The evidence is that the average active fund has produced disappointing results for investors.This means that to be an active fund manager you either need
Our modus operandi is to be bottom-up investors, studying companies that we think might make for overlooked bargains. This, however, doesn’t entirely free us from
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