Thinking Aloud

When we believe that we have something of interest to say, we jot down posts that we hope might offer a different perspective on an issue or conventional wisdom. We call this Thinking Aloud.

Values & Objectives

There are times in every investor’s career when the values that drive their approach are brought into…Read more

Shell – an ESG investment

There are times when there are “fat pitch” opportunities available in the market, opportunities...Read more

Do valuations matter?

2018 saw the passing of a giant in the fund management industry, John Bogle of The Vanguard Group...Read more

Quality & Sustainability

Exceptional returns are to be made from buying quality assets inexpensively. We invest when we find…Read more

Market Distortions

Given the distortions we are seeing in the markets, we think that the outlook for value is very good...Read more

Energy & Demand

Energy, particularly speculation on the future of renewables and electric cars...Read more

You can view more Thinking Aloud posts in the Archive