Football Philosophy: orchestra vs heavy metal

When assessing active fund managers we talk about investment philosophy, those guiding principles which frame the decision making process and drive the investment strategy. The football world is no different, every manager has his own philosophy, some better than others. The skill of the…

What do you want?

Over the weekend I watched Good Will Hunting, without doubt my favourite movie. I must have watched it well over a hundred times at this stage. The movie which earned two Oscars, Best Original Screenplay for writers Matt Damon and Ben Affleck, and Best…

The wait is over, the English Premier League returns

We go again. The wait is finally over, with the English Premier League season kicking off this weekend. The European Championship filled the gap over the summer, but it is merely a distraction from the real excitement, the English Premier League. The likes of…

Central bank liquidity keeps everyone dancing

While the Bank of England (BOE) surprised markets by holding interest rates steady in July, the Bank announced an aggressive package of measures at their meeting on Thursday that had financial markets salivating once again. This package, intended to lower the cost of borrowing…

Gold, scarcity and supernovas

“There is something a bit odd about the value we attach to gold. Throughout history people have gone to extraordinary lengths to get their hands on this most precious substance which is strange because it is isn’t particularly useful for anything…but it has got…

Irish GDP data; no leprechauns in Ireland Paul

The National Accounts released by the Central Statistics Office last week caused quite a stir, with Gross Domestic Product (GDP) up a whopping 26.3% in 2015. US Economist Paul Krugman’s tweet made the headlines, putting the increase down to “Leprechaun economics”. Ah such a…

End of an era, the legendary Gilsey retires from RTE

While the final of the European Championship was a let-down, RTE’s tribute to John Giles, on his retirement from his pundit role at RTE, was a fitting send off for a man that has been a fixture of many a sitting room over the…

The importance of critical thinking

It is not often I share links from the Daily Mail but I have to share this article from Jamie Carragher – “English players are weak… we think we are making them men but we’re creating babies” – an excellent piece on the failure…

BREXIT – The certainty of forecasts

I found it interesting to hear former Governor of the Bank of England, Mervyn King, be so critical of the British Government and the Treasury for their “scaremongering tactics”. In an interview with the BBC (see clip), he urged calm after what he called…

Thoughts on BREXIT, breaking up with Europe

Sacré bleu! Hearts are breaking across Europe, as the European establishment has been jolted by the surprise result that Britain has voted to leave. As one might expect the initial reaction has been an emotional one, the innate fight-or-flight response of market participants has…

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