On the Money A constant flow of negative news is undermining long-held faith in strategic investment, writes ALAN STEEL I felt it only right to share an obituary that has come to my attention… Long-Term Thinking 1800-2020 Long-Term Thinking died last week. His last true friends, Warren Buffett, Charlie Munger and Peter Lynch, were by […]
Choose the right vehicle for the road ahead
“People tend to choose what has been successful rather than looking forward long term” Alan Steel, Daily Telegraph, June 2006 “If you don’t start wi’ a plan at the start, how do you know how you’re getting on?” Grannie McKay, 1961 On The Money: Alan Steel Until the last few days when it took a […]
Remember that gold is not all that glitters
“Never in the history of human medicine has so much been sacrificed by so many to prolong the life of so few. The sooner we stop the idiocy of this fascist lockdown the better” Kevin Pakenham (1947- July 2020) “Question everything. The opposite of question everything is question nothing. And if you don’t question […]
Choose your time, as the markets they are a’changin
“For the loser now will be later to win, for the times they are a’changin’“Bob Dylan “There are decades when nothing happens and there are weeks when decades happen”Vladamir Lenin On The Money: Alan Steel What an astonishing time we’ve all had this last four months. The times sure are a’changin’ all right and Dylan […]
Lockdown and the risks of computer muddling
On the Money: Alan Steel “New beginnings are often disguised as painful endings!” Lao Tzu, 6th Century BC After I left primary school, I had to cycle a mile and a half to the “big school”. Living in Scotland you quickly learn to establish what the weather’s going to be like before setting off. As […]