Letter from Linlithgow Christmas 2010

CALL IT AGAIN SAM Last December I brought the Christmas story up to date. Headlines at the time predicted double dip recessions, inflation, and debt problems in Dubai and Greece leading to economic disaster. Couldn't see it myself....

Out of the tunnel

Out of the tunnel In a few days it will be Hallowe'en. Traditionally that's the time of year when folks dress up as witches and ghouls to scare the rest of us. But it doesn't have the same...

The Tipping Point

The Tipping Point? In my last Letter at the beginning of June, we were in the early days of the BP Gulf disaster. A few weeks earlier we warned it was going to be a bumpy summer which...

BP - What next

BP - What next? I bet your first reaction to the headline is this is about British Petroleum and their current problems. It's not but I'll come back to that later. The BP I had in mind is,...

Flaws of Averages

Flaws of Averages I had lunch the other day with a fellow independent financial adviser I've known for a few years now. He was interested in learning more about how we track economic and stockmarket factors, how we...

Global Warming Global Meltdown The Lost Decade and Other Myths

Global Warming, Global Meltdown, The Lost Decade and other Myths "Being contrarian is never popular, and it's uncomfortable for much of the time, but it works." Last week I had the pleasure of working with Graham French, who...