Low and Slow

One of my favourite restaurants – “Pitt Cue Co” – opens its doors again next week after a bit of an absence.  I’m pretty excited: it’s now only 10 minutes from the office, it’s a bigger restaurant and they are taking bookings when before it was walk in only (queues frequently ran to over 2 hours…

How useful are probabilities?

From Portfolio Institutional: Every defined benefit pension scheme has an eighty percent chance of being fully funded ten years from now. Exactly eighty percent. Prove me wrong. That sounds ridiculous, but over the time horizons involved, there is no way of calculating that probability that can be shown to be any more accurate. So are…

The queue for equity protection is out of the door. Or is it?

For those that work in London, the lunchtime sandwich rush will be all too familiar. The best places are always queuing out of the door, wasting valuable minutes of a lunch “break” – this can put many people off. The other day we were out picking up our lunch just before 12 – we were…

Are we there yet?

So the holiday season is well and truly over, those couple of weeks where we look forward to visiting family and friends in different parts of the country to catch up and reminisce on the ups and downs of the year gone by. You know how the story starts – get the other half and…