These Foolish Things
by Millen Capital on
“If I have learned anything in my 52 years in this marvellous field, it is that, for a given individual or institution, the emotions of investing have destroyed far more potential investment returns that the economics of investing have ever dreamed of destroying.”
John C. Bogle, Founder of the Vanguard Group
Human Capital
by Millen Capital on
“Human capital should be treated like any other asset class; it has its own risk and return properties and its own correlation with other financial asset classes.”
Ibbotson, Milevsky, Chen and Zhu (2007)
+21.28%
by Millen Capital on
JEANS
by Millen Capital on
“Because the business suit is just another part of the sales bluff, adding another layer of unnecessary opaqueness.”
Certain about Uncertainty
by Millen Capital on
“Democracy is the worst form of government, except for all the others.” Churchill
BE.MORE.TORTOISE.
by Millen Capital on
“You may deride my awkward pace, but slow and steady wins the race”
Robert Lloyds – The Hare and Tortoise, 1757. A Fable.
The Fall and Decline of Buy-to-Let
by Millen Capital on
‘Short of attacking them with flame-throwers, or impaling them on stakes,
it is hard to know what else the Bank and the government can throw at landlords.’
Daily Telegraph, 31st March 2016
The outcome of the EU referendum and your portfolio
by Millen Capital on
With the UK’s referendum vote on whether or not to remain in the EU almost upon us, this note looks at the impact that BREXIT could potentially have on client portfolios.