Kim and Don


“When I look back on all these worries, I remember the story of the old man who said on his deathbed that he had had a lot of trouble in his life, most of which had never happened.” Winston Churchill

Hung Parliament

Hung Parliament

As dawn breaks, the morning light reveals yet another political gamble that has not paid off for the dice roller.

Investment Return

These Foolish Things

“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

Thoughts on bonds

Human Capital

“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)

Poppy in a field


“I’m £90,000 better off in 1 year with Millen Capital”*


Certain about Uncertainty

“Democracy is the worst form of government, except for all the others.” Churchill

Investment Return


 “You may deride my awkward pace, but slow and steady wins the race” Robert Lloyds – The Hare and Tortoise, 1757. A Fable.

Housing Market

The Fall and Decline of Buy-to-Let

‘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