Victor Hill

Quantum Computing: Schrödinger’s Cat is SO Clever

Quantum Computing: Schrödinger’s Cat is SO Clever

9 mins. to read

The greatest technological leap forward for humanity in the second quarter of the 21st Century will be Quantum Computing (QC). It will accelerate computer processing speeds beyond our imagination. It’s a weird world; and yet the first QC inspired computers are already working on problems of mind-boggling complexity. Quantum Theory was formulated in Europe in…

An Inconvenient Truth for Liberals: Vote Donald, Get Peace

An Inconvenient Truth for Liberals: Vote Donald, Get Peace

10 mins. to read

Letter to my American friends. The Donald will reach an accommodation with Russia. The alternative could be too awful to contemplate. This thought has momentous importance for investors – and indeed anyone who cares about the future. Now I know many readers may not like Donald Trump, and that he has offended people – women,…

Alice in Wonderland Economics Gets Even Crazier

Alice in Wonderland Economics Gets Even Crazier

9 mins. to read

Get ready for a world of negative interest rates and helicopter money. The lunatics have taken over the asylum. In May I wrote about how the world of the Zero Interest Rate Policy (ZIRP) was one of Alice in Wonderland economics with all kinds of unforeseen consequences over the long term. And last week I…

Mr Carney Upsets the Markets (Again!)

Mr Carney Upsets the Markets (Again!)

5 mins. to read

July 15.  St. Swithin’s Day[i].  An ancient British folk-tale holds that if it rains today, that will set the weather for another 40 days.  As I have argued before, meteorology and economics have much in common.  Perhaps economists would be better forecasters if they just ignored the central bankers. Dear old George is gone. (I…

Bag a Brexit Bargain with the Banks

Bag a Brexit Bargain with the Banks

6 mins. to read

Release the Buffers The Brexit backlash shows that the UK banks have better prospects than their European counterparts. A buying opportunity, perhaps? Now gather up the wee bairns and tell Grandad to put his ear trumpet in. I have some weighty news to impart. I don’t know how to put this in a way that…

The Ladies’ First Post-Brexit Budget

The Ladies’ First Post-Brexit Budget

9 mins. to read

London, House of Commons, Wednesday, 20 March 2019, 12:37 The Deputy Speaker: I will have ORDER in this house! Mr Skinner, for the sake of your own health, I advise you to contain yourself. I call upon the Chancellor of the Exchequer to deliver the budget statement. Mrs Leadsom. Loud cheers from the Conservative benches…

Forget “Pharmaceuticals” – Think Immunology and Synthetic Biology

Forget “Pharmaceuticals” – Think Immunology and Synthetic Biology

17 mins. to read

As seen in the latest issue of Master Investor Magazine Investors often suppose that biotechnology is all about the development of new wonder drugs which zap bacteria and viruses – pharmacology. But in fact the best investment prospects probably reside in other, newer fields of medicine, of which there are several. Today I’m taking a…

When Clouds Part

When Clouds Part

5 mins. to read

About 20 years ago, I was descending a Monro (mountain) in Scotland – Beinn Bheigeir on Islay, to be precise – leading two beautiful young people back to the sea. (My niece and nephew: the girl is now an academic in Switzerland and the boy is in private equity.) And, as it can do there,…

All Aboard the Brexit Big Dipper!

All Aboard the Brexit Big Dipper!

11 mins. to read

Investing in the UK Pre and Post Brexit At 04:39 on Friday, 24 June David Dimbleby announced that the BBC forecast was that REMAIN could not now win. Cut to a beaming Nigel Farage at a party somewhere talking about the British people getting their country back. As the enormity of the news sunk in,…

In the Cold Light of Dawn

In the Cold Light of Dawn

4 mins. to read

Gosh. Have I missed something? I hate it when Swen prods me like that when I’m fast asleep in my favourite comfy chair. Did you say we’ve voted out? Told you so. It was when I was having lunch with Evil about a month ago that I started getting vibes. We discussed the bookies odds…