In the November issue of the MI Magazine I’ll have some concrete Indian investment ideas for you, not least some amazing e-commerce plays, as well as basic industries. Right now, I just want to consider the fantastic potential of the Indian cyber-scene. 1.2 billion people with a passion for cricket, gadgets and technology. (OK, I…
Sticking with my Indian theme, I’d like to make the case for a global automotive powerhouse that combines Western technology and branding with Eastern management and ambition. And it’s not often that you get the chance to back British manufacturing with an option on the recovery of a vast Asian market. I’m talking about Tata…
Somewhere, there is a secret garden. I shall find you there. Rumi, Persian, 13th Century Elgin Hotel, Darjeeling, 03 October 2015 I went to the Observation Station at dawn this morning, as recommended by Vijay, but due to mist, could see nothing of the Holy Mountain. The forbidden mountain. I much prefer the Indian pronunciation…
From the October issue of Master Investor Magazine In the UK, ordinary folk who never previously resented the fat cats of the City were aghast to learn that their Government had used public funds to keep the banks afloat so that the very people who had messed up could continue to receive their gigantic bonuses.…
Jeremy Corbyn, a Marxist, is now leader of one of Europe’s most enduring centre-left political parties, the British Labour Party – the one that we were taught owed more to Methodism than to Marx. (Jeremy is no Methodist – an abstainer perhaps, but a republican atheist).
New Delhi, Thursday, 01 October 2015 I was driven from Indira Ghandi Airport early this morning through bright late summer sunshine. Thirty-three degrees Celsius; hazy pale diesel-heavy sky. VW execs must love it here. My second visit to this amazing country this year, I am almost beginning to feel like a regular. And yet…
London’s Heathrow Airport is the only airport in the advanced world serving a national capital which subsists on just two runways – one for landings and one for take offs. And thus which runs continuously at flat-out full capacity. It handles 70 million passengers and 480,000 flights per year, flying to 184 destinations. That’s one…
As featured in this month’s Master Investor Magazine. In the dark days of the 1930s Depression, policy-makers were divided into those who believed that the best response to the crisis was to stimulate demand and those who believed (for good classical economic reasons) that demand should be choked. In the current policy crisis – for…
Retail therapy (shopping to you and me), so the sociologists tell us, is a means by which urban men and women seek to lift their spirits by comfort purchases of inessential goods. This is in contrast to compulsive and repeated binge shopping of largely luxury goods (normally funded by means of maxed-out credit cards) which…
Builders in this country are, in the main, a bunch of corner-cutting scallywags. But builders’ merchants are a good group of geezers: knowledgeable, happy to help and well organised. What’s more, given their increasing economies of scale they are enjoying nice margins, with much less business risk than their professional clients. In the current UK…
