Evil Knievil: How to play it

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

I was minded to do nothing until Michael Heseltine came on shortly after 9.00 a.m. describing what was going on as catastrophic. I then immediately knew that I just had to go long of FTSE and £ versus USD.

At the heart of it is the CBI bloc who come up with woe on the way when what these self-serving chaps all want to do is to reassure, as they see it, that they have protected jobs etc. in the event of a no deal Brexit.

To me, a no deal Brexit might be a bit uncertain but it could be hugely bullish. I am just going for mildly bullish. That will do for me for now.

Evil Knievil: