Edward Natusch. Licenciado en Ciencias Económicas. 📈

Warren Buffett’s final letter to shareholders.

My favourite two lines:

“Kindness is costless but also priceless”

“Keep in mind that the cleaning lady is as much a human being as the Chairman.”

Warren we salute you 🫡 🇺🇸

A true giant among men.

berkshirehathaway.com/news/nov1025...

Preston Lib Dem councillors at the Armistice commemorations in the city centre and Fulwood.

#lestweforget

I have been a business reporter for 13 years and would strongly advise against signing up for a 50-year mortgage, for multiple reasons, including the amount of interest it would accrue and the likelihood of discriminatory lending rates.

BBC to apologise over edited Trump speech after backlash BBC to apologise over edited Trump speech after backlash

BBC to apologise over edited Trump speech after backlash

Trump Will Lose His Court Battle Over Tariffs. Why That’s an Economic Win. The president should take a court loss as an off-ramp for his failed tariff experiment, Ben Harris writes in a guest commentary.

“It is important to note that roughly 30% of the existing tariffs have been imposed by authorities other than IEEPA. Those tariffs aren’t threatened by the current case and will continue to stand regardless of the court’s decision.”

www.barrons.com/articles/iee...

[REDACTED]

"We need government guarantees," is the ridiculousness you say when you are running out of capital.

Peel Hunt’s cunning plan An immodest proposal

Peel Hunt’s cunning plan on.ft.com/3Wlknuj

I can see why a UK small-midcap equities broker might think this policy is good for their own balance sheet.

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The best way for the gov. to promote UK investment is

1. fiscal responsibility to prevent uncertainty due to currency devaluation fears.

(If the pound sinks 10% compared to the currency used by an international investor they lose 10%)

2. Supply side reforms to make wealth creation more dynamic.

a man singing into a microphone with the words try a little supply and demand behind him ALT: a man singing into a microphone with the words try a little supply and demand behind him

You cannot manipulate the laws of supply and demand.

a muppet from the muppet show is laughing and saying `` i 'm freeee '' . ALT: a muppet from the muppet show is laughing and saying `` i 'm freeee '' .

If UK investments are attractive on individual merit then they will naturally attract capital through the power of the free market.

If UK investment opportunities are not beautiful, you cannot force people to invest in them.

The Simpsons Lever GIF ALT: The Simpsons Lever GIF

It’s a peculiar interventionist policy.

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That is the beauty of the market.

Forcing people to go to a beauty pageant doesn’t mean the contestants will be beautiful.

a cartoon character is wearing a sombrero and mustache . ALT: a cartoon character is wearing a sombrero and mustache .

If there aren’t good opportunities in the UK but there are in Mexico, then they should buy those Mexican companies.

a cartoon of a man in a top hat drinking from a cup with the words " british moment " below him ALT: a cartoon of a man in a top hat drinking from a cup with the words " british moment " below him

If the UK is full of great opportunities, undervalued gems and high potential growth stocks at a sound price, then they should buy these UK stocks.

Thoughts on the proposed “GB ISA”

A fund manager should weigh up an investment prospect on its individual merit.

“I would rather have questions that cannot be answered, than answers that cannot be questioned.”

- Unknown

Well it looks like I have been blocked by one of the Liberals on this post for expressing a view on this issue.

If someone silences people for holding an opposing view to them, they do not care about freedom of expression and are hence not a Liberal in the true sense from my perspective.

With the quota decision, it doesn’t mean a Trans person cannot run for any of the positions.

If the quotas are meant to make the party decisions more representative of society as a whole, why not have separate quotas for trans men and women?

They have specific policy interests that affect them.

I am not convinced by arguments, for example, that a trans person having to take part in the category of sex assigned at birth is the same as racial discrimination.

Racial discrimination means someone cannot take part at all due to their race.

The trans person can still take part in the sport.

TLDR; Nick Fuentes is a hateful and twisted individual who preaches extreme right politics.

bugs bunny and daffy duck are looking at a bull market sign ALT: bugs bunny and daffy duck are looking at a bull market sign

This approach appealed to oddballs like us.“

~ John Neff - Portfolio Manager of Vanguard’s Windsor Fund (1964 - 1995)

Over John Neff’s tenure, the Windsor Fund returned a net rate of return of 3.15% higher than the market per annum.

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But that’s how it goes outside the friendly confines of recieved wisdom.

To bolster his own confidence, Art adhered to a simple proposition: “I’m not fighting another person,” he said.

“I’m fighting the market, just one person against the market.”

a man wearing glasses is making a funny face with the word false written below him ALT: a man wearing glasses is making a funny face with the word false written below him

When you follow a contrarian path, Art often said, “The investment community can make you look bloody wrong.”

A decision will look wrong the next day if you can buy the same stock for less— the very opposite of an investor’s most fundamental aspiration.

a monkey is sitting on a rock in the woods with its legs crossed . ALT: a monkey is sitting on a rock in the woods with its legs crossed .

Ideas and judgements about markets or stocks are easy to defend, when they reflect prevailing opinion, but going your own way is a lonely task that pits an investor against conventional wisdom and often against his or her own inner voice.

We fought the same intellectual battles, sometimes together and sometimes challenging each other.

A genial Englishman who had patrolled the moors of Yorkshire as a teenager during World War II, Art netherless exemplified, for me, intellectual ruthlessness.

a cartoon of spongebob reading a book with the caption " me pulling out every logical fallacy " ALT: a cartoon of spongebob reading a book with the caption " me pulling out every logical fallacy "

Given my penchant for arguing with signposts, I took rapidly to arguing with the marketplace.