Innovation doesn’t inspire
Uncertainty abounds
After reading Alphaville’s alarmist appeal to readers to SELL: Insurers because of now widely reported fears for their solvency, I tweeted :
Right, that’s it. As of now, I have a strict policy, not to invest in any entity that invests…
A little dramatic perhaps. I’ve avoided insurance companies and banks for nearly a decade, not [...]
Is the UK’s most expensive share worth it?
Partial nationalisation is good for shareholders, but not that good
Despite the harrowing price cuts in bank shares under threat of nationalisation, there’s evidence that part-nationalisation works from the States of Jersey, which owns 62% of Jersey Electricity (JEL).
Jersey Electricity has a monopoly on electricity supplied to the island from Europe through two submarine cables. That [...]