The AI bubble will burst, says financial historian Edward Chancellor, author of a definitive history of past speculative excesses, from the South Sea Bubble onwards, and a brilliant recent book, The Price of Time, about the folly of sustained low interest rates. An earlier version of this article first appeared on the online financial website, Reuters Breakingviews, and is reproduced with the author's permission.
Throughout the late 1990s Fred Hickey, the editor of The High-Tech Strategist, was relentlessly critical of the wild market excesses of the time. So-called “bubbleheads” responded ...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - Trust price and NAV performance - Z-scores - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week, it is time for my latest catch-up chat with Peter Hewitt, the former manager of CT Global Managed Portfolio (CMPI/CMPG), now happily retired and willing to give his unconstrained views on some of the latest developments in the investment trust sector. Topics covered...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - Trust price and NAV performance - Z-scores - Investment Trusts Handbook - Appendices
What's new this week The subject of this week's podcast is three specialist biotech trusts: International Biotechnology (IBT), The Biotech Growth Trust (BIOG) and RTW Biotech Opportunities (RTW). Ailsa Craig (IBT), Geoffrey Hsu (BIOG) and Woody Stileman (RTW) together make a convincing (to me at least) argument...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - Trust price and NAV performance - Z-scores - Investment Trusts Handbook - Appendices
What's new this week I have been in France this week, taking a break, but found time to record some reflections on the performance of the investment trust sector this year, drawing in part on some helpful recent research from Deutsche Numis. It includes a section on Saba Capital's possible next moves. (Please no...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - Trust price and NAV performance - Z-scores - Investment Trusts Handbook - Appendices
What's new this week This week's podcast features another of my regular catch-ups with Andrew McHattie, editor of the Investments Trusts newsletter. This time, we focus solely on recent trust news from, among others, International Biotechnology (IBT), RTW Biotech Opportunities (RTW), Golden Prospect Precious Me...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - Trust price and NAV performance - Z-scores - Investment Trusts Handbook - Appendices
What's new this week We have put out two episodes of the podcast this week, both featuring UK equity trusts, though two very different ones. The first was with Richard Staveley, manager of Rockwood Strategic (RKW). a strongly performing specialist small-cap trust operating in the lower reaches of the market, and...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - Trust price and NAV performance - Z-scores - Investment Trusts Handbook - Appendices
What's new this week It is gratifying to be able to report that the podcast has won another award, the Broadcast Journalist of the Year in the AIC's annual media awards. This is the second year running that the Money Makers podcast has picked up the honour. I would like to take this opportunity to thank my colle...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - This week's biggest movers - Z-scores - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week, I take time out to explore the debt sector with Twenty Four Income (TFIF), in the person of the chairwoman, Bronwyn Maddox and manager Aza Teeuwen. There is no avoiding some of the technical jargon, but we discuss how the trust has been able to produce consistent returns...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - This week's biggest movers - Z-scores - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week, Peter Hewitt, the recently retired fund manager, and I discuss the latest developments in the investment trust sector, looking at discount movements over the course of 2025, the prospects of further consolidation in the industry, the importance of yields and probable fut...
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Exclusive to subscribers to the Money Makers Circle Contents - What's new this week - Latest trust profile - Trust news over the past week - Recent issuance and buybacks - Good reads - Video reviews - This week's biggest movers - Z-scores - Investment Trusts Handbook - Appendices
What's new this week On the podcast this week, Andrew McHattie and I have one of our regular conversations about recent announcements from the investment trust sector. Trusts we discuss include Chrysalis (CHRY), Golden Prospect Precious Metals (GPM), Third Point Investors (TPOU), Dunedin Income Growth (DIG), PRS REIT...
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