the Young Ones

1548 days ago

United with Big Nose as mask rebels but surely she is (w) Rik? More and more of us are becoming (w) Rik

Big Nose and our daughter Olaf are on the train to her mother in West Wales and I am on the phone to the latter. She has a medical exemption and is a proud non-mask wearer. We agree that it is rubbish. Her mother shouts over that she is also a rebel. This top City lawyer goes round M&S not only not wearing a mask but also heading the wrong way on the social distance arrows trail.

3243 days ago

Tom Winnifrith Bearcast 5 January - Odey gets fingers burned badly on Home Retail - remember the Young Ones?

Apparently when going short of Home Retail (HOME) uber-posh fund manager Crispin Odey made some fairly nasty comments about poor people (aka folks who buy shares in David Lenigas companies). Well he has been burned today and that reminds me of a classic episode of The Young Ones (see below).  I reflect on why shorting is a bad risk reward play and what that means and also on the idiocy of buying by following fund managers. I mention Tungsten (TUNG) and Allied Minds (ALM) in this respect. Elsewhere I ponder Totally (TLY) and the wisdom - in this case - of Wildes and then Greka Drilling (GDL), Evocutis (EVO) and Golden Saint (GSR).