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I aim to respond to all emails within 24 hours, but this may take longer if I am travelling or having a busy week. I’m more than happy to engage with investors wanting to chat, and even if I can’t help you, I may know someone who can – so don’t hold back from asking!

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    Occasional notes on investing, process, behaviour and long-term capital stewardship.

    Capital Ledger is written for readers who prefer considered judgement over market noise. The newsletter shares new essays, journal entries and periodic reviews as they are published.

    No tips. No trading alerts. No noise.