From the Record

Reader Question: What’s the secret to making ‘great’ investments?

Last week, I was speaking to a colleague about investing and why he’s not riding a Rolls-Royce when he spends so much time saving and investing. Once I’d stopped laughing at the idea of driving a Rolls (although I think they’re classy vehicles, I think they’re a horrendous misuse of capital!), I asked him what […]

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How to level the playing field when conducting negotiations via phone

Attempting to conduct a negotiation over the phone is never an ideal scenario. Whenever I’m negotiating face-to-face with someone, I’ve got more control of the situation – I’ve usually got a team with me and can physically see the other side of the negotiation to gauge their responses and reactions to my suggestions. When I’m

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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.