Investment briefing
To The Lighthouse
‘Where the race is quickest the tide runs strong’ (Runrig, 1995).
Investment briefing
Katana & Wakizashi
Once again, the price of bitcoin is on the tear, encouraged by the launch of SEC-registered exchange traded funds, led by BlackRock’s iShares Bitcoin Trust. That, a cap on interest rate rises (making risk assets more attractive versus plain old cash) , the ubiquitous ‘halving’ event (which cuts the reward for mining Bitcoin transactions in half, artificially reducing new supply at roughly four-year intervals) and rumours of potential Russian sanctions dodging, have propelled the cryptocurrency to new highs.
Investment briefing
When Jane Austen wrote ‘Pride and Prejudice’ in 1813, an annual income of £10,000 compared to an average salary of just over 30 pounds. In today’s money, Mr. Darcy’s annual income would have been £10 million. No wonder Mrs. Bennet was so excited!