"The future is uncertain. Correlations can change. The analysis is thinking about scenarios and risks and not getting false confidence from the past." – Simon Pilcher Whilst the act of making an investment is much celebrated in investment management, two qualities emerge in the conversations with CIOs, to help improve the precision and effectiveness of action - preparedness and patience. Information is no longer scarce. The constant flurry of updates on slow moving situations

“I don’t know who the winners will be and quite possibly the winners might not even exist yet.” - Richard Tomlinson Chat about AI is everywhere. Not joking, but I recently went to a meditation seminar called “Staying Grounded in an AI world”. This topic is rightly getting plenty of attention in investing too. In a field as dynamic as AI and investing, conclusions quickly become stale, so please tell me where you disagree. On the CIO Chair podcast, where Sean Thompson and I in

"Our constitution is called a democracy because power is in the hands not of a minority but of the whole people." - Pericles When we hear the word 'democracy', we think of electing representatives who are affiliated to a political party. Yet for much of history it has not been that way. The concept of democracy is to hold governments accountable to the people. People are in favour of that, but politicians and parties are not held in similarly high regard. [Chart of popularit

The end of labour is to gain leisure.” Commonly attributed to Aristotle Whilst my recent blogs have been about decision-making, politics and different ways of thinking about things, this topic has come up so often in conversations with three different sets of friends that I felt I had to explore it with you all. Here is the scenario. It is 2030 and someone has finally produced a multi-functional household robot. It is more capable than a robotic vacuum cleaner and not restric

“Opposites are complementary.” - Niels Bohr In investing as in life, labels are useful in small measure but potentially fatal if abused. Many labels are no more than marketing slogans, or some are pejoratives designed to diminish the other side. More importantly, labels are simplifications. They create neat black and white categories whereas reality is messy and full of grey. Investing examples will always come first for me. There is no magic line between "defensive" and "gro