In our environment where data and mental processing is more plentiful, is intuition less valuable? I argue the opposite is true, although I have changed my view on the value of intution over time. When analysis is cheap, the scarce thing is knowing which questions are worth asking and where to spend your energy. What is intuition? "Intuition is nothing more and nothing less than recognition." - Herbert Simon In Simon's definition, a situation provides a cue, the cue unlocks s

The future of Britain is wide open. With three parties close in the voting intention polls and a very tight Left/Right split 46% to the Right (Con+Reform+Restore) and 50% to the left (Lab+Lib Dem+Green+SNP) the competition for ideas is alive and well. Party conference season is noisy. Had you been relying on clickbait, the two divisive debates came from the Green Party, “Is Zionism Racism?”, and “Englishness” debate from Reform. I have tried a different approach to conference

"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