China’s Long-Term Strategy vs The West’s Civil War and Short-Termism While the effectively bankrupt West is tearing itself apart and undermining its society, economy and science, China is not just getting on with it, but forging ahead. A good starting point in understanding what is happening now, with all the…
Read MoreIn August, the Fund had a slightly negative performance of 2.5%, after positioning itself for a QE3 announcement of then unknown timing. The Fund’s overall constructive positioning, however, was of modest proportions, with only a 62% net long exposure, i.e. quite a low “long bias” by the Fund’s historical standards.…
Read MoreDrawing by Niyaz Karim Just before the start of the recent G20 summit in Los Cabos, Mexico, economists at the Brookings Institution announced that policy paralysis was hitting the global recovery. This news, while true, is far from shocking. The markets have been complaining for years now that both the…
Read More