Jon Moulton the head of private equity firm Alchemy Partners says he's been around a long time, in fact, he says that he started out before there was such a thing as private equity. Here he chats about his life, his wine making and, of course, private equity. He says the UK is facing very tough times with recession a real prospect.
Softly spoken and charming, James Caan is one dragon you probably would want to meet on a dark night. He is one of BBC entrepreneur show Dragon's Den's dragons. He really is as nice as he comes across on the telly and refutes the idea that any of the other investors acts up for the camera.
Which brings us to Deborah Meaden. Is James telling us that she's really that scary? 'Deborah's a tough cookie', he smiles, 'she doesn't negotiate where as I might be more flexible.'
Binu S. Thomas
November 14, 2008: In a recent New York Times article famed investor Warren Buffet said a simple rule dictates his stock market decisions: “Be fearful when others are greedy and be greedy when others are fearful.” The Oracle of Omaha indicated he had begun to buy stocks as other investors had become very fearful. Unfortunately Mr Buffet has lost some $10 billion in stockvalue since he wrote that article and his Berkshire Hathaway has crashed through the $100,000 a share mark.
This writer will submit that it is time to throw all conventional market wisdom and investment principles out of the window. We are faced with an extraordinary crisis, like none seen even by such a veteran investor of long standing as Warren Buffet. This is one crisis where past market behaviour during a crisis clearly pales into insignificance.
Spread betting companies provide customers with much more than the ability to be able to bet on the price movement of Vodafone or any other FTSE 100 constituent. However, my experience of working for a spread betting company is that most customers stick to betting on big UK listed companies. This is hardly surprising, for a UK based investor, the large FTSE 100 constituents are well known.
Binu S. Thomas
November 1, 2008: If October was a disastrous month for stocks, it was an equally torrid period for currencies. Both the dollar and the yen appreciated against their peers at a monthly rate not seen in years. For a global economy tottering on the brink of recession the sharp rise in currencies of the world’s two largest economies is bad news indeed. What it means is that exports from Japan and the US, the two main engines of the global economy, have become signficantly more expensive. This will only curtail demand for a whole range of commodities and services from the rest of the world and further damage global growth.
Floating a proposal through a controlled leak has been one New Labour’s strongest weapons in its armoury of spin. Unfortunately, last week it came spectacularly unstuck following suggestions about a possible Stamp Duty holiday.The problem created is that the floating of the idea has now paralysed the property market, which was already on its knees.
BTG (BGC) Breaking out on good news flow will be looking to top up when I get a new signal.