From the editor...

“America has progressed from infancy to senility without passing through a period of maturity.” So said a character in one of Ian Fleming’s short stories in 1960. He was wrong then – or, was he, as so

A few years ago we kept hearing that the average human attention span had dwindled from around 12 seconds to eight, less than the average goldfish’s nine. The statistic rang true to me, given our endl

From Small Acquisitions to Giant Shareholder Returns Oddbjorn Dybvad, Kjetil Nyland and Adnan Hadziefendic The Book Press, £24.99 C onglomerates have developed a bad reputation. Owning a sprawling col

Paying tribute to more than 26 years of insights, ideas and analysis

The run up to the Budget in November has already been dominated by headlines about a “meltdown” in the bond market and a yawning “£50bn” black hole that will have to be filled by more tax increases. S

“Dr Pangloss, welcome to Wall Street,” says Randall Forsyth in Barron’s. Voltaire’s “oblivious optimist” would feel right at home as stocks in the US and Asia hit record highs, even as Russia sends dr