Picked up some kratos defence $ktos thanks to buddy @AuclairCapital for raising the flag here. After some weekend research I made this 3% of pf on an ok morning entry.
Doom loop continues for HMG.
Nailed businesses with their last budget, terrified anyone with any ambition to further themselves, & now wondering how they can do it again without same result.
UK long-term borrowing costs hit highest since 1998 ft.com/content/ca7c4c… via @FT
Rebuilt main portfolio, appreciate a few popular names in there. Themes I am running with is bullish outlook for stocks, sticky inflation, against a backdrop of pressure to cut rates. Bit of "defence" in there as well as hedge to a bat shit world.
Of all the kites that have been flown, this one will probably stick in the budget.
Everyone hates banks, and people will be too thick to think about their pensions.
City fears mount that Budget will target banks to help fill £20bn fiscal hole on.ft.com/4pd0h2y
Kilmarnock have been forced to delete a new signing post and video because some sad and pathetic grown “men” thought it was cool to make comments on her skin condition on what should have been the happiest day of her life, signing her first professional contract 😢
Happiness has…
This is absolutely spot on. Even having a 50% "win" rate in trades can still be profitable, as long as you can cut losers and run winners. Running losers is where you blow the account. We've all done it.
This is absolutely spot on. Even having a 50% "win" rate in trades can still be profitable, as long as you can cut losers and run winners. Running losers is where you blow the account. We've all done it.
People think good decision-making is about being right...It’s not. It’s about lowering the cost of being wrong & changing your mind. When the cost of mistakes is high, we’re paralyzed with fear. When the cost of mistakes is low, we can move fast and adapt. Make mistakes cheap,…
“But now we know the costly truth, having dragged the figures out of Government, kicking and screaming, through a freedom of information request. It’s an mind-blowing £35bn.
That’s almost double the entire annual policing budget. Ten brand new aircraft carriers, 70 hospitals or a…
“But now we know the costly truth, having dragged the figures out of Government, kicking and screaming, through a freedom of information request. It’s an mind-blowing £35bn.
That’s almost double the entire annual policing budget. Ten brand new aircraft carriers, 70 hospitals or a…
Imagine paying £35 billion for someone to take sovereign territory off of us 🤦🏻♂️🤢
Obvious solution to stop shit like this happening would be a general strike, or else everyone stop paying taxes of all forms in planned unison, until the government falls.
telegraph.co.uk/politics/2025/…
A prediction:
The UK state pension will be means tested.
So those that have been responsible and saved for their retirement will receive less than those who didn’t.
It may not be fair - but that’s where it’s going.
Changing SIPP provider and moving a 90% from workplace pension to AG Bell, past few days taken the opportunity to flatten a lot of commodity uk share holdings to make the transfer easier. Want far less exposure to UK companies going forward. Looking forward to rebuild.
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