Nickolai Hubble

Japan’s defence stocks get back their license to kill

Seven years ago, we called Japan’s rearmament and named 10 stocks to watch. This week, something changed. Japan just fired the starting gun.

A devalued economy of a devalued country

It’s the neighbourhood barbecue next week. I’ll have to try and explain what a financial newsletter is… again. But how would the UK fare? Even worse.

What does China know that we don’t?

China’s oil hoarding may be a signal for a longer game than the West expects.

A world full of Trumps would trigger political stalemates and a mining boom

Since his rise to power, President Donald Trump has wreaked havoc on the stock market. In both directions, to be fair. What if the chaos spreads to other countries?

How my mum thrashed my investment track record

My mum passed away on Thursday. She leaves behind all sorts of legacies. One of which is a truly exceptional investment track record. How did she do it?

The secret to a lasting marriage and profitable portfolio is the same

Always invert. Instead of trying to figure out what to seek, think about what to avoid. Success follows when you avoid the pitfalls.

Deflation is your enemy now

In today’s issue: How can you have a financial crisis when the central bank will print money? What central bankers will get wrong this time…

Debasement of the golden rule leads to geopolitical chaos

Western philosophy has changed radically. “Do unto others as you would have them do unto you,” became “do unto others before they can do unto you.”

Too many monsters to destroy

Trump promised to bring back John Quincy Adams’ foreign policy: go “not abroad in search of monsters to destroy.” Now the monsters are destroying him at home.

Why the Yogi Berra portfolio works so well

Yogi Berra’s best yogi-ism applied to investing: “It’s not what the markets don’t know that makes you money. It’s what they know that just ain’t so.”

Net zero is done for. But what’ll replace it?

Our government punted on the transition to renewables working out. It hasn’t. But as doctors will tell you, detransitioning won’t reverse the damage done.

Who is swimming naked this time?

Financial crises rarely hit hardest where they begin. The real question is who was relying on a crisis not to occur. So, who is most vulnerable today?

Is AI warfare the next big defence stock opportunity?

Drone stocks were top performers thanks to the war in Ukraine. Now we need to ponder whether AI has created the next big opportunity in defence stocks.

How AI will save us from net zero

For years I’ve been wondering how the UK’s political class will weasel their way out of net zero. Now we know. AI gives them an honourable way out.

What the fracking boom reveals about the AI boom’s 1000% club

Ten-baggers are rare. Stocks don’t go up 1000% without a reason. It takes something special. And that special something is beginning in one small corner of AI.

Gold is up but not out

The gold price left the stock market for dead. But after decades of outperformance, is it finally time to sell your gold? Not if you use pounds to buy it.

Volatility, for lack of a better word, is good

Gordon Gekko’s infamous “greed is good” speech has become an idiom. But have you ever listened properly? Not only does he have a point. He was right.

The price of chaos is investors’ profit margin

If you had gone into hibernation two weeks ago, the value of your gold would be the same today. Yet gold investors have had no sleep for two weeks.

Japan is back. For better or worse?

Japan’s iron lady now has a supermajority. She plans to amend its constitution. But it’s far-away investors who could pay the price for her ambitions.

It’s time for investors to believe in six impossible risks before breakfast

Stock market crashes happen. But what investors should really fear is a risk they don’t see coming. Sometimes, they don’t even know it exists.