Nickolai Hubble

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.

Why the UK stock market is junk worth buying now

Even scrap metal can be worth buying,if it is cheap enough relative to virgin steel. UK stocks have hit that level. They are dirt cheap relative to the US.

We are the weakest link, goodbye Japan

Financial crises rarely cause a panic where they begin. Instead, someone else entirely goes belly up. Usually they’re in another hemisphere altogether.

Investing isn’t gambling, but…

Losses are capped at zero. Gains aren’t. That imbalance creates one of the most powerful advantages in investing.

Investing’s law of relativity: the oscillation of everything

Investment assets oscillate. Buy what’s underperformed, avoid what’s crowded, and let the laws of physics do the rest.

Four academic theories that turn investors into billionaires

Investment strategies based on academic theories have a miserable reputation. Sometimes they even blow up financial markets. But what if you combine them?

Stocks aren’t buying the silver spike anymore

Mining stocks usually amplify gains in the commodities they produce. That link has broken down for silver. What is the market signalling?

Trump’s Own Liz Truss Moment Is Here

Government bond markets are on life support. The Trump–Powell clash risks pulling the plug — and UK investors need to understand what comes next.

Turns out the monetary system is a weapon after all

While conspiracy theorists and privacy campaigners panic about banking with the Bank of England, President Trump has something far worse in mind…