For about seven years in the early 1990s I was a Name at Lloyd’s. It conferred privileges and obligations. Among the former, being able to use the Members’ Writing Room to sleep in at lunchtime. A tedious obligation was to write a cheque annually in my first few years to pay my losses.
Category: Business
Investment Themes
I have been reflecting on my criteria for investing my savings and how they have changed over the years. To begin with I was a pure stock picker, choosing companies on the advice of friends, relations and a stockbroker. I then had a eureka moment when I realised that it would be more rational to… Continue reading Investment Themes
A Tale of Two Banks
Safety Play
The Sloane Club
I have a friend who roosts at The Sloane Club when she is in London. It is conveniently located in Lower Sloane Street just a biscuit’s throw from Sloane Square and Peter Jones. Quick digression; Margaret Thatcher set great store by living near Peter Jones and for many years had a house in Flood Street.
Are Brokers Human?
When I lived at Barmeath I was a young dabbler in the stock market using my grandfather’s broker, Dudgeon, in Suffolk Street, Dublin. They were an old-fashioned firm whose partners were all known to my grandfather as friends or relations. On important occasions such as the Irish Derby there would be no partner in the… Continue reading Are Brokers Human?