Our focus at Tacit has always been to generate ‘real’ returns for our investor clients over the medium to long term. Achieving this requires an understanding that generating positive real…

Local maps tell a story. If you open a map produced in Britain, there we are, right bang in the centre of the world. Open a map in Australia and…

The term AI (artificial intelligence) Has become one of the most searched for terms in Google searches globally over the past 12 months. This general increase in interest in AI…

Do you believe in God? Whether you or do or do not, the seventeenth century French mathematician Blaise Pascal argued that you should, in what has become known as Pascal’s…

There was a moment in the mid-1980s when the growing demand for financial futures was such that the Chicago futures market couldn’t build the open-outcry trading areas fast enough to…

A monkey randomly hitting computer keys for an infinite amount of time will in due course reproduce all the works of Charles Dickens. This monkey would also type everything written…

Investor sentiment often fluctuates as financial markets oscillate through the elation of good times, (when investment returns are abundant and easy to come by), or the pain of bad times…

This week we had our quarterly investment conference where we review global macro-economic data with a view to gauging the impact of emerging economic trends on our investment strategies. One…

Anyone who restricts their outlook on the economic outlook to news flow in the UK is likely to have a sense that recession is just around the corner or may…

Ever since the financial crisis of 2008, banks have been an easy target for many commentators, including us at times to be fair, when we talk about the ‘risks’ that…