11 comments on “The Professor’s latest briefing

  1. Gotta love Ritchie:

    Murray Maclehose says:
    May 8 2018 at 10:33 am
    Anything by Milton Friedman, or just watch his simple explanations on youtube.

    Reply
    Richard Murphy says:
    May 8 2018 at 11:34 am
    So long as you appreciate just about every element is based on falsehoods

  2. Commodities
    Futures
    Metals
    Insurance policies
    Derivatives
    Forex

    And that’s just off the top of the head.

  3. Classic Cars, Coins, Stamps, Watches, Jewelry, Antiques, Trees, Memorabilia….
    ….speculating that anything will increase in value above RPI over time.

    The Cartier & Rolex watches and the 964 are now worth far more than I paid for them.

  4. He doesn’t even include the post office savings stamps or premium bonds… Etc

  5. No 5 is “alternative investments” which covers everything else. Of course, that leaves a big question – why has he omitted cash?

    The normal categorisation is 1 cash, 2 fixed interest, 3 equities, 4 Property, 5 commodities, 6 Alternatives (including Derivatives)

  6. “Direct ownership” of a business is simply owning 100% of the shares in it, is it not?

  7. So long as you appreciate just about every element is based on falsehoods

    At least the Great Tuber has learned to defame people who are actually deceased.

  8. @ Chester Draws
    That is included in category 6 which covers everything not included in categories 1-5.

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