Money & Markets
Personal finance and investing in plain English

Management is everything in small-caps. Here is how to assess it
In small-cap investing, management quality is not one factor among many — it is often the deciding one. Here is…

Why the City was never built for the private investor — and what to do about it
The City of London was built for professionals. Understanding the structural disadvantages facing private investors is the first step to…

Thematic investing — how to invest in trends
What thematic investing actually means, how thematic ETFs work, why timing is the biggest risk, and how to use themes…

Liquidity challenges and market volatility in small-caps
Liquidity is the most underestimated force in small-caps. Why the chart never tells you what you can really sell at.

The coffee houses that built the City — how London finance began over a hot drink
Before the Square Mile's towers, London's financial markets lived in chaotic coffee houses. Here is how Jonathan's became the Stock…

Pound Cost Averaging Explained
Pound cost averaging is one of the simplest investing strategies available. Here's how it works, why it helps and how…

When venture capital meets the public market: what investors need to know
Venture capital-backed companies don't come to market because they're ready for you. They come because their backers need to exit.…

Penny Shares: The Attraction and the Danger
Penny shares promise huge returns from tiny prices, but low liquidity, wide spreads and pump-and-dump schemes make this one of…

The role of management in small-cap success
In small-cap investing, management quality is the most important variable in the investment case. Here is how to assess it,…

How to trade around takeover announcements — and what the professionals know that you don’t
Takeover bids are announced to the public, but the smart money is already positioned. Here is what private investors need…