Money & Markets
Personal finance and investing in plain English
The Alchemy of Biotech: Small-Cap Life Sciences Explained
Biotech small-caps have no revenue, binary trial results, and enormous valuations. Here is how clinical-stage drug development actually works and…
Market Makers: Who They Are and How They Affect Trades
Market makers sit at the heart of every share trade. Understanding how they profit from the spread, and what it…
The Players: Private Investors, Institutions, Market Makers
Who is actually in the stock market and what are they doing? From private investors to pension funds, hedge funds…
Oil and Gas Small-Caps: How They Really Work
Junior oil and gas companies offer genuine asymmetry. One drill result can move a share price fifty per cent. Here…
Life after the leap: what happens when a small-cap scales
Growing fast is the dream. Staying intact while doing it is the hard part. What really happens when a small-cap…
City Analysts: What They Do and Whose Side They’re On
City analysts issue buy and sell recommendations every day. But who are they really working for, and what should a…
What Is the Secondary Market and Why It Matters
The secondary market is where shares trade between investors, not companies. Here is how it works, why liquidity matters, and…
What is a P/E ratio and why does it matter?
The price-to-earnings ratio is one of the most quoted numbers in investing. Here is what it actually means, when it…
How to read a mining company’s exploration results
Mining announcements are full of numbers that can mislead. Here is how to read drill results, resource estimates, and what…
The City Spin Game: How PR Shapes Company News
Before you read a word about a company in a newspaper or on a financial website, a small army of…