The financial crisis: A foreshadow of the corona crisis

Historical analogies are a way for us to find our footing. ‘History doesn't repeat itself, but it often rhymes,’ they say. So it’s no surprise that the coronavirus crisis draws comparison with a range of historic events. Of all the available analogies, the financial crisis of 2008 seems to offer the best framework. But not for its steer on the economic fallout, rather for the spotlight it shines on our understanding of the virus itself...

Lehman Brothers Ten Years On: Reminiscences of a Hedge Fund Manager

September 2018 marked the 10th anniversary of the collapse of Lehman and the beginning of the crisis that it heralded. At the time I was managing an investment fund focussed on the global financials sector, and together with my colleagues, we were in the thick of it. Back in 2006 we had identified that something … Continue reading Lehman Brothers Ten Years On: Reminiscences of a Hedge Fund Manager