Sign in Subscribe

Charlie Morris

Charlie Morris

Bitcoin, Gold and Liquidity

Bitcoin, Gold and Liquidity

I had the good fortune to talk to Michael Howell, the MD of CrossBorder Capital, which he founded in 1996. Armed with a PhD in economics, time at ING Barings in the 90s, and Salomon Brothers in the 80s, he has become a leading authority on market liquidity. It is

The Opportunity in Airlines

The Opportunity in Airlines

Trade in Whisky; In this issue, I am going to look at the airline sector, where we are witnessing a post-pandemic travel boom that shows no signs of abating. Furthermore, the price of oil has stabilised, which is one of the most important factors for their profitability. Against that, we

Cash on the Blockchain

Cash on the Blockchain

ByteFolio Issue 93; President Nayib Bukele has been re-elected as El Salvador’s president with an impressive 85% share of the vote. Having imprisoned 2% of the adult male population, identified as gang members with their facial tattoos, the crime rate has collapsed, making El Salvador a safer place to

Does Government Debt Matter?

Does Government Debt Matter?

Since the 1970s, the almighty US economy has expanded at a 6% rate in nominal terms. With inflation averaging 3.8%, real growth has been around 2.2%, which isn’t bad for a juggernaut. The trouble is that government debt has been growing at 9%. Fifty years of compounding

Venture: Mid-Cap Communications

Venture: Mid-Cap Communications

Issue 17; Keeping in touch.

With the Bitcoin ETFs Approved, the Focus Shifts to Gold

With the Bitcoin ETFs Approved, the Focus Shifts to Gold

ByteTree BOLD Index Monthly Rebalancing Report; Following rebalancing on 31 January 2024, the new weights for the BOLD Index are 24.7% Bitcoin and 75.3% Gold. The Vinter ByteTree BOLD1 Index (BOLD) invests in Bitcoin and Gold. BOLD combines the world’s two most liquid alternative assets on a

Investment Trust Buybacks Accelerate

Investment Trust Buybacks Accelerate

Trade in Soda; Many of my recent recommendations in Soda have focused more on the discount to net asset value than the portfolio itself. Assuming the assets acquired are credible and diversified, the opportunity to purchase them at a price below their fair value is an opportunity too good to