Tips by James Montier

I was surprised to read even smart people like [Princeton economist and New York Times columnist] Paul Krugman say oil couldn't be in a bubble because...
One of my clients has only one Bloomberg terminal in his office, sitting in the corner, and people get ridiculed when they use it too often. His point...
Pilots do the same thing thousands and thousands of times in their lives, but they still go through the physical pre-flight checklist to eliminate...
Sir John Templeton had one of the best methods for keeping emotion out of the process. He used to do his calculations of intrinsic value when there...
I have no idea where the bottom is. If I did I wouldn't be invested at all today and would then be fully invested when the bottom came. The...
People suffer from an illusion of control, that even if things do go wrong, they'll be able to sort them out. A lot of the modern risk-management...
One of the economists who has heavily influenced the way I think is Hyman Minsky, who always said, “Stability begets instability.” The very idea...
We just don't see what we're not looking for. We're governed by our recent experiences and don't actually ponder the bigger picture very often. Just...