Every August brings complaints about A-levels. The latest suggestion is that there should be a single national awarding body for schools examinations. This idea has been around for years: Michael Gove, for instance, considered nationalising exams. Complaints mainly seem to focus on the unreliability of results (manifested by high numbers …
Read More »Momentum recovers
Momentum investing has begun to pay off again. In the second quarter my no-thought momentum portfolio (which comprises the 20 biggest rising stocks in the 12 months to March) rose by 4.3 per cent. In itself, this is only slight outperformance of the FTSE 350. But it is significant. Last …
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