If we are going to tell people what to wear, maybe we should ban men in suits

Boris Johnson has come under fire this week following his comments that women wearing burkas "look like letter boxes" and "bank robbers".  The former Foreign Secretary launched the bizarre tirade in his Daily Telegraph column and has since refused to apologise for his "liberal" views. As Lord Pickles rightly pointed out shortly after, "if he is wanting to open up and defend liberal values, then the sensible thing is not to use illiberal language".  But if we are going to tell people what to...

Strategic Equity Capital – Confident despite short term setback

Strategic Equity Capital - Confident despite short term setback After a strong period of performance in 2017, when Strategic Equity Capital (SEC) beat a strong small cap index by 6%, 2018 has proved more problematic. Short-term performance has been impacted by stock specific price weakness within SEC’s concentrated portfolio (see pages 5-6). SEC’s managers are long-term investors, however. They have confidence in their portfolio, based on 3-to-5-year investment theses, and bought shares in the trust throughout Q2 2018, now owning around 4%...

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