Author Archives: Eugene Kiernan

First of all the whole goat thing and the “getting of”. They say it had to do with the practice of putting a goat in a stable with an unruly horse, and the goat would have a calming influence on the horse before a race the following day. So if the goat was stolen, theContinue reading “That gets my goat”

I read again an interesting piece from Oliver Wyman and Morgan Stanley from earlier this year (2017) on the asset management industry, basically saying that for fund managers the world “had been turned upside down”. You know the arguments – income falling (increased competition from lower margin products, increased transparency), with costs rising (increased regulatoryContinue reading “Is this a good time to be an Investment Manager?”

  This time of year you often get called upon to write or contribute to pieces for newspapers or magazines reflecting on the investment out-turn for 2017. Papers tend to use these in those slack days between Christmas and New Year. It looks like 2017 was in fact a great year for stocks but maybeContinue reading “Money’s too tight to mention (Simply Red 1985)”

Here we go again. It’s that time of year. The so called festive season is nearly upon us. We may not do all the pagan rituals that marked this bleak mid-winter time in the past, but we do like the ould bit of ritual all the same it seems. Soon the TV crews will decampContinue reading “Tis the season to be……….”

Yup that’s what the Irish Times said this morning; so it must be true.   And on a Saturday morning as well – just to set the week-end off to a good start. If I was heading to my club downtown, or a dinner party in the Hamptons, it would be the subject du jour.Continue reading “Beware: stock markets could be heading for a crash”

So anyway there I was listening to Morning Ireland, and this chap, who used to be big name in the ESRI, giving their highly thought of views every quarter, garnering acres of media coverage and attention, but now he’s saying “I’m not in the forecasting business anymore so I don’t have to pretend that IContinue reading “At least I don’t have to pretend anymore”

It was a Sunday evening in August way back in 1993. I was stood in that cauldron of emotion, United Park, where Drogheda United were playing Blackburn Rovers in a pre-season friendly. Blackburn were on the verge of greatness at that point. The first half was scoreless, which was a very good performance from DroghedaContinue reading “Alan Shearer was one”

    “I don’t subscribe to labels. Unless I’m labelling other people” *   I met a US Equity fund manager in Dublin last week who told me about a “once in a lifetime” opportunity for his style of investing. In fairness to him, he did say that he had been through town almost exactlyContinue reading “Penneys or Louis Vuitton?”

Wise words I got from a wise person and she got them from Samuel Beckett, but she dances and thinks and I struggle with both. So anyway this is a bit of a grand jete for me into a world where I probably don’t belong but you’ll have to deal with that. All my workingContinue reading “Dance first. Think later.”