Tom Norman

@F15JCM Is this in the highway code or can I just drive across it at will?

Taxpayers are far too restrained

@JamieCDubya Look forward to it. So far for me all that the LLMs have done is reveal what mimetic slop most human thought actually is, but move 37 in game 2 of the Lee Sedol / AlphaGo match showed what AI is actually capable of.

Tomorrow, I will be releasing a book erview of The Infinity Machine by Sebastian Mallaby. Spoiler alert, I think it is a must read for just about anyone. It tells the story of Demis Hassabis, who will one day go down as one of the most consequential humans ever to have lived

@Whole_wit In fact I've only held gold and commodities in this tranche of the portfolio for a couple of months. Interesting thing is that it's dropped all other risk assets.

@plaste That's a confirmation of your tactics!🙂 Impressive!

For part of my portfolio I run a Tactical Asset Allocation strategy (see allocatesmartly.com for ideas). It's now invested enitrely in gold and commodities. Surprised me how well these have performed long term.

Bloomberg commodity index constituents:

@Whole_wit @DonaldPond6 I read US as United States, which rather proves your point.

@DonaldPond6 Beautifully expressed! One man's bias is another man's belief. The root of ALL our problems is US.

At heart, the combination of the Iran war and X proves conclusively that most people can reach a confident conclusion based on insufficient evidence and pre-existing biases well with the 140 character limit.

@JohnRosier @Osint613 🤣🤣

@Osint613 Does that mean Trump isn't making a mistake?

The Cover of the Economist. “Never interrupt your enemy when he’s making a mistake.”

@arthistorynews @Ed_Miliband I would imagine the majority of heating oil users vote Tory.

@Ed_Miliband Fuel oil here up by more than 100%.

From today, energy bills will fall by 7% for families across the country. We took the decision in the Budget to ask those with the broadest shoulders to pay their fair share, and today we see the result of that. Vital cost of living support delivered by this government.

@ExpectingValue The housing market is a complete mystery to me. Everyone saying there's a shortage of housing but real average house prices back at 2003 levels.

To add to the chorus: Berkeley #BKG remains admirably candid and disciplined. it is a terrible signal that they - the major housebuilder most aligned with supposed policy direction - cannot make building work investegate.co.uk/announcement/r…

@rhomboid1MF Tell me you know a gangster without telling me etc etc

#WSG One of the more colourful RNS’s you’ll read today investegate.co.uk/announcement/r… ..a sample

@Rudy65uk @F15JCM If we look at 6 months then 66% with an average return of 21%. It's a work in progress but certainly beginning to confirm all the research I've seen. Stockopedia have a good summary here: stockopedia.com/academy/articl… (need to click The Smart Money Playbook link).

@plaste @F15JCM How many result in share price upturns?

I've been tracking director's share purchases for the past 15 months or so and, despite the backdrop, last week was one of the busiest I've seen.

@PictureSporting The Mandelson dressing gown doesn't help.

There was a certain innocence about advertisements in the 1970s ...

@immi_croissant @reb40 Market nearly always tests a low.

@reb40 It’s a question: what is market signalling with continuation of share price given an already -50%+ fall? Why is it continuing to fall? It’s too simplistic to say it’s a market over reaction.

#GDWN to be delisted?

@F15JCM @DailyMail @peteratcmc Worth reading Henrich "The Weirdest People in the World" to see how cousin marriage undermines social institutions.

@DailyMail @peteratcmc It should be banned on medical grounds. No further justification is required

Tories are looking to ban cousin marriage 'to improve UK social cohesion' trib.al/FvPi1Wn

@TheSecretAcct @RoseEdmunds @GeoffreyBoycott Agree with you both but think we may need a bit of a rethink about income distribution - and that is never easy.

@RoseEdmunds @plaste @GeoffreyBoycott Med Tech should be a good investment sector!

“Oh but it’s different this time” say the bears. No it’s not. Build compounding wealth slowly by small regular investments over time regardless of the economic conditions. Be the @GeoffreyBoycott of investing. Straight bat. Time at the wicket. Consistent. Picking up singles over time. Be defensive most of the time. Take rare opportunities for fours or sixes. Your score/wealth will build. Don’t be out for a duck trying to time the market or invest in the latest current hyped stock.

@RoseEdmunds @TheSecretAcct @GeoffreyBoycott I'm 61 but even an ageing pop is problematic as shares get sold for income, less borrowing for property and presumably higher taxes. Some research seems to support this, but nothing conclusive: morningstar.com.au/markets/are-de…

@plaste @TheSecretAcct @GeoffreyBoycott An interesting question. I read somewhere it’s projected to grow for at least 50 years. Don’t know how old you are, but that’ll do for me!

@rhomboid1MF I've seen this before a couple of times - I think the shareholder base changes as the story becomes more obvious and the johnny-come-latelys are also the first to leave. Still a great investment though.

It’s Saturday…I’ve had a steak supper..and my thoughts turn to volatility..mainly because my paper net worth ~ halved this week & it feels appropriate to dwell on that. I run an insanely concentrated portfolio…basically 80%* #GDWN on Monday this RNS landed investegate.co.uk/announcement/r… Confirming they’d doubled profits YoY …but with a smorgasbord of additional negatives that implied bad stuff potentially occurring I believe that was intended as a nudge that perhaps the valuation was a touch giddy…& I always appreciate a mgt team that wants to soft pedal stuff ..the market reacted inappropriately imho I remain embarrassingly over weight in what I believe to be one of the best growth stories listed on the LSE *prevously 90% PPS I’m back at September 2025 Portfolio Value

@captain_mrs numberwang = rum ben

the cryptic crossword is an extremely british coded cultural pursuit because it is about inferring and operating based on a set of complex, hidden but completely prescriptive rules. I've landed on "person explaining cryptic crossword clues" TikTok, where the presumably international audience in the comment section is completely dumbfounded because the rules are so odd but completely deterministic - you can't just do whatever you like, it literally tells you what to do - but to the outsider it looks like numberwang