eldritch.capital

some thoughts on investing. thesis for 2026 eldritch.capital/flickering-lan…

@GamewithDave Encarta Mindmaze. Goat 🫡

For anyone who used a computer between 1990 & 2005… what’s the one game you still think about?

@RollingHedge Great post and agree with the sentiment. BUT.... we should be thankful that at least UK households inadvertently built some net asset position. Compare with the median German - decades of economic outperformance rotting in Sparkassen.

UK resi property as investment remains a hot topic, with a lot of misinformation and misconception… 40% of British household wealth is locked in a single illiquid asset class that has delivered negative real returns for a decade. Prime central London down 25% from 2014. London BTL netting 3.4% while gilts pay 4.5% risk-free. Real wages up 2% total since 2010. Foreign buyers collapsed from 8% to 1%. The property-as-pension model relied on 7-10% annual capital appreciation. That’s over. What remains is an illiquid, high-maintenance asset that underperforms a government bond. Schroders found equities beat UK property over every time horizon from 5 to 30 years. Rathbones found £100 in London property in 2016 worth £111 by 2025. Same £100 in equities: £174. The UK ranks 15th of 29 OECD countries for financial literacy. A nation that put £4 trillion into one leveraged bet never had the financial education to question whether it was a good idea. Full piece: ‘The Clearing Price’ open.substack.com/pub/anglofutur…

Using Claude at work when others aren't feels like playing with aimbot

This is the perfect embodiment of 'rearranging deckchairs on the titanic'.

No house. No private pension. Nur sparkasse through a negative rate period

I can't get over how Germany was the EU's fastest growing economy for years, largest, super high savings rate..... but the median German's net worth is extremely low.

Farage is throwing. Clearly betting against himself on polymarket

@PolitlcsUK Own goal. Gg no re

🚨 WATCH: Nigel Farage calls for an end to working from home and the focus on work-life balance "People aren't more productive working from home - it's a load of nonsense. They're more productive being with other fellow human beings"

Musk using Culture novels as alignment model is sooo bullish. The utopian lodestar we all need

@izakaminska That DB email reads like a classic Nigerian prince scam! $1million Dollars per annum

Looks like Peter Mandelson set himself up with a $1m annual retainer from Deutsche Bank to be their man giving them access to "governments, families and corporations" on an international basis. But, also, he then reported the relationship to Epstein, who replied "good first step". Mandelson, seemingly wanted more positive validation and replied "That all you can say?!!" "Good petey, well done petey."