Money and Finance
- Dylan Grice: Witch Hunts, Inflation Fears, And Why I’m Bearish In 2013
For someone who started his remarks proposing to “kill all the economists,” Dylan Grice can wax surprisingly sentimental, with a fresh, human take on monetary policy that leads him to some worrisome conclusions. Making a case for gold, cash, and other...
- Ft Alphaville’s Christmas Podcast: Dylan Grice
Found via The Big Picture. David Keohane and Izabella Kaminska are joined for FT Alphaville’s Christmas podcast by Dylan Grice, until recently part of Société Générale’s global strategy team, to discuss the economy in 2013, robots, patents, inflation...
- John Mauldin's Outside The Box - Popular Delusions: The Bull Case For Safe Havens
For Grice’s previous piece, see HERE. A month ago in Outside the Box, Dylan Grice made the case for the need for safe havens, due to expansive monetary policy. But what is a safe haven anymore? In today’s piece, a follow-up to last month’s, Dylan...
- Socgen's Dylan Grice Thinks These 5 Books Are Must Reads
We're hugefans of Societe Generale's Dylan Grice. So when we got a hold of his"rainy day reading" list we just had to share it with you. ...
- The View From Socgen
JUST back from Societe Generale's annual strategy seminar, held in the west end. As usual it was packed; as usual it was a jolly affair (considering the gloomy message) with Albert Edwards wearing a floral shirt that he may well have acquired in the...
Money and Finance
Dylan Grice leaving SocGen
SORRY to see that Dylan Grice is deserting his strategist post at Societe Generale, where the team never fails to keep readers entertained. He is off to join an investment management firm as did his predecessor, James Montier, who is now at GMO.
His final piece, in typical style, invokes the cockroach, that consummate survivor, which follows the rule that a gust of wind indicates a potential predator and accordingly scurries off in a different direction. The cockroach has survived several mass extinctions, including the one that wiped out the dinosaurs. The calamities that affect investors occur when they herd into an asset class, as they did in equities in the late 1990s and as they are doing in government bonds today.
So Dylan prescribes a native diversification strategy for those who do not know what the future holds (which means all of us). A 50% bonds/50% equities split would have worked well over the last 20 years, but would have been disastrous in the stagflationary 1970s. So he suggests a four way split - 25% equities, 25% government bonds, 25% cash and 25% gold.
- Dylan Grice: Witch Hunts, Inflation Fears, And Why I’m Bearish In 2013
For someone who started his remarks proposing to “kill all the economists,” Dylan Grice can wax surprisingly sentimental, with a fresh, human take on monetary policy that leads him to some worrisome conclusions. Making a case for gold, cash, and other...
- Ft Alphaville’s Christmas Podcast: Dylan Grice
Found via The Big Picture. David Keohane and Izabella Kaminska are joined for FT Alphaville’s Christmas podcast by Dylan Grice, until recently part of Société Générale’s global strategy team, to discuss the economy in 2013, robots, patents, inflation...
- John Mauldin's Outside The Box - Popular Delusions: The Bull Case For Safe Havens
For Grice’s previous piece, see HERE. A month ago in Outside the Box, Dylan Grice made the case for the need for safe havens, due to expansive monetary policy. But what is a safe haven anymore? In today’s piece, a follow-up to last month’s, Dylan...
- Socgen's Dylan Grice Thinks These 5 Books Are Must Reads
We're hugefans of Societe Generale's Dylan Grice. So when we got a hold of his"rainy day reading" list we just had to share it with you. ...
- The View From Socgen
JUST back from Societe Generale's annual strategy seminar, held in the west end. As usual it was packed; as usual it was a jolly affair (considering the gloomy message) with Albert Edwards wearing a floral shirt that he may well have acquired in the...