Great post. Thanks for sharing 
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Thanks for sharing this. Worth bearing in mind Terry said the following in the interview:
If we get a really good company, we can get returns in excess of 10%. If we get a yield of 4% and a growth rate of 10%, we’ll get 14%, which should beat the index. It does not really matter if the yield is 1% and the growth is 13%, or if we get a yield of 4% and growth of 10%.
It’s a useful way to think about it. I think the 5% he mentioned is more of a goal than an cutoff, otherwise he’s ruling out potential “growthy” winners from his already narrow universe.
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Very good observation. Thank you.
Some analysts have being predicting a market plunge later this year or by the end of 2025 (e.g. here).
Are you preparing for a crash at all?
e.g. S&P 5000 crashes all the way down to 3,600 in a matter of days or weeks.
At present, the only significant measure for me is more cash at hand. Looking into other options, including taking yoga classes 
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Didn’t they say the same last year?
“(Gary) Shilling is known for correctly identifying the US housing bubble in the mid-2000’s, though most of his consistently bearish views over the past decade have yet to pan out.”
“Hussman is famous for successfully warnings about the 2000 dot-com bubble and the 2008 housing market crash, though his consistently bearish predictions since then have yet to fully materialize.”
“Rosenberg famously predicted the 2008 recession, but his consistently bearish economic outlooks since then have largely fallen flat.”
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July 5th will be a sad sad day when Labour are in power. RIP 
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I’m not politically partisan and I can honestly say that July 5th will be a truly truly beautiful day when this chorus of cow pats are out of power.
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all cow pats smell the same tho 
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Will the “F**k Business” era come to an end? We do hope so.
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Things have just been great up until now 
For you, and the asset stripping, public money robbing, lying and mendacious party you seem to support perhaps.
But for huge swathes of the country, it will be a case of good riddance to bad rubbish, and a hope for change to the good.
The country, in my 60 years on the planet, has never been in such a total mess as it is now. And I lived through the strikes and the power cuts of the 70s.
Already celebration parties being planned around here.
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I’m still astonished that people on an investment platform , who love capitalism want the socialist Labour Party in power and think it will be better 
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Maybe some of us don’t want to watch the country be run into the ground just to make a few extra quid in dividends?
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We all need to go back to internet school and relearn that “obvious troll is obvious”.
Political differences are real but then there’s also obivous baiting 
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Of course, increasing taxation of capital gain and dividends are socialist policies, implemented by labour governments during the last 15 years. Oh no wait…
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wait till labour take everything away from you and issue you with UBI …
fan tas tic
I think reading both main party manifesto’s will be quite useful in seeing which party is best for the markets (and possible even Lib Dem considering they recently pushed the Tories into third place in local elections - but I digress).
Although for a party traditionally known for their love of the stock market… AbCam, Arm, Flutter leaving the LSE and now maybe even Shell. On current evidence I’d say the only thing the Tories have to offer a capitalist is a headache.
Truss.
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