A Different Perspective

In this extended episode, Nick Searle speaks to William Green, Author of Richer, Wiser, Happier: How the World’s Greatest Investors Win in Markets and Life. William also hosts a podcast, the Richer, Wiser, Happier podcast. Over the past twenty five years, William has interviewed many of the world’s best investors. He shares insights from his career and the best advice he has received from the greatest minds in finance.

William's book choice was Zohar - get a rare copy or a paper back and read William's book Richer, Wiser, Happier: How the World's Greatest Investors Win in Markets and Life

View the ‘A Different Perspective’ Reading list. 

In this episode, Nick Searle speaks to Bobby Vedral, Partner and Portfolio Manager at Toscafund Asset Management. Bobby has over 20 years of financial market experience. Prior to Toscafund was a Partner at Goldman Sachs and worked at UniCredit/HVB and Deutsche Bank. He is the author of the macro-political newsletter, MacroEagle.

Bobby shares insights on his strategy for the past decades, his views on the current market, how high interest rates will alter the strategy going forward and his views on cryptocurrency. 

Bobby's book choices were two books by Henry Kissinger - Diplomacy and World Order

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

In this episode, Nick Searle speaks to Barry Norris, Founder of Argonaut Capital Partners.

Argonaut Capital is a specialist equity fund management company based in London, managing both long only and long/short equity funds. 

Barry talks us through his journey to starting his own fund, explains what motivated him to create a documentary titled ‘What have fossil fuels ever done for us’ and why he is sceptical about renewable energy sources.
Watch Barry’s stockumentary or subscribe to his podcast on the Argonaut website.
Barry's book choice was The Moral Case for Fossil Fuels by Alex Epstein. 

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

In this episode, Nick Searle speaks to Tim Steer, former top-ranked UK fund manager and author.

Tim started his career as sound engineer to the stars – touring with the likes of Meat Loaf, Diana Ross, Leo Sayer and Thin Lizzy.  

He then qualified as an accountant before moving into investment analysis and fund management, becoming one of the most highly rated fund managers in Britain. Since 2000 he has also written regularly for the Times and Sunday Times, as well as contributing to the Financial Times.

Read more from Tim by purchasing a copy of his book, The Signs Were There.

Tim's book choices are Cochrane the Dauntless by David Cordingly, Putin's People by Catherine Belton, and Red Notice by Bill Browder.

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

In this episode, Nick Searle speaks to Helena Marston, CEO of Purplebricks.

Helena joined Purplebricks in May 2020 as Chief People Officer and took on the role of Chief Operating Officer at the end of 2021 before becoming Chief Executive Officer in April 2022.

Prior to Purplebricks, a passion for driving significant performance improvements in leadership and organisational culture led Helena to hold several senior leadership roles at Virgin Media, Kuwait Energy, Jaguar Land Rover and Vodafone. Helena shares with Nick insights from her background, her motivation, and discusses her interest in human behaviour.

Helena's book choices are Executive Intelligence: What All Great Leaders Have in Common by Justin Menkes, The Kabul Beauty School by Deborah Rodriguez and the Art of War by Sun Tzu.

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

In this episode Nick speaks with Alex Hoye the co-founder of the disruptive ski brand The Faction Collective. After a conventional path of Stanford, Harvard Business School, Disney, McKinsey and even an AIM listing Alex co-founded The Faction Collective. These are the skis your kids want to ski. The conversation takes in the ethos and strategy of Faction with strong shadows of Alex's inspiration Yves Chouinard.

Alex's book choices - Let My People Go Surfing : The Education of a Reluctant Businessman: Including 10 More Years of Business Unusual by Yvon Chouinard

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

Nick Searle speaks to Simon Young, UK Fund Manager. An extremely experienced portfolio manager, Simon has focused on income mandates for many years. Following Cambridge University, Simon joined Mercury Asset Management which became Blackrock, and has also worked at Aviva and AXA Asset Management. Simon and Nick discuss Simon’s background and career progression, the appeal income mandates and cash generative companies and views on how macro headwinds will affect consumer spending over the next six months.

Simon's book choice's are Think Lead Succeed: The Admiral Way by Henry Engelhardt and Capital Returns: Investing Through the Capital Cycle: A Money Manager's Reports 2002-15 by Edward Chancellor 

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

Nick Searle speaks to Richard Simpson, CEO of Watkin Jones Group.Richard moved into real estate after starting his career in the British Army. He describes his career progression as Unite expanded and the transition to becoming CEO at Watkin Jones.  Nick and Richard discuss the current economic backdrop and the impact on the business, the outlook and the commercial real estate sector following Covid 19.

Watkin Jones is the UK’s leading developer and manager of residential for rent focusing on the build to rent residential, purpose built student accommodation and affordable housing sectors.

Richard's book choice is the Art of War by Sun Tzu

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

This week the legendary Acid Capitalist Hugh Hendry joins Nick for a truly different perspective. Previously at Baillie Gifford and Odey Asset Management Hugh’s Eclectica macro hedge fund was famously up 50% in 2003 and up 50% in the month of October in 2008. Monikered as a contrarian investor Hugh certainly has some very different views as Nick runs through a tally of macro thoughts and themes. Hugh's book choice was The Gap in the Curtain by John Buchan.

Follow and listen to Hugh's Podcast here - The Acid Capitalist

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.

In this episode, Nick Searle speaks to Mike Allen, Head of Research at Zeus.

Mike explains how he entered the industry, and explains how the research offering is structured at Zeus. He also gives some thoughts on his top picks in these turbulent markets.

Mike's book choices are The Intelligent Investor by Benjamin Graham and A Life on Our Planet by David Attenborough. 

This content is issued by Zeus Capital Limited (“Zeus”) (Incorporated in England & Wales No. 4417845), which is authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”) for designated investment business, (Reg No. 224621) and is a member firm of the London Stock Exchange. This content is for information purposes only and neither the information contained, nor the opinions expressed within, constitute or are to be construed as an offer or a solicitation of an offer to buy or sell the securities or other instruments mentioned in it. Zeus shall not be liable for any direct or indirect damages, including lost profits arising in any way from the information contained in this material. This material is for the use of intended recipients only.