Rich Pickings explores the investment beliefs and philosophies of prominent professional investors, to enable you to decide whether you agree or disagree with them, so you can better articulate your own investment philosophy. In this episode, I'm in conversation with Alex Lennard, investment director at Ruffer in London. Founded in 1994, and with offices in London, Edinburgh, Paris and Guernsey, Ruffer has more than £25 billion in assets under management. Alex sits on the senior asset allocation committee and co–manages two of the firm's flagship funds.- Graham Rich, on Portfolio Construction Forum