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    MoneyWeek3 min read
    From The Editor...
    Albert Camus famously said in Caligula that “it is no more immoral to directly rob citizens than to slip indirect taxes into the price of goods that they cannot do without”. That came to mind this week when I read a press release from John Colley, th
    MoneyWeek2 min read
    I Wish I Knew What A P/e Ratio Was, But I’m Too Embarrassed To Ask
    Many investors use the price/earnings (p/e) ratio as a measure of whether a share is cheap or not. There’s a good reason for that – it’s one of the simplest valuation measures out there. You simply take the share price, and divide by the earnings (pr
    MoneyWeek1 min read
    Privatisation Still Makes Sense
    capx.co In theory, the state is best placed to invest for the long term, says Tim Worstall. It is “immortal” and can “afford to take the long view”. It should make sense to delegate the difficult, long-term investment decisions to the politicians we