Nick Searle

Over 25 years in financial markets - Gennaker Capital - ‘A Different Perspective’ podcast

[Nick Searle @Searley1]

@dcsandbrook - truly tickled by the dedication (thank you Mr Godber). Look forward to reading. @TheRestHistory

[Richard Hughes @hughesy0707]

Delighted to be appointed as chairman of #AVCT

My core priority is to ensure the value of preCISION is exploited to its fullest, for the benefit of all shareholders.

I am more than confident we have the team and the intellectual property to enable this.

[Nick Searle @Searley1]

@hkuppy @SquirrelMacro @BenBrey @kuppy looking ripped. Keep farming and surfing dude…..

[Richard Hughes @hughesy0707]

Retention of 100% of our pipeline remains overwhelmingly in the best interests of #AVCT shareholders, for now. 💰 Delighted to have subscribed to the placing with credit to the team at Zeus for all their efforts. Looking forward to 2026! 🧨

[Nick Searle @Searley1]

@hkuppy I think my post has been removed by X!

[Nick Searle @Searley1]

@hkuppy Thank you for the money gun. Locked & Loaded! Here’s to a prosperous 2026!

[Nick Searle @Searley1]

Great chat with Jeff of #avation_plc. We discuss fleet strategy, plane residuals and the shares trading at a 50% discount to NAV

https://t.co/6csv6YtvfC

[Simon French @Frencheconomics]

Given I have been asked numerous times today what I would do to calm Gilt markets there are probably three things that provide the necessary space heading into an inevitably tricky Autumn Budget.

Firstly, clear co-ordination between the Treasury and BoE on Gilt sales going forward. There is a widespread perception that active QT is an unnecessarily costly & distortive measure. Pare back the active sale component and surprise the market to the downside on the envelope of asset sales in 2025/26. It currently expects £75bn. Go to £50bn by going passive only, or go to £25bn and let reinvestment go to the long end of the Gilt curve.

Second, and linked to this to mitigate accusations of fiscal dominance, provide a clear message that the government will help the Bank get control of inflation through being relentless in bearing down on employment “on costs” and the price ratchet from the pensions triple lock. Clearly this year it has been the NICs/ NLW pass through to consumer prices that has caused asymmetric UK inflation and an excuse to demand a higher UK inflation premium on Gilts - but what role will these taxes and pension policy have on pass through next year? The market currently only sees increased tax & regulatory burden for employers to pass on to end consumer prices. That cycle needs a circuit breaker that is not Bank Rate.

Third, the UK energy market. No-one credible believes the nonsense that there is no trade off between Net Zero & growth. So sack your energy minister and explain that the UK is going to be energy pluralist and unconstrained to convince your creditors that growth is actually your primary mission. Investors will draw a straight line to higher trend productivity growth as plentiful energy is one of those factors of production that gets in all the cracks in the economy.

Coordinated delivery of this message by PM and ChX is far superior to new appointees facing up to same old trade offs - get it right and there is a chance for well meaning supply side reforms & capital spending reforms to make an impact.

[Hugh Hendry Acid Capitalist TV @hendry_hugh]

Title: The Autopsy of a Dying System

Subtitle: How a Foreign Money Printer Rigged the Game and Why Bitcoin is the Only Way Out.

Credits: @Searley1 host of the great podcast A Different Perspective; camera https://t.co/hlFnUXqZ6p

[Richard Hughes @hughesy0707]

Delighted to have assisted the team at Avacta. Thanks to the team at Zeus and our quality CEO.

David Bryant will add considerable value on the commercial side

Now the fun begins 🧨🥳#AVCT

[Nick Searle @Searley1]

@hkuppy Getting many remarks on the hat. People looked stunned thinking it’s MAGA…..Love the irony. Can we get you on A Different Perspective again in the New Year?

[Nick Searle @Searley1]

I appreciate written for the younger historian but what a rip-roaring yet heartfelt read. Highly recommend for readers of all ages. @dcsandbrook @TheRestHistory

[Nick Searle @Searley1]

@johnrobertsAO @ao An amazing story. Congratulations @johnrobertsAO and @ao. One of my favourite episodes of 2024!

https://t.co/GPbgxNzD5j

[Nick Searle @Searley1]

@MLCapMan Three of my favourite books I’ve read this year - Breath - James Nestor, The Moon’s a Balloon - David Niven & Benjamin Franklin’s autobiography

[Nick Searle @Searley1]

@reb40 Thank you @reb40

[Nick Searle @Searley1]

@hkuppy Love the Lions. Keep the Lions!

[Nick Searle @Searley1]

An enchanting conversation with @guygittins CEO of Foxtons. From building cars to selling houses with a Caribbean island and some 90s techno in the middle. @foxtons @Zeus_Capital

https://t.co/imEkDSbprc

[Kuppy @hkuppy]

As a former small cap PM, I can assure you that small caps (under $1 billion MC) are a lost cause today.

Companies used to go public b/c they wanted to use equity capital for growth. Instead, I see lots of small caps doing buybacks b/c it’s more accretive, except they stopped investing for growth so they could fund the buybacks, so they don’t grow much, so they trade at low single-digit multiples, so they continue to find it super accretive to buy back stock, and the cycle repeats…, but burdened by a few million of public company expense…

I don’t know what the solution is, and I own a few of these that buy back 10-20% of the shares each year, but no one cares, so why should I care to buy more either…

[Here&There @here_there]

This is excellent https://t.co/kiMln7IcTe I own. #AVAP

[Claire Coutinho @ClaireCoutinho]

This video shows the real cost of Ed Miliband’s plans to shut down the North Sea.

200,000 workers left stranded, billions in tax revenue lost, and clean energy investment deterred.

Why? We won’t stop needing oil and gas - we’ll just import it instead.