International Biotechnology Trust $IBT was a small beneficiary of GSK’s record $10.6bn acquisition of US cancer drug developer Nuvalent yesterday, with 0.4% invested in the Boston-based company. This is the sixth bid IBT has seen this year. https://t.co/y4AaYFnZNN
“The knowledge needed for a rational economic order never exists in concentrated or integrated form but solely as the dispersed bits of incomplete and frequently contradictory knowledge which all the separate individuals possess.”
— Friedrich Hayek
🤦The 50p tax rate was supposed to raise £2.7bn a year. It raised £1bn. The Energy Profits Levy was forecast at £41.6bn. It raised £17.4bn. The non-dom abolition was meant to raise £34bn. It may raise nothing.
📉This is not bad luck. It is a pattern.
How long does it take to build a £1M ISA? 💷📈
At a 7% annual return, the timeline shifts dramatically depending on how much you invest each year.
£5k vs £20k isn’t just 4x the money… it’s 18 years faster to £1M. ⏳🔥
I often quote the rule of 72 —if you get most of your div.s quarterly and reinvest them immediately. You get a bit more compounding and it becomes the 70 rule.
Invest £10,000 @ 7%
📈 Result After 10 Years
Final value: ≈ £20,015
Total growth: ≈ £10,015
Total return: ≈ 100.15%
🔥In case you missed it: last week from Fighting for a Free Future🔥
��@PeterMcCormack joined me and @harryricher96 on The Insurgency this week to discuss how we go about dismantling the state.
https://t.co/vVKQeIVa3K
HL will increase the annual cap for those who own shares, trusts or ETFs in an Isas to £150 from £45 a year, & will decrease the cap from £200 to £150 for those using Sipp and drawdown accounts. there will also be an annual charge for holding shares in a GIA.🤔
Hair and make up alert. Videoed interview with Jeremy Grantham. The AI bubble, why the small cap premium is nonsense, how he made his many millions, the important thing he did not put in the book (but told me..) and why your kids should be farmers https://t.co/jEGJyEMVtH
My LT #investing portfolio hit @ a new record ATH✅
🏋️My No.1 o/w #AZN w/ #dividends & buying on dips is a 27 bagger✅
✅2 x 30 baggers
✅#SEE🆙248% & #JUP🆙162% from 2025 lows
✅#VALT🆙142% since 2/6/25
✅#CMCX🆙58% since 18/11/25
+63 takeover exits in 12 yrs.🤞Next #WG#BP#AAL
According to the Financial Times, #PHP is lining up bankers (Rothschild & Co) to sell a hospital portfolio worth around £700 million.
Should be positive for investors !👇