About

The Angry Analyst is written by Martin Fluck. A specialist in equity analysis, he has a background in economics, currency trading, and fund management; and holds an MSc in Finance from London Business School. A former columnist for Dow Jones Newswires, he has previously reported on capital markets and investment strategy for Breakingviews, AFX Newswires, Thomson Investment Management News. His day job is writing about investment strategy in the fund management industry. Contact: mart@theangryanalyst.com

You can also follow The Angry Analyst on Twitter @TheAngryAnalyst.

Philosophy

This blog explores the everlasting debate on the global economic outlook, drawing on the latest thoughts of journalists, economists, and financial analysts. It’s never been more important to challenge the prevailing view and look at the bigger picture. As we have learnt, conventional modern portfolio theory and risk models have been found wanting, and ‘tail’ risks are very real. The unintended consequence of regulators trying to manage risk in the system has been to herd investors into over-priced assets and to starve equity markets of risk capital. Increasingly being driven by black box traders and index investment, markets are sending correlations of risk assets to all time highs. Hedging your risk has never been harder. Play chicken with the latest asset bubble, by all means. Just don’t say that “no-one saw it coming” when the next bubble bursts. There are enough leading indicators out there that haven’t yet been priced into the market… if you know where to look. A value investor at heart, the Angry Analyst is skeptical to its core.

Martin Fluck, May 2012