Prando's Asset Management - Few tips on hamster jam

The chairman learns about a new threat to national safety

Julian Marr
clock • 3 min read

"So I'm guessing you hurt your ankle tripping over the hamster?" I said to the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by to see him this week.

"You don't seem terribly surprised," he replied, leaning back in his chair with his feet on the desk, his left ankle still encased in plaster. "I'm not," I said. "For one thing, Adair is the size of an obese Jack Russell terrier so it is frankly astonishing you haven't had any rodent-related mishaps before." "Aside from when he shot me in 2008, of course," the chairman pointed out. "Aside from that," I agreed. "But we both know that was a complete accident and he had only the most noble of intentions." Just to prove I don't make this up as I go along - at least, not all the time - it ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

FCA launches consultation on private stock market

FCA launches consultation on private stock market

Move follows Mansion House commitment

Linus Uhlig
clock 17 December 2024 • 3 min read
Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 16 December 2024 • 3 min read
Special situations: How to spot a good management team

Special situations: How to spot a good management team

'We prefer management teams that are considered rather than overly promotional'

Henry Flockhart and Andy Gray
clock 10 December 2024 • 5 min read