Professional investors can review published thought leadership and market updates from the Argonaut Investment Team.

1 post found for February 2019

‘The hedgehog market’

“The fox knows many things, but the hedgehog knows one big thing” Ancient Greek poet Archilochus The hedgehog knows only one very important thing: when in danger it will curl up into a prickly ball to defy the cunning fox, who despite knowing an infinite variety of things, is defeated. The Oxford philosopher Isaiah Berlin (in his essay on Tolstoy in 1953[1]) divided up historical figures between hedgehogs and foxes: those who believed in a central unified philosophy in which all other things made…