Basis Points: what moved this week, for independent investors.
Every Friday: what moved this week and what it means for you, one number with its so-what, a question to reply to, a short read, and the dates ahead. Four minutes, every figure dated and sourced, no email gate.
New issue every Friday morning at 07:00 UK
Latest issues
The Empty Wall
The Budget from the documents, the number 44, £48.90 against £246.90 answered, and the two years Paris queued to look at an empty wall.
Read Issue 20 →The Steel Box
September’s inflation figure and the state pension, the number 6.95, 38.4% answered, and the trucker who cut the cost of moving things by 97%.
Read Issue 19 →Nobody Drew the Map
HMRC’s October list is out, the number 4.88, £3,206 apart answered, and the single cell that redrew Tokyo’s railways overnight.
Read Issue 18 →Top-Heavy
The ISA changes are now law, the number 22, 1,250 holdings against 504 answered, and the ship that sailed for twenty minutes.
Read Issue 17 →Basis Points
Why banana sweets taste of a banana you have never eaten, the seven companies in four funds, and CSPX against CSP1 answered.
Read Issue 16 →Basis Points
Rates staying put, a fund that pays you every week, and £114 of income you never received. The first weekly brief.
Read Issue 15 →The Physics of Drag
Twenty-five world records in one pool, and nobody had got stronger. On the force investors never train against.
Read Issue 14 →The Perfect Crime
No alarm. No perpetrator. Legally, no victim. On the money that leaves with your signature on file.
Read Issue 13 →The $6 Million Handshake
Nobody proved a ranking changed. The badge died anyway. On trusting what shows its workings.
Read Issue 12 →The August Illusion
Top of the table in August. Relegated by May. The same trick works on money.
Read Issue 11 →The Man Who ‘Failed’, By Being Right
Leverage doesn’t create risk. It removes your margin for being wrong.
Read Issue 10 →Top of the Pops
The pop charts stopped moving. So did the markets. Same reason.
Read Issue 9 →The Bag of Winds
How to be blown off course, with home in sight.
Read Issue 8 →How to Be Paid With Your Own Money
It was your own coat, handed back on the way out.
Read Issue 7 →Did Sir Isaac Newton Get Hit by Gravity?
A story doesn’t need to be a lie to cost you everything. It only needs to be impossible to check.
Read Issue 6 →Ronaldo, Bart Simpson & Napoleon Walk into a Bar
They have plenty to talk about.
Read Issue 5 →The Highlight Reel
Why the loudest voices in your feed hold the worst records.
Read Issue 4 →The Morning After
One Sunday evening. One Sell button. £678,000 in the balance.
Read Issue 3 →The Ferrari was Free
Two inheritances. One Ferrari. Fifteen years of fees that paid for it.
Read Issue 2 →What hides in plain sight
An evidence-led look at what concentration costs, and how to see it before it costs you.
Read Issue 1 →What you will get each Friday
Short sections drawn from the editorial menu below, designed to be read in five minutes over a cup of coffee. Each issue features a selection from the five sections rather than all of them; The Story and The Closer appear every week, and the rest earn their place when the week gives them something worth saying. Every issue anchors to one of the 10 Decisions from the Allocra guide, then looks at one thing happening in the market that week through the same evidence-led lens.
What you will not get
No stock picks. No hot takes. No promoted funds. No affiliate links. No subscriber-only paywall. The Long View is an editorial product, not a sales channel. If a fund manager pays us nothing, we owe them nothing, and that is by design.
How to read it
Every issue publishes openly on this page at 07:00 UK on Friday. Open to read, no email gate, no signup required to access an issue. If you want it in your inbox so you never miss an edition, drop your email on the Allocra homepage. Content earns the subscription, not the other way around.
Spotted something getting hyped?
The Hype Watch section runs on reader tips. If you have seen a product, fund, or trend being talked up that deserves the same maths-versus-marketing treatment, send it through. We will consider it for a future issue. hype@allocra.co