@ghose.bsky.social
Wrote in Sunday Tiimes on what the U.K. can learn from Singapore, South Korea and Japan’s stock market boom.
East Asian countries have used tax incentives and corporate governance changes to help stimulate their markets.
www.thetimes.com/business/com...
East Asian countries have used tax incentives and corporate governance changes to help stimulate their markets.
www.thetimes.com/business/com...
What London can learn from Asia’s stock market boom
Stock markets in Japan, South Korea and Singapore were once in the same slow lane as the UK, but reforms and tax breaks have unleashed animal spirits
www.thetimes.com
February 8, 2026 at 9:34 AM
Wrote in Sunday Tiimes on what the U.K. can learn from Singapore, South Korea and Japan’s stock market boom.
East Asian countries have used tax incentives and corporate governance changes to help stimulate their markets.
www.thetimes.com/business/com...
East Asian countries have used tax incentives and corporate governance changes to help stimulate their markets.
www.thetimes.com/business/com...
Have been mulling this piece for ages as my earlier posts show but you look at Fundsmith buying Wolters Kluwer and Sage, riding Novo Nordisk all the way down (was a top 10 holding at end of Jan) I wonder if these guys really understand moats or "quality".
rupakghose.substack.com/p/the-rise-a...
rupakghose.substack.com/p/the-rise-a...
The Rise and Fall of Fundsmith
UK's largest retail fund underperforms for 5 years
rupakghose.substack.com
February 4, 2026 at 2:01 PM
Have been mulling this piece for ages as my earlier posts show but you look at Fundsmith buying Wolters Kluwer and Sage, riding Novo Nordisk all the way down (was a top 10 holding at end of Jan) I wonder if these guys really understand moats or "quality".
rupakghose.substack.com/p/the-rise-a...
rupakghose.substack.com/p/the-rise-a...
Is that you @katie0martin.ft.com in the House of Lords now?
January 28, 2026 at 8:58 AM
Is that you @katie0martin.ft.com in the House of Lords now?
Why is US right wing re-inventing Bessant’s career like he was a hedge fund legend.
His only hedge fund launch was a complete flop and he was Druckenmiller’s sidekick for a few years.
Druckenmiller is a legend! Soros. Jim Simons as well.
His only hedge fund launch was a complete flop and he was Druckenmiller’s sidekick for a few years.
Druckenmiller is a legend! Soros. Jim Simons as well.
January 25, 2026 at 7:52 PM
Why is US right wing re-inventing Bessant’s career like he was a hedge fund legend.
His only hedge fund launch was a complete flop and he was Druckenmiller’s sidekick for a few years.
Druckenmiller is a legend! Soros. Jim Simons as well.
His only hedge fund launch was a complete flop and he was Druckenmiller’s sidekick for a few years.
Druckenmiller is a legend! Soros. Jim Simons as well.
Is TCI from Mars and Citadel from Venus? Two very different business models, that have little in common. How can both be considered hedge funds?
What trading and investing alpha have hedge funds chased in recent years…
open.substack.com/pub/rupakgho...
What trading and investing alpha have hedge funds chased in recent years…
open.substack.com/pub/rupakgho...
The hunt for hedge fund alpha
The search for trading alpha, investing alpha and the next frontier
open.substack.com
January 23, 2026 at 9:06 PM
Is TCI from Mars and Citadel from Venus? Two very different business models, that have little in common. How can both be considered hedge funds?
What trading and investing alpha have hedge funds chased in recent years…
open.substack.com/pub/rupakgho...
What trading and investing alpha have hedge funds chased in recent years…
open.substack.com/pub/rupakgho...
TACO or not feels like Europe’s chance to grow a spine. This sort of stuff would never happen to China. Even a small economy like India does what it wants
January 22, 2026 at 9:34 AM
TACO or not feels like Europe’s chance to grow a spine. This sort of stuff would never happen to China. Even a small economy like India does what it wants
Is it just me who preferred Bezos as a nerd. He was an interesting nerd.
He is less interesting jock
He is less interesting jock
January 16, 2026 at 9:41 PM
Is it just me who preferred Bezos as a nerd. He was an interesting nerd.
He is less interesting jock
He is less interesting jock
Is one year of underperforming a blip. Likely.
Is three years of underperforming a blip. Perhaps.
Is five years of underperforming a blip. No. 🧵
Is three years of underperforming a blip. Perhaps.
Is five years of underperforming a blip. No. 🧵
January 12, 2026 at 4:22 PM
Is one year of underperforming a blip. Likely.
Is three years of underperforming a blip. Perhaps.
Is five years of underperforming a blip. No. 🧵
Is three years of underperforming a blip. Perhaps.
Is five years of underperforming a blip. No. 🧵
For all the complaining I see about Continental Europe from right wing X influencers in U.K. I thought this chart was interesting illustrating higher real PPP GDP per capita in many Northern European cities than London. Also fascinating how other UK cities lag a lot…
January 2, 2026 at 11:38 PM
For all the complaining I see about Continental Europe from right wing X influencers in U.K. I thought this chart was interesting illustrating higher real PPP GDP per capita in many Northern European cities than London. Also fascinating how other UK cities lag a lot…
America is rich and the UK is poor…
True but this statistic shocked me…
The average wealth per American adult is $620k but the median is only $124k!
The average wealth per UK adult is $339k and the median is $176k. 🧵
True but this statistic shocked me…
The average wealth per American adult is $620k but the median is only $124k!
The average wealth per UK adult is $339k and the median is $176k. 🧵
January 2, 2026 at 10:33 PM
America is rich and the UK is poor…
True but this statistic shocked me…
The average wealth per American adult is $620k but the median is only $124k!
The average wealth per UK adult is $339k and the median is $176k. 🧵
True but this statistic shocked me…
The average wealth per American adult is $620k but the median is only $124k!
The average wealth per UK adult is $339k and the median is $176k. 🧵
What investment are they talking about…I thought it was peppercorn on all new developments anyway?
And govt changes laws all the time…why should they protect unproductive rent seeking by Cayman Islands based shell companies!
And govt changes laws all the time…why should they protect unproductive rent seeking by Cayman Islands based shell companies!
December 14, 2025 at 10:40 PM
What investment are they talking about…I thought it was peppercorn on all new developments anyway?
And govt changes laws all the time…why should they protect unproductive rent seeking by Cayman Islands based shell companies!
And govt changes laws all the time…why should they protect unproductive rent seeking by Cayman Islands based shell companies!
Amazing piece…so funny….”when we told the Poles to go home we didn’t mean it literally”
Amazing, the @dailymail.co.uk manages to publish an entire lengthy feature bewailing (!!!!) the exodus of Poles from Britain without once mentioning Brexit. Apparently this outcome (which is surely exactly what they campaigned for in 2016) is all the fault of Keir Starmer.
mol.im/a/15379789
mol.im/a/15379789
The great exodus: How Poles are ditching UK for their booming homeland
New statistics reveal that while 7,000 Poles arrived in the year ending last June, 25,000 returned home: a net outflow of 18,000. The UK's total Polish population has shrunk to 750,000.
mol.im
December 13, 2025 at 10:27 AM
Amazing piece…so funny….”when we told the Poles to go home we didn’t mean it literally”
Wrote up my notes on interview HRT head of AI did.
Their mid frequency trading is big but order book/flow data. It’s intraday/ not multi day - different to models at DE Shaw, Two Sigma where mid frequency is longer term factors/fundamentals signals…
rupakghose.substack.com/p/the-new-hu...
Their mid frequency trading is big but order book/flow data. It’s intraday/ not multi day - different to models at DE Shaw, Two Sigma where mid frequency is longer term factors/fundamentals signals…
rupakghose.substack.com/p/the-new-hu...
The new Hudson River Trading (HRT)
Medium frequency trading and AI
rupakghose.substack.com
November 5, 2025 at 9:31 PM
Wrote up my notes on interview HRT head of AI did.
Their mid frequency trading is big but order book/flow data. It’s intraday/ not multi day - different to models at DE Shaw, Two Sigma where mid frequency is longer term factors/fundamentals signals…
rupakghose.substack.com/p/the-new-hu...
Their mid frequency trading is big but order book/flow data. It’s intraday/ not multi day - different to models at DE Shaw, Two Sigma where mid frequency is longer term factors/fundamentals signals…
rupakghose.substack.com/p/the-new-hu...
Research analysts have "great quarter guys".
CEOs have "let me unpack that question."
Silicon Valley has "each person will be more load-bearing"...or is that a construction site for the Qatar World Cup….
CEOs have "let me unpack that question."
Silicon Valley has "each person will be more load-bearing"...or is that a construction site for the Qatar World Cup….
October 23, 2025 at 4:37 PM
Research analysts have "great quarter guys".
CEOs have "let me unpack that question."
Silicon Valley has "each person will be more load-bearing"...or is that a construction site for the Qatar World Cup….
CEOs have "let me unpack that question."
Silicon Valley has "each person will be more load-bearing"...or is that a construction site for the Qatar World Cup….
Reposted
it's been very effective with people not in the industry; when I've pointed out to those saying how great he is that from my point of view as a City person for decades, he's committed a cardinal sin by massively over-inflating his credentials, they simply don't care. so yes, it's worked:
October 22, 2025 at 2:07 PM
it's been very effective with people not in the industry; when I've pointed out to those saying how great he is that from my point of view as a City person for decades, he's committed a cardinal sin by massively over-inflating his credentials, they simply don't care. so yes, it's worked:
Worth a read - how one of the hottest YouTube channels and book deals in the UK in recent years was based on the credibility of a fake story.
So obviously not the best trader in the world at Citi and his colleagues seem to think his stories are also made up 😂
www.linkedin.com/pulse/gary-s...
So obviously not the best trader in the world at Citi and his colleagues seem to think his stories are also made up 😂
www.linkedin.com/pulse/gary-s...
Gary Stevenson's Trading Game - Fact or Fiction?
I finally got around to reading Gary Stevenson’s book Trading Game - it was on offer in Waterstone's. I had held off for so long, because I suspected that it would be, on the basis of what I’d read in...
www.linkedin.com
October 22, 2025 at 1:31 PM
Worth a read - how one of the hottest YouTube channels and book deals in the UK in recent years was based on the credibility of a fake story.
So obviously not the best trader in the world at Citi and his colleagues seem to think his stories are also made up 😂
www.linkedin.com/pulse/gary-s...
So obviously not the best trader in the world at Citi and his colleagues seem to think his stories are also made up 😂
www.linkedin.com/pulse/gary-s...
Why is it always Deutsche Bank, Soc Gen and Barclays. I miss the days when Credit Suisse would lead the risk off share price declines. Waiting for the US open
October 17, 2025 at 10:50 AM
Why is it always Deutsche Bank, Soc Gen and Barclays. I miss the days when Credit Suisse would lead the risk off share price declines. Waiting for the US open
Are we yet at the point that Jason Calacanis starts writing in large caps “YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW”…Silicon Valley needs a tariff exemption
October 12, 2025 at 12:21 AM
Are we yet at the point that Jason Calacanis starts writing in large caps “YOU SHOULD BE ABSOLUTELY TERRIFIED RIGHT NOW”…Silicon Valley needs a tariff exemption
Over on X, Silicon Valley Ai types are discovering that British private citizens spend a lot on railroads in 1840s
“why has no one talked about this before” 🙈
I mean sure…it’s called books
“why has no one talked about this before” 🙈
I mean sure…it’s called books
October 8, 2025 at 10:38 PM
Over on X, Silicon Valley Ai types are discovering that British private citizens spend a lot on railroads in 1840s
“why has no one talked about this before” 🙈
I mean sure…it’s called books
“why has no one talked about this before” 🙈
I mean sure…it’s called books
Reposted
Rupak's guide to hedge funds continues with one of the more interesting and secretive ones... open.substack.com/pub/rupakgho...
D.E. Shaw – the quant king
More than just a systematic fund
open.substack.com
September 23, 2025 at 8:13 AM
Rupak's guide to hedge funds continues with one of the more interesting and secretive ones... open.substack.com/pub/rupakgho...
Big tech and AI startups all funding each other…Buy my product and I will invest in you…makes the shadow banking sector look simple
September 22, 2025 at 9:00 PM
Big tech and AI startups all funding each other…Buy my product and I will invest in you…makes the shadow banking sector look simple