Wry & Dry #41: Russian rebellion. Irony. Upsetting the treasurer 101.
Today, there isn’t a person in the world who is not familiar with Russia’s highway M4. And that it starts on Rostov-on-Don (more-or-less) and finishes in Moscow, some 1,100 kilometres away to the north.
It was along this stretch of mostly wide and smooth asphalt that Yevgeny Prigozhin’s private army (Wagner Group) commenced its threat to Tsar Vlad’s restful night’s sleep. It left the difficult terrain and unfriendly people of Ukraine for the ease of a paved road and reasonable cafes.
EOFY, Inflation and Small Caps
The curtain is about to fall on another financial year. FY-23 has been a year of very good investment performance across First Samuel various portfolio strategies.
Clients should expect their Flash Performance reports within 10 days, always noting that all portfolios are individually managed, with different asset mixes and security selections.