The holiday season is almost over. Pharmacology bids farewell to a brilliant scientist this morning. The America’s Cup is underway in Barcelona and the Team GBR boat is low and slow. And great advice from a 117 year old – stay away from Toxic People.

After 10 days out the market, it’s clear the seasons are turning. What comes next – more on that tomorrow! I’ve elevated Disney to “Worst Company in the World” status, while the tragic loss of Mike Lynch’s yacht raises multiple questions, while confirming increasingly chaotic weather.

Hamble Village won the first battle yesterday – Hampshire County Council turned down an application by Persimmon (via Cemex) to dig a destructive quarry right in the heart of our village. It would cause massive health and economic damage while raising flood risk. Persimmon will appeal – so we are preparing for war.

Lots of unhappy creatives this morning as Apple threatens to replace them all with iPads – after crushing their creative souls completely. Is it Apple’s Ratners Moment, or another sign of a mature company that’s lost touch with its community, and is badly in need of reinvigoration?

For the past 14 years UK Railways have been in decline – more costly, less reliable, more fraught. They are evidence of Broken Britain. The Labour Party has announced plans that amount to re-Nationalisation. They are prudent, sound and address the problems of failed railway privatisation in a reasonable manner… Can they do the same with the whole broken economy?

The UK is in “technical” recession. Broken Britain is the depressing reality. The bleak outlook will have profound and long-term consequence, unless we act fast to figure out how to fix the way the economy works. The key is better management.

Charlie Munger has left us a deep well of investment advice – pithy quotes we can all learn from. Pay attention and remain deeply, deeply sceptical. Meanwhile, the fact bond rates are falling does not mean the global economy is fixed. It means trouble ahead.

“In yacht racing there is no second.”

Sports has become a major investment sector in recent years. An increasing number of funds are focused on sporting opportunities. The appeal, and the possibilities to monetise fans and events is rising. Why invest?

Rumours Starlink could be 2024’s big IPO are in circulation, but hype and the Musk effect have inflated the value of Space commercialisation and the financial actuality. What are they really worth?

There is a crisis brewing – things are likely to get worse before they get better on the back of Political Dither, a Reverse Big Bang in the City of London, and the Escalation of the Middle East crisis threatens higher energy costs and inflation!