Alberto Gallo has got a new macro credit fund

Yeah, Macro. Yeah, our Alberto ... at Algebris. He's been there a few months. And now he's got this new fund, which will be launching next week. 'Yippee, boss!' Why are you so excited, Voice? 'It's nice to see a new fund launching.' It's a macro fund. 'That's all right.' Yeah, I suppose. I don't know.

This is from the press release -

Algebris Investments (UK) LLP, a leading global asset management firm, is launching a Macro Credit Fund, managed by Head of Macro Strategies and Partner Alberto Gallo. The Fund will start trading on Tuesday, 19 July.

Yeah, as I said, next week.

The Algebris Macro Credit Fund is designed to help investors generate superior risk-adjusted returns in this environment. The Fund will adopt a unique approach to investing in bond and credit markets, combining top-down macro research, bottom-up balance sheet analysis and quantitative risk management. The investment team includes macro analysts Aditya Aney and Tao Pan.

Tao Pan? A cool name. I like the sound of him already. 'It's a she, boss.' What is? 'This Tao.' Well, that's great! I love the sound of her. / Now, what does Alberto explain?

"The asset management industry isn't prepared to live with QE infinity. Most assets sit in benchmark-hugging strategies, offering increasingly less yield vs management fees. The investor reaction is typically to buy riskier products, like high-yield corporate funds. But this also means taking concentrated, undiversified risks," explains Alberto. "We aim to offer a better solution."

That's what he explains ... a better solution! / Well, I wish Alberto and Tao all the best with this new fund. 'Don't forget Aditya.' Who the hell is Aditya?! 'Christ! He's the other guy working on the fund, an analyst like Tao. Did you actually read the press release?' All right, all right, calm down. Jesus!

...

Anything else? I'm on the straight line, dear reader(s). I've got a twenty-five year vision. 'What are you going on about, Mikey?' I've been studying Jordan Belfort's Straight Line system on YouTube. He uses it for sales, but it can be used for absolutely anything, even playing the guitar. And controlling your state! I've been positive for a whole week now. 'Is that a record?' I once managed it for two weeks, a few years ago. 'Oh.' I know I can beat that.

...

Later? No. 431. Laters ...

[No. 430] On the straight line?

Hungry like the wolf? Definitely! But I still want to get a-ROUND ... in my spare eternal time, you dig?

And sharp as a tack? You bet![1], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[1], and sharp as a tack? You bet![2], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![1], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[2], and ... I'm a closer!!![1], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![2], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![1], and ... I'm a closer!!![2], and duck or eagle?[1], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![2], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[1], and duck or eagle?[2], and I've got the right attitude[1], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[2], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![1], and I've got the right attitude[2], and have you got problems?[1], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![2], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[1], and have you got problems?[2], and OPEN(!) your soul!!![1], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[2], and I want you to solve your problems by getting DIZZY(!)[1], and OPEN(!) your soul!!![2], and ... BAM!!![1], and I want you to solve your problems by getting DIZZY(!)[2], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[1], and ... BAM!!![2], and I hope the BAM!!! didn't scare you / but wake up, please[1], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[2], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![1], and I hope the BAM!!! didn't scare you / but wake up, please[2], and if you're GONE(!), can you be here - ?[1], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![2], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![1], and if you're GONE(!), can you be here - ?[2], and ... high fly but crash out the sky?[1], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![2], and sharp as a tack? You bet![3], and ... high fly but crash out the sky?[2], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[3], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![3], and ... I'm a closer!!![3], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![3], and duck or eagle?[3], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[3], and I've got the right attitude[3], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![3], and have you got problems?[3], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[3], and OPEN(!) your soul!!![3], and I want you to solve your problems by getting DIZZY(!)[3], and ... BAM!!![3], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[3], and I hope the BAM!!! didn't scare you / but wake up, please[3], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![3], and if you're GONE(!), can you be here - ?[3], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![3], and ... high fly but crash out the sky?[3], and

And sharp as a tack? You bet![1], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[1], and sharp as a tack? You bet![2], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![1], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[2], and ... I'm a closer!!![1], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![2], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![1], and ... I'm a closer!!![2], and duck or eagle?[1], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![2], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[1], and duck or eagle?[2], and I've got the right attitude[1], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[2], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![1], and I've got the right attitude[2], and have you got problems?[1], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![2], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[1], and have you got problems?[2], and OPEN(!) your soul!!![1], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[2], and I want you to solve your problems by getting DIZZY(!)[1], and OPEN(!) your soul!!![2], and ... BAM!!![1], and I want you to solve your problems by getting DIZZY(!)[2], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[1], and ... BAM!!![2], and I hope the BAM!!! didn't scare you / but wake up, please[1], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[2], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![1], and I hope the BAM!!! didn't scare you / but wake up, please[2], and if you're GONE(!), can you be here - ?[1], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![2], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![1], and if you're GONE(!), can you be here - ?[2], and ... high fly but crash out the sky?[1], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![2], and sharp as a tack? You bet![3], and ... high fly but crash out the sky?[2], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[3], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![3], and ... I'm a closer!!![3], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![3], and duck or eagle?[3], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[3], and I've got the right attitude[3], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![3], and have you got problems?[3], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[3], and OPEN(!) your soul!!![3], and I want you to solve your problems by getting DIZZY(!)[3], and ... BAM!!![3], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[3], and I hope the BAM!!! didn't scare you / but wake up, please[3], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![3], and if you're GONE(!), can you be here - ?[3], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![3], and ... high fly but crash out the sky?[3], and

And sharp as a tack? You bet![1], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[1], and sharp as a tack? You bet![2], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![1], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[2], and ... I'm a closer!!![1], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![2], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![1], and ... I'm a closer!!![2], and duck or eagle?[1], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![2], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[1], and duck or eagle?[2], and I've got the right attitude[1], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[2], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![1], and I've got the right attitude[2], and have you got problems?[1], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![2], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[1], and have you got problems?[2], and OPEN(!) your soul!!![1], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[2], and I want you to solve your problems by getting DIZZY(!)[1], and OPEN(!) your soul!!![2], and ... BAM!!![1], and I want you to solve your problems by getting DIZZY(!)[2], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[1], and ... BAM!!![2], and I hope the BAM!!! didn't scare you / but wake up, please[1], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[2], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![1], and I hope the BAM!!! didn't scare you / but wake up, please[2], and if you're GONE(!), can you be here - ?[1], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![2], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![1], and if you're GONE(!), can you be here - ?[2], and ... high fly but crash out the sky?[1], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![2], and sharp as a tack? You bet![3], and ... high fly but crash out the sky?[2], and it's a twenty-five year line I'm on, my new plan, straight line to my new vision, but ... I'll still be here, always[3], and, uh ... enthusiastic figure of authority, an expert? - ha, yeah, that's me, Christ![3], and ... I'm a closer!!![3], and a-ROUND, and a-ROUND, and a-ROUND ... I'll always love it, always![3], and duck or eagle?[3], and there are two dotted lines - "........." and "........." - above and below / I've got to be so careful[3], and I've got the right attitude[3], and I know YOU(!), you waster! / ... yes, I know you want to drag me off to Pluto, but I ain't going, man![3], and have you got problems?[3], and go back to the cold world if you don't want to be a winner, a mystic kook, a true master of the universe[3], and OPEN(!) your soul!!![3], and I want you to solve your problems by getting DIZZY(!)[3], and ... BAM!!![3], and maybe the straight line is beyond the THREE / and maybe that is where real life begins ... yeah? Well ...[3], and I hope the BAM!!! didn't scare you / but wake up, please[3], and a-ROUND, and a-ROUND, and a-ROUND ... / ... and where am I ... NOW - ?![3], and if you're GONE(!), can you be here - ?[3], and I must play my guitar until my fingers bleed ... / ah, that's the only hope for me![3], and ... high fly but crash out the sky?[3], and

UBS has hired former RobecoSAM CEO Michael Baldinger

Well, this is interesting, maybe. 'Michael Badfinger, boss?! Who the hell is Michael Badfinger?!' Christ! Baldinger, you idiot! Can't you read? His name is Michael Baldinger. 'Oh.' He was the CEO of RobecoSAM, whatever that is ...

Founded in 1995, RobecoSAM is an investment specialist focused exclusively on sustainability investing. It offers asset management, indices, impact analysis and investing, engagement, voting, sustainability assessments, and benchmarking services. Asset management capabilities cater to institutional asset owners and financial intermediaries and cover a range of ESG-integrated investments (in public and private equity), featuring a strong track record in resource efficiency themed strategies.

You see, Voice? RobecoSAM. And their website says that he's still the chief executive, so ... I don't know what's going on. Some mistake, obviously. They've got to update their site. 'Maybe he hasn't started at UBS yet.' Well, I think he's got to relocate from Zurich to New York, Voice. That will take a bit of organizing. RobecoSAM must move on though. It's a sad situation, but life goes on!

Anyway, UBS wants a slice of the "sustainability investing" action. 'What is that, exactly, boss?' Er, I'm not too sure. I think it means investing that can be sustained without ... it all going wrong or something, and you end up broke and in the gutter. 'It sounds pretty revolutionary.' Yeah, it's obviously a new thing. Mickey Badfinger is an expert at it, so ... UBS should be all right now. The future is bright!

...

Anything else? Music? What am I listening to? Actually, a Badfinger "Best of" compilation, Timeless ... the musical legacy. Just as a tribute to Mickey, you know? [Good luck, Mr Badfinger, with your new job!] / Without You is a cool song. I'm sure a lot of people don't realize that Badfinger wrote it. 'Eh?!' (Not our Mickey, the band.) Harry Nilsson made it famous, of course. No Matter What is my favourite song of theirs.

Palamon agrees sale of Eneas for an eternal return

I love these guys! / Yes, it's the Thursday morning PR email, back by popular demand.

Palamon Capital Partners ("Palamon" or the "Outfit"), a pan-European growth investor, has agreed the sale of Eneas Group ("Eneas" or the "Company") to Norvestor Equity ("Norvestor") for an undisclosed amount. The sale will bring total proceeds to NOK 750 million (approximately €80 million), representing a 3.3x return on invested capital. The transaction is expected to close in August 2016, subject to regulatory approvals. Full terms of the sale were not disclosed, however, following the transaction the Company will continue to be led by CEO and Founder, Thomas Hakavik.

Er, 3.3. That is eternal. I mean, they've gone beyond the THREE, yeah? 'Is that really what they mean, boss?' I don't know, Voice.

Eneas is the leading independent supplier of corporate energy services to small and medium sized enterprises ("SMEs") in the Nordic region and serves more than 25,000 customers with energy brokerage, energy audit and smart metering services. Palamon acquired a substantial majority stake in Eneas having recognised the growth potential of its highly-scalable energy brokerage business, which intermediates between SMEs and the deeply fragmented Nordic supplier base of almost 300 energy providers. Under Palamon's ownership, Eneas has grown into the largest independent energy broker for SMEs and the clear market leader in Norway and Sweden, representing 1.7 TWh of annual energy consumption. The Company has been able to successfully leverage its scale and sophistication in navigating the Nordic electricity market to offer competitive, convenience-focused products tailored to the needs of its SME customer base.

Well, well ... / Maybe not as exciting as it first seemed. Never mind. I've done my duty. Another PR email!

Franklin Templeton had £2.5 billion of outflows from its European funds

Yeah. When? Uh, the other month. May, I think. It's no big deal. That money will probably flow back at some point BECAUSE(!) ... that's what happens, man. Money goes a-ROUND and a-ROUND and a-ROUND. You've got to trust money. Let your money go free and it will come back to you with love. 'Hippie bullshit.' Shut it, Voice. You should know better than anyone. It's the cosmos.

The cosmos is in control. / Franklin Templeton?

By their very nature, financial markets are unpredictable. So for more than six decades, throughout the financial markets ups and downs, we've stuck to our company's founding principles: hard work, forward thinking, a consistent approach and a focus on actively managing risk as rigorously as we seek rewards for our investors. We take our responsibility to manage the investments of over 24 million account holders very seriously and never lose sight of whose money it is. We believe that has allowed us to become one of the world's largest dedicated investment managers.

Not bad. Not bad at all. No mention of the cosmos, of course. 'Ha!' But not everyone is as knowledgeable as I am. It's wisdom. It's soul power. It's vision. It's a kind of magic. I've got it. Was I born with it? I don't know. I'm sure you can develop it. I can tell you, dear reader(s), that I wasn't always the world's foremost financial shaman. Think about that for a minute. What can you do with your life? What vision do you have for your future?

...

Anything else? Wait a while, my friend(s). A PR email is coming. 'Yippee!' It's not that exciting, Voice.

I want my pound back!

The pound keeps falling, falling, falling ... / The question, dear reader(s), is when are we going to take control? Let's get our pound back! 'Ha! You can't control it, boss. It's gone. You've just got to live with the new reality. We're all going to be poorer in Great Britain. Businesses will leave. Investment will dry up. Jobs will disappear. Scotland will go. Maybe Northern Ireland. Maybe even Wales. Unless ...'

...

Unless, what, Voice?! COME ON! Tell us, please! We're all ears. 'Unless some politician with balls (man or woman) steps forward and says: Guess what. We're not leaving the European Union. I don't give a toss that "the people" voted to leave in the referendum. The fact is, they were lied to by morons who aren't even here any more. All the main Brexshitters have done a runner. We've got to save the country from ruin. That's the bottom line. You see?' Nice one, Voice. 'And it better happen soon, like this week.' Ha! I think the Tories are going to be spending the next couple of months choosing a new PM.

A new prime minister, for Christ's sake! Will we get a say, in this amazing democracy of ours? 'Don't bet on it, Mikey.' Ah, the whole thing is a mess.

...

Realistically? I fear it may be every man and woman and cat and dog for himself now, herself, itself. We're on the Titanic, my friends. Boris Johnson and Nigel Farage are waving at us from a lifeboat they had stashed away somewhere. What are we going to do?

Me? I'm going to play my guitar. 'Ha! While the country burns! Get a grip, boss!' Well, what else can I do? Tell me!!!

I'm going to play my guitar. I'm going to record my new song, which is my best song. I'm going to write other songs. With a real sense of urgency now. And, and, and ... 'And?' If I'm lucky, I'll get a deal. Maybe I'll end up in Malibu. Maybe America will take me in as an asylum seeker. I don't know! For fuck's sake! I'm just clutching at straws here.

... 

Oh, calm down, Mikey. 'Are you talking to yourself?' Yes. 'Christ!' Calm down, son. Everything will be all right.

Sunlit uplands
Sunlit uplands
Sunlit uplands

Repeat after me!

Sunlit uplands
Sunlit uplands
Sunlit uplands

We're going to be all right! All right?

[No. 429] I couldn't stay away ...

Yes, I'm back again, with even more words. Jesus H. Christ!

And, uh, uh, uh ...[1], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![1], and, uh, uh, uh ...[2], and don't judge me / What makes you so fucking wonderful?[1], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![2], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[1], and don't judge me / What makes you so fucking wonderful?[2], and I close my eyes for vision ...[1], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[2], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[1], and I close my eyes for vision ...[2], and a-ROUND - ? Well ...[1], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[2], and, yes, YES(!), yes, of course![1], and a-ROUND - ? Well ...[2], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[1], and, yes, YES(!), yes, of course![2], and what does this ... mean?![1], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[2], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[1], and what does this ... mean?![2], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![1], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[2], and I want feelings - !!! / Well, I got them[1], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![2], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[1], and I want feelings - !!! / Well, I got them[2], and I'm spinning DIZZY(!), as per usual[1], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[2], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![1], and I'm spinning DIZZY(!), as per usual[2], and, yeah, cold earth wanderers, ha! / William Blake knew ...[1], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![2], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[1], and, yeah, cold earth wanderers, ha! / William Blake knew ...[2], and ... whatever, you know?[1], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[2], and, uh, uh, uh ...[3], and ... whatever, you know?[2], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![3], and don't judge me / What makes you so fucking wonderful?[3], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[3], and I close my eyes for vision ...[3], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[3], and a-ROUND - ? Well ...[3], and, yes, YES(!), yes, of course![3], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[3], and what does this ... mean?![3], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[3], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![3], and I want feelings - !!! / Well, I got them[3], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[3], and I'm spinning DIZZY(!), as per usual[3], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![3], and, yeah, cold earth wanderers, ha! / William Blake knew ...[3], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[3], and ... whatever, you know?[3], and

And, uh, uh, uh ...[1], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![1], and, uh, uh, uh ...[2], and don't judge me / What makes you so fucking wonderful?[1], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![2], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[1], and don't judge me / What makes you so fucking wonderful?[2], and I close my eyes for vision ...[1], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[2], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[1], and I close my eyes for vision ...[2], and a-ROUND - ? Well ...[1], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[2], and, yes, YES(!), yes, of course![1], and a-ROUND - ? Well ...[2], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[1], and, yes, YES(!), yes, of course![2], and what does this ... mean?![1], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[2], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[1], and what does this ... mean?![2], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![1], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[2], and I want feelings - !!! / Well, I got them[1], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![2], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[1], and I want feelings - !!! / Well, I got them[2], and I'm spinning DIZZY(!), as per usual[1], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[2], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![1], and I'm spinning DIZZY(!), as per usual[2], and, yeah, cold earth wanderers, ha! / William Blake knew ...[1], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![2], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[1], and, yeah, cold earth wanderers, ha! / William Blake knew ...[2], and ... whatever, you know?[1], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[2], and, uh, uh, uh ...[3], and ... whatever, you know?[2], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![3], and don't judge me / What makes you so fucking wonderful?[3], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[3], and I close my eyes for vision ...[3], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[3], and a-ROUND - ? Well ...[3], and, yes, YES(!), yes, of course![3], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[3], and what does this ... mean?![3], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[3], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![3], and I want feelings - !!! / Well, I got them[3], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[3], and I'm spinning DIZZY(!), as per usual[3], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![3], and, yeah, cold earth wanderers, ha! / William Blake knew ...[3], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[3], and ... whatever, you know?[3], and

And, uh, uh, uh ...[1], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![1], and, uh, uh, uh ...[2], and don't judge me / What makes you so fucking wonderful?[1], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![2], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[1], and don't judge me / What makes you so fucking wonderful?[2], and I close my eyes for vision ...[1], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[2], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[1], and I close my eyes for vision ...[2], and a-ROUND - ? Well ...[1], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[2], and, yes, YES(!), yes, of course![1], and a-ROUND - ? Well ...[2], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[1], and, yes, YES(!), yes, of course![2], and what does this ... mean?![1], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[2], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[1], and what does this ... mean?![2], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![1], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[2], and I want feelings - !!! / Well, I got them[1], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![2], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[1], and I want feelings - !!! / Well, I got them[2], and I'm spinning DIZZY(!), as per usual[1], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[2], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![1], and I'm spinning DIZZY(!), as per usual[2], and, yeah, cold earth wanderers, ha! / William Blake knew ...[1], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![2], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[1], and, yeah, cold earth wanderers, ha! / William Blake knew ...[2], and ... whatever, you know?[1], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[2], and, uh, uh, uh ...[3], and ... whatever, you know?[2], and you might want to say that I'm sick ... / Baby, I'm sick of WORDS!!![3], and don't judge me / What makes you so fucking wonderful?[3], and an empty consciousness ness oh ness is my dream / but the cosmos keeps feeding me this shit[3], and I close my eyes for vision ...[3], and you've got to laugh - ? / 'Ha, ha, ha!' / Thank you, Voice ... saved me the trouble[3], and a-ROUND - ? Well ...[3], and, yes, YES(!), yes, of course![3], and a-ROUND, and a-ROUND, and a-ROUND ... it helps destroy the words and their meanings[3], and what does this ... mean?![3], and EVERYONE is so busy these days, don't you find? / all running not crawling to the grave[3], and ... / ... FUCK IT!!! FUCK IT!!! FUCK IT!!![3], and I want feelings - !!! / Well, I got them[3], and if YOU(!), you, you ... got any feelings, yourself, like ... why don't you share them, man?[3], and I'm spinning DIZZY(!), as per usual[3], and a HELL of a lot of people - oh, far too many - have hearts and souls and minds ... made of STONE ... / ... it's true![3], and, yeah, cold earth wanderers, ha! / William Blake knew ...[3], and the bastard COSMOS will carry on without any concern for us / you can be sure of that[3], and ... whatever, you know?[3], and

Standard Life Investments has suspended its UK Real Estate fund

Yeah, the big £2.9 billion property fund. Investors can't get their money out now. 'Why?!' Ha! Because of Brexit, man. 'Ha!' But there's no need to panic, dear reader(s) ... [drum roll] ... we've got our country back!!! 'Yippee!' / I'm so glad we've got our country back, you know? I used to lie awake at night ... 'Worrying about your music, boss?' No, Voice. 'Oh. Worrying about personal problems, then?' Ha! Christ! No, Voice. Jesus H.! I used to worry that my country was gone somewhere. Disappeared. I used to cry myself to sleep, after lying awake for a while ... I want my country back. Where's my country? 'Ha! What a loser!' Listen. Then I woke up on the 24th June, and ... my country was here again! 'Hallelujah!' I couldn't believe it. My country had come back. I was so happy to have some "sovereignty". 'Yeah, even though you don't own the fucking country. Even though it belongs to the Queen and the aristocracy and the politicians and the oligarchs.' Shut up, you idiot! 'Sorry, Mikey.' Why do you have to tell the truth like that? 'I'm really sorry.' Let me live with my fantasy, man.

'Baa baa baa baa ...'

...

Anything else? You want more? I've already smashed the SQUARE world into little pieces with just one paragraph, and you want more?! 'They're insatiable, boss.'

Well, I don't know. I just don't know. What can I write about now?

NOTHING.

There is nothing, until tomorrow.

That's all I can tell YOU(!).

But you can imagine, in the spaces ...

If you want to ... / More words. Come on. They never stop. More ideas. More situations. Uh. It's so sickening. But I must go on, like Beckett's Unnamable. Yes. Until I can get free. Will I ever be free?

Are you still ... here - ? / You would be better off over there. Away from all the words. Safe in your reality.

Never mind.

Some time has passed.

I'm not complaining, too much.

Laters.

[No. 428] Who's gonna clean up the mess?

The country is wrecked. And the leaders are gone.

And, well, well ...[1], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[1], and, well, well ...[2], and physically just a shell of a man[1], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[2], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[1], and physically just a shell of a man[2], and I don't know, and I don't care[1], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[2], and if you're looking for a safe place to hide, you better go deep inside, you dig?[1], and I don't know, and I don't care[2], and the COSMOS doesn't care[1], and if you're looking for a safe place to hide, you better go deep inside, you dig?[2], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[1], and the COSMOS doesn't care[2], and I'm not bitter, much[1], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[2], and why are you here with me? / and what do you want?[1], and I'm not bitter, much[2], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[1], and why are you here with me? / and what do you want?[2], and the poor, poor people? / pawns in the game![1], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[2], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[1], and the poor, poor people? / pawns in the game![2], and free will is a curse ...[1], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[2], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[1], and free will is a curse ...[2], and this ... is my REVOLUTION[1], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[2], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[1], and this ... is my REVOLUTION[2], and ... / But, still, there is a problem[1], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[2], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[1], and ... / But, still, there is a problem[2], and I bet the COSMOS knows ...[1], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[2], and, well, well ...[3], and I bet the COSMOS knows ...[2], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[3], and physically just a shell of a man[3], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[3], and I don't know, and I don't care[3], and if you're looking for a safe place to hide, you better go deep inside, you dig?[3], and the COSMOS doesn't care[3], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[3], and I'm not bitter, much[3], and why are you here with me? / and what do you want?[3], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[3], and the poor, poor people? / pawns in the game![3], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[3], and free will is a curse ...[3], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[3], and this ... is my REVOLUTION[3], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[3], and ... / But, still, there is a problem[3], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[3], and I bet the COSMOS knows ...[3], and

And, well, well ...[1], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[1], and, well, well ...[2], and physically just a shell of a man[1], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[2], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[1], and physically just a shell of a man[2], and I don't know, and I don't care[1], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[2], and if you're looking for a safe place to hide, you better go deep inside, you dig?[1], and I don't know, and I don't care[2], and the COSMOS doesn't care[1], and if you're looking for a safe place to hide, you better go deep inside, you dig?[2], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[1], and the COSMOS doesn't care[2], and I'm not bitter, much[1], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[2], and why are you here with me? / and what do you want?[1], and I'm not bitter, much[2], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[1], and why are you here with me? / and what do you want?[2], and the poor, poor people? / pawns in the game![1], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[2], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[1], and the poor, poor people? / pawns in the game![2], and free will is a curse ...[1], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[2], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[1], and free will is a curse ...[2], and this ... is my REVOLUTION[1], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[2], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[1], and this ... is my REVOLUTION[2], and ... / But, still, there is a problem[1], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[2], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[1], and ... / But, still, there is a problem[2], and I bet the COSMOS knows ...[1], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[2], and, well, well ...[3], and I bet the COSMOS knows ...[2], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[3], and physically just a shell of a man[3], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[3], and I don't know, and I don't care[3], and if you're looking for a safe place to hide, you better go deep inside, you dig?[3], and the COSMOS doesn't care[3], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[3], and I'm not bitter, much[3], and why are you here with me? / and what do you want?[3], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[3], and the poor, poor people? / pawns in the game![3], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[3], and free will is a curse ...[3], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[3], and this ... is my REVOLUTION[3], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[3], and ... / But, still, there is a problem[3], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[3], and I bet the COSMOS knows ...[3], and

And, well, well ...[1], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[1], and, well, well ...[2], and physically just a shell of a man[1], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[2], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[1], and physically just a shell of a man[2], and I don't know, and I don't care[1], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[2], and if you're looking for a safe place to hide, you better go deep inside, you dig?[1], and I don't know, and I don't care[2], and the COSMOS doesn't care[1], and if you're looking for a safe place to hide, you better go deep inside, you dig?[2], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[1], and the COSMOS doesn't care[2], and I'm not bitter, much[1], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[2], and why are you here with me? / and what do you want?[1], and I'm not bitter, much[2], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[1], and why are you here with me? / and what do you want?[2], and the poor, poor people? / pawns in the game![1], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[2], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[1], and the poor, poor people? / pawns in the game![2], and free will is a curse ...[1], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[2], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[1], and free will is a curse ...[2], and this ... is my REVOLUTION[1], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[2], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[1], and this ... is my REVOLUTION[2], and ... / But, still, there is a problem[1], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[2], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[1], and ... / But, still, there is a problem[2], and I bet the COSMOS knows ...[1], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[2], and, well, well ...[3], and I bet the COSMOS knows ...[2], and they are gone, our rulers / but I'm still here, totally GONE(!), too ... in my head[3], and physically just a shell of a man[3], and a-ROUND, and a-ROUND, and a-ROUND ... please, let me stay out of the world and out of reality[3], and I don't know, and I don't care[3], and if you're looking for a safe place to hide, you better go deep inside, you dig?[3], and the COSMOS doesn't care[3], and I would resign from the human race if I could, or if I had the guts / but I'm trapped[3], and I'm not bitter, much[3], and why are you here with me? / and what do you want?[3], and YOU(!) can get a-ROUND, uh, yeah, just keep going, man / I'm not your ruler[3], and the poor, poor people? / pawns in the game![3], and they had the freedom to fuck EVERYTHING up, Christ! / Do we blame God or the devil?[3], and free will is a curse ...[3], and a-ROUND, and a-ROUND, and a-ROUND ... / ... please, I want the DIZZY(!) life back! / Oh, here it is[3], and this ... is my REVOLUTION[3], and I'm glad that the chaos and the madness have nothing to do with me, being so aloof and all[3], and ... / But, still, there is a problem[3], and ... / The dirt of small minds sticks to the great souls in our world / and I don't know why[3], and I bet the COSMOS knows ...[3], and

The Schroder ISF Global Gold fund?

Yeah, it's a new gold fund. It hasn't been launched yet. But it makes sense. Gold seems to be coming back in a big way. Unfortunately, I can only afford baked beans. 'That's a real shame, boss.' I'm not bitter, Voice. You can eat baked beans. Very nice. On toast. Three slices of toast. Four is too much (not enough beans in a tin). Cheese on top of the beans. Maybe a can of Coke, too, if you're not worried about your teeth.

Anyway ... where was I? 'The Schroder ISF Global Gold fund.' Oh yes. It's going to be managed by James Luke and Mark Lacey. I couldn't find their profiles on LinkedIn. (Maybe I didn't look hard enough.) So I can't tell you anything about them. Just blank slates, man. 'Mikey, you love blank slates! Are you going to put James and Mark in a conceptual post later?' Er ... I will be writing a conceptual later, but not about them.

Uh, that's enough - ?

...

Well, well ... / Anything else? More! I was looking at various financial videos on YouTube this weekend. I found a brilliant Jordan Belfort one. (The real Wolf of Wall Street.) He has reinvented himself as a Tony Robbins-style life coach, motivator, or whatever. In this video he talks about how he made money selling mortgages after getting busted but before going to prison. All legal. He's just a great salesman. I'm not into sales myself, but it shows you how ... you can achieve anything if you have total belief.

Sales? I'm into music, me. That's my thing. 'I thought blogging was your thing?' Shut up! Music, man. My new song is going to take a lot of takes. 'Eh?' You know I got It's Just a Joke, Man in one take? 'Yeah.' Well, forget about that. This song is longer, and harder to play. 'So what you gonna do, boss?' Well, I can't wait for years. I need the recording soon, within the next couple of weeks. I'm just going to rehearse it every spare moment I've got, until I can play it in my sleep. 'Until you can play it with your teeth, behind your head - like Jimi Hendrix!' Er ... probably not. I know Jimi was a genius, but how can you play with your teeth behind your head? 'Anything is possible if you have total belief, Mikey.' Yeah, maybe.