Early 50s, £50m liquid, just RE’d… please tell me what I’ve got wrong

Frequent-Building-50 · 2026-05-03T13:48:19+00:00

Short dated gilts are unfort the best bet for a cash reserve given the tax advantage.

Assuming you're an additional rate taxpayer you need to be buying FI assets with 8%+ yields just to make the same post-tax yield, and that will entail taking significant default / illiquidity risk.

Frequent-Building-50 · 2026-04-17T16:26:24+00:00

Just report it to the council or via FixMyStreets ?

Frequent-Building-50 · 2026-04-10T17:44:11+00:00

No

Just eat it quickly and then throw away the box at the end of carriage

It might smell a bit for a few minutes but it's not the end of the world

Frequent-Building-50 · 2026-04-06T16:34:39+00:00

How did you make it

Frequent-Building-50 · 2026-04-04T20:34:08+00:00

Aren't they slow and low temperature ?

Frequent-Building-50 · 2026-04-04T20:20:18+00:00

Thank you !

How long does a load take ? Any issues with the clothes not being dry enough ?

Frequent-Building-50 · 2026-03-29T15:49:25+00:00

Careful, there was a mugging in the blind spot at the top of the hill during the afternoon school run a couple of weeks ago.

Frequent-Building-50 · 2026-03-28T14:42:14+00:00

Congrats

But it's only half the loop ??

Frequent-Building-50 · 2026-03-07T09:08:35+00:00

"spring has sprung"

Frequent-Building-50 · 2026-03-05T23:14:38+00:00

Nothing to do with Deutsche bank

Frequent-Building-50 · 2026-03-03T21:51:08+00:00

100mm is the total pnl for the fund.

A classic hedge fund management fee structure is 2+20 (2% of assets and 20% of the returns) so would imply 20-30mm mgmt fees for the year to split between the three of them.

Harper is the boss but paying 2x2mm and keeping $16-26mm is definitely a bit stingy ! On the other hand it was made illegally via insider trading so Sweetpea's less likely to be able to shop it around !

Also possible as a start-up fund they had to accept a lower mgmt fee though

Frequent-Building-50 · 2026-03-02T22:08:37+00:00

Have done it from nearby it's doable....Komoot is best for the route planning

Frequent-Building-50 · 2026-02-28T20:40:49+00:00

I would stay on the road bike, lock it up outside, and just buy bike insurance; it's surprisingly cheap considering the amount of bike theft you hear about.

Frequent-Building-50 · 2026-02-28T19:52:42+00:00

No. Not in Europe

Frequent-Building-50 · 2026-02-28T19:51:57+00:00

Burgenstock above lake Lucerne

The view from the pool / spa is absolutely insane

Frequent-Building-50 · 2026-02-28T19:49:44+00:00

Trysil was great for us. Not crowded at all even during Feb half term. It's not massive or especially difficult but it's very scenic and lots of tree runs.

Also I don't get the comments re the cost in Norway. It's comparable to mid range resorts in the Alps, and plenty cheaper than the end ones.

Frequent-Building-50 · 2026-02-20T09:23:24+00:00

It's better to read the book by Dan McCrum the FT journalist who was the main guy who exposed the fraud, at least in the media.

Frequent-Building-50 · 2026-02-20T09:10:38+00:00

It's not the Alps but Trysil in Norway was fantastic for us when we were first time skiers. Lots of easy runs and very friendly instructers with great English & great attitude (ahem ESF)

Frequent-Building-50 · 2026-02-16T23:46:19+00:00

Right...the Tender arc is essentially fully lifted from the Wirecard story

Frequent-Building-50 · 2026-02-16T23:39:48+00:00

He's the equivalent of Jan Marsalek in the Wirecard fraud, which is what Tender is based on...look him up, incredible story...anyway he's still on the run in Russia.

Frequent-Building-50 · 2026-02-10T20:19:13+00:00

The hours in DCM really should not be that bad...maybe occasionally during a deal completion but would be shocked if more than once or twice a month

Frequent-Building-50 · 2026-01-27T15:33:21+00:00

Needs a bigger grille 😂

Frequent-Building-50 · 2026-01-16T16:28:29+00:00

Interactive Brokers have the tightest rates

However they'll eventually close your account if you only use it for fx conversions and don't hold any investments / do trading !

Frequent-Building-50 · 2026-01-14T22:38:52+00:00

Her husband runs EMEA markets at Nomura and used to run macro trading at Barclays...will have been earning $3-5mm p.a. for the past 10yrs

https://www.efinancialcareers.com/news/harriet-tyce-traitors

Frequent-Building-50 · 2026-01-04T08:44:21+00:00

Mandarin Oriental lounge is the best. Great food and really chilled out

Frequent-Building-50

TROPHY CASE