Prando's Asset Management - Spear of destiny

The chairman fears the asparagus is disagreeing with him – literally

Julian Marr
clock • 3 min read

"Twitter or asparagus?" asked the chairman of the improbably-sized investment company Prandeamus Asset Management when I dropped by his office this week. "I wasn't aware that was an 'either-or' choice," I replied.

"Can't you have both?" "Don't be ridiculous," snorted the chairman. "Why would I shell out good money for a Twitter monitoring service, if the asparagus turns out to be right? You're not making any sense." "I'm not making sense?" I replied. "Maybe you could give me some context?" "Listen," sighed the chairman rolling his eyes. "Donald Trump is quite the tweeter, yes?" "So I understand," I nodded. "Right," said the chairman. "And he's also cavalier and unpredictable, isn't he? So, the way I see it, it is entirely plausible he will tweet stuff that moves markets. "He might, for example,...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Partner Insight: The quiet winners of AI competition

Partner Insight: The quiet winners of AI competition

The tech giants are locked in a money-throwing contest to dominate AI services. But the real winners may be the catchers of that capital. From the fabrication plants of Taiwan to the memory stacks of Korea, there are underappreciated and undervalued companies that are positioned to benefit no matter who comes out on top.

Orbis Investments
clock 22 September 2025 • 4 min read
Chris Justham: Join the investment rebellion

Chris Justham: Join the investment rebellion

Let's start with a game of 'Are you as rational as you think you are?'

Chris Justham
clock 17 September 2025 • 3 min read
Muted response as Labour names Grimsby Town FC co-owner next investment minister

Muted response as Labour names Grimsby Town FC co-owner next investment minister

After the sudden exit of Poppy Gustafsson last week

Eve Maddock-Jones
clock 08 September 2025 • 2 min read