Ian Lance

And I think it's possible that people are buying this dip for the wrong reason, by which I mean, historically, it was right to buy the zip because whenever something happened, the central banks of the world wrote your rescue.

either cut rates or printed money or whatever.

They were going to do whatever it takes.

I don't see how central banks can print money and open up the Strait of Hormuz and get the oil price to come down.

If anything, if they do that, it's going to make the inflation problem worse, not better.

And so, yeah, I do find that a bit worrying.

I have just finished Lionel Barber's biography about Son, Myoshi Son.

And I have just started Jeremy Grantham's book, The Diary of a Perma Bear.

I did indeed, yeah.

I almost don't need to read the book, actually.

Those are both good books.

What I tend to do is I have a list of books at Christmas time.

My family just buy me investing books, and then I basically spend the rest of the year reading them.

Exactly.

Yeah, exactly right.

Pleasure.

Good to talk to you.