Jeremy Hosking is singularly unimpressed by the way asset managers ply their trade: “It’s like Isaac Newton and the apple,” he says. “The business is always obsessed with the apple. They clean it. They analyse it. They cut it up. They completely miss the idea which lies behind it.”
Newton used the apple to gain an insight into the force of gravity and Hosking wants his $5 billion boutique, Hosking Partners, to seek inspiration the same way.
