The years roll by

As I look back on Value Research's journey, there have been very few years as exciting as this one. I mean that, of course, in the sense of the ancient Chinese curse 'May you live in exciting times'. As the whole world lives and dies from this modern curse that China has unleashed, the idea of living in exciting times doesn't seem very... exciting. We would all like to live in dull times, where only predictable things happen. Back in February, hardly any of us had ever expected to go around wearing masks at all times and now many of us fear that