Monthly Archives: November 2016

In Defence of Desks. 

There was a classroom a long long time ago when there was no bickering over who sits next to who, it was treacherous to copy your neighbour and the current plague of migrating pens, pencils and photocopies was non existent. It was the golden dusk of the Thatchereich, it was 10% interest rates, the IRA, Black Wednesday, it was the age of Desks. 

These boys are now 10x richer than you and can still say rude things in Latin…

Rows of ordered wooden boxes contained the necessities of life, fountain pens, pencils and your text books, there was no need for separate cluttered boxes and plastic trays. The more sensitive and less dominant members of the class were inherently separated from the more wilful; and the socially awkward were not humiliated when no-one wanted to sit next to them. It was also easier to focus on your work when other pupils were not elbowing your writing hand and creasing your worksheets.

For the year that you had your desk you owned it, it was your responsibility and so was the area around it. You were praised and reprimanded for the state of your property. In the current faddish, open plan, “hot seating” world no single pupil is responsible for the tidiness of any single area. If you cannot be called to account for your untidiness or rewarded for your neatness then you are unlikely to try and keep anything ordered. For anyone who has lived with filthy housemates you will understand the situation, when one housemate doesn’t make the effort to clean up after themselves in shared areas of the house it just stays dirty. It’s the same dastardly principal that made the Soviet Union so polluted and why the EU’s common fisheries policy is not popular with fish. In many schools with majority shared space the teachers now seem to clean up after pupils, an unnecessary task that definitely does not teach children about the realities of life. 

Preparing children for life in Utopian Telly-Tubby land…. 

Ordered rows of desks benefited teacher access to pupils. While completing an exercise you would feel the silent gaze over your shoulder and perhaps the muttering of encouragement. With labyrinthine table arrays barring access to pupils it’s sometimes only when the books are handed back in that a teacher realises which pupils are struggling. 
Although this could all be seen as moaning I should say that I am a great believer in the cyclical nature of things including education. Open plan classrooms were probably around before people realised the excellent noise cancelling properties of walls; Socrates probably got fairly fed up when swordplay was scheduled in close proximity to his Philosophy class. The Northern Europeans were struck by the idea of open plan schools in the 1970’s but over the next 30 years managed to see sense and brick in the gaps between classes. I’m fairly sure the current fads for hot desking, yoga balls and the overextended buzz of “collaborative working” will also revert at some point. 

When the money is available where do the global elite want to send their kids? To the best schools for results and these are still overwhelmingly traditional, rigorously academic, competitive relics (desks or no desks). 

Cameco, the largest western uranium producer.

Value Investing, finding Value this Month.

Obviously these ideas are not solicitations to invest, you should do your own research and get advice from a professional that can take into account your personal circumstances. I have lost money on many investments and will again in future.

It’s been a couple of months since I published my last list of things that I am finding interesting. I thought it might be useful to look at some of previous investments as some of these are correcting and I may again think about topping up these positions. The US markets still to be very frothy and I although I’m no market timer I sense with the election result in the US and the realisation that European politics is dramatically changing the market will soon break from it gentle sideways meander. Upwards or downwards I have no idea. Could a flight to safety drive the US markets and dollar higher or will a world falling apart and nosebleed valuations let it drop?

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