Tertius Bonnin

Tertius Bonnin is a multi-asset investor based in the City of London. He also writes on Substack.

Articles

Economics

How Labour killed a coffee shop

You’ve done it. After 15 years of staring at a screen and someone else’s quarterly KPIs, you have finally resigned. The dream is close. Your own coffee shop. Your other half is on board, if a little nervous. The bank, after a polite interrogation, has approved the business loan. You scout a unit on a […]

Asia

What Britain can learn from Japanese Thatcherism

In the pre-dawn stillness of Tokyo’s Nagatacho district, the lights on the fifth floor of the Kantei remain stubbornly ablaze. Inside, Japan’s first female Prime Minister is likely to be on her fourth cup of tea and her eighteenth hour of work. Sanae Takaichi does not believe in Japan’s legendary ‘lost decades’ (roughly 1991-2021) of […]

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