For those who aren’t familiar, at Thinks and Drinks Fathom invites friends and clients to join us at a bar to socialise and discuss issues shaping the economy. Towards the end, there were three of us left with an already opened bottle of wine, and we were faced with the decision of whether to go back home, or stay to “get our money’s worth”. The day after, I realised that I had probably been subject to the sunk cost fallacy,

The invitation from my dear friend Arnaud — tireless partner during my Poland adventures — to his second residence in Corsica was too good to be rejected. Not only because I really needed a vacation after some turbulent weeks personally, but also due to the irresistible appeal of visiting a place that, although close geographically, was a total mystery to me. So, here I am to report the outcome of this extremely pleasant trip. Trust me: you are gonna like

Have you ever told a friend you loved their new haircut when, in reality, you didn't? Or perhaps you've excused yourself from a social event by claiming you had a prior commitment? Let’s face it, we all tell the occasional fib. Lying, it seems, is an integral part of human interaction: in fact, research suggests we tell one or two lies on average a day. While some lies are harmless, others can have significant consequences, particularly in the realm of

It is exactly a year since we were handed the keys to our first house, and my main memory of the last twelve months is the do-it-yourself spree that ensued. I must confess that I was never much of a DIY type, and sometimes I miss the days of renting when worrying about something that needed fixing ended with a quick phone call to the landlord. But last June I mortgaged my life for a heap of bricks and mortar,

Penalty shootouts have haunted English football fans for years. Since 1990, England have been involved in nine shootouts across the European Championship and World Cup competitions and won only two of them: a dismal record for what is supposed to be a premier footballing nation. An estimated 31 million people in the UK tuned in to watch England play Italy in the Euros final of 2021, only for the team’s journey to be ended by the all-too-familiar nemesis. So with

I’ve been told I can be very competitive. Having grown up with three siblings, I wouldn’t disagree. Last weekend however I more than met my match while playing a board game with my future in-laws. While I managed to clinch a victory, it was a little too close for comfort. So here I am, unashamedly using my slot for this week’s blog as an excuse to figure out the best strategy for the inevitable rematch. The board game in question

Back in 2016, my inaugural Thank Fathom It’s Friday covered an upcoming election. In a year of shock results, the piece focused on countries where political results were set in stone. Using South Africa’s African National Congress (ANC) as an example, it looked at the enduring political success of parties that led their country to independence. At that point, the ANC had been in power for 22 years. Looking at the experience of other ‘freedom’ parties, I reckoned they had

It’s always fun to mock politicians. So, when I saw UK Chancellor Jeremy Hunt announce his ambitions for the UK to possess a one-trillion-dollar homegrown company within ten years, I thought another opportunity was coming my way. But then I started imagining whether it was actually possible… Unsurprisingly, in turns out that there’s a positive correlation between the size of a country’s economy and the market cap of its largest publicly listed firm. The chart below shows this relationship for

I enjoyed reading my colleague Elisabeth’s blog post, published last Friday, in which she quotes the former Norwegian Prime Minster, Gro Harlem Brundtland, who once declared: “It’s typically Norwegian to be good”. This got me thinking: what are we Brits good at? Many things, I hear you cry. To which I would specifically add: winning Olympic medals. I am reminded of one of the first Thank Fathom It’s Friday blog posts that I wrote back in 2016, which tried to model

“Its typically Norwegian to be good” is the somewhat awkward direct translation of a quote from Gro Harlem Brundtland, the former Norwegian prime minister. ‘Good’ in this case should be read in the same way as ‘being good at something’ rather than being especially moral.[1] Brundtland originally made this remark in her 1992 New Year’s Eve speech, when comparing Norwegian international sporting achievements with her ambitions for Norwegian businesses struggling with the ongoing recession. It has since become a piece of