I’ve taken advantage of a glorious Sydney morning to come in to the city and visit a start-up hedge fund managed by ex-traders from 3 major banks. They are really doing it tough in their magnificent offices overlooking the opera house and harbour (though they could do with a snooker table).

It’s always good to get an exchange of ideas and see what others think. Then of course ignore their ideas and tell them how it really is- like any good trader.