Fund manager Peter Lynch advocated for the “buy what you know” theory, emphasizing investing in companies you interact with and understand. Trainline, specializing in UK rail tickets, is an example of this approach, offering convenience and strong customer service. With revenue growth, expanding margins, and market momentum, Trainline presents a reasonable investment opportunity at a valuation of 24 times forecast earnings for 2025.
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Five takeaways on Trump’s opening trade salvo
Donald Trump did not impose new trade tariffs on the first day of his second term, but outlined an "America First Trade Policy" focusing on remedying unfair trade practices and identifying currency manipulators. The president pledged tariffs in the near future, prioritized actions on Canada and Mexico, and signaled a systematic overhaul of trade relations with China. Trump also weaponized tariffs to achieve policy goals beyond reducing trade deficits and considered implementing a "global supplemental...
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