Jeremy Hosking
While at Marathon, Jeremy helped to develop the ‘capital cycle’ approach to investment.
He is a contributing author of both Capital Account and its sequel Capital Returns, essential reading for any capital cycle investor. His insights have also been featured across several prominent investment publications.
A heritage railways enthusiast, Jeremy invests in restoring and preserving steam locomotives. He actively supports various heritage railways trusts and museums, ensuring these vital elements of British history are preserved for future generations.
Q4 2025 Quarterly Report Commentary
Jeremy Hosking reflects on a strong year for the portfolio.
8 min read
Japan: The Best Game in Town
Jeremy Hosking’s thoughts on the recent Japanese stock market drawdown
6 min read
Plunging share prices and soaring ‘known unknowns’
Jeremy Hosking on responding to unexpected external events.
5 min read
Behind The Balance Sheet
Jeremy Hosking was invited to speak on the ‘Behind the Balance Sheet’ podcast with Russell Napier. In this interview they discuss the coming age of financial repression and why the capital cycle theory will be so important for investors in this new era.
1 min read
Japan: Land of the Rising Shareholder
Episode 3 of our Capital Cyclists podcast, with Jeremy Hosking and John Seagrim
1 min read
Q1 2023 – ESG and Active Ownership Report
I am delighted to introduce our first active ownership report for 2023, albeit a difficult quarter for our active equity management. For nearly forty years our fund management team has leaned into (against) prevailing investment orthodoxies. These fads and fetishes have changed over time and in recent years have coalesced around an ESG imperative. Historically […]
2 min read
Why the current value rotation will enjoy a long runway
With the Hosking Partners global portfolio having benefited from the recent change in market leadership towards more value-orientated stocks, the question we are most frequently asked is “how long is the value rotation runway?”. In this Hosking Post, Jeremy Hosking discusses the reasons why he believes there remains a long way still to go, including, […]
1 min read
What Works In Investing
“In theory there is no difference between theory and practice. In practice, there is” Yoggi Berra – Speech to the Columbia Business School, 2 March 2015 Speech to the Columbia Business School, 2 March 2015 A couple of years back I retired (temporarily) from professional asset management. As my duties faded in the run-up to […]
12 min read