Brexit: Change, just not in the order you think.
![](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBZ1lIIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--0509318d6a862d9957f8587832da8c1faf705148/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/Chad_Slater.jpg)
Ellerston Capital
I was a reluctant writer of a Brexit blog, given the amount pieces already written by people saying essentially the same thing: "it's bad and we don't know what is going to happen next". So instead I focus on what we have seen in markets over the last 3 trading days and try to use a similar event as a model. We then look at what investments may do well from here and we conclude by speculating on what it means for globalisation. Hint: it's not good for any of our kids, because in the end "we overestimate the short term impact and underestimate the long term impact" of change. Follow link to read more: (VIEW LINK)
5 topics
![Chad Slater](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBZ1lIIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--0509318d6a862d9957f8587832da8c1faf705148/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/Chad_Slater.jpg)
Chad co-founded Morphic Asset Management in 2012. As a stock picker Chad is also a generalist but has strong regional knowledge of Europe and the Americas. He has also been awarded the CFA Charter.
Expertise
![Chad Slater](https://assets.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBZ1lIIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--0509318d6a862d9957f8587832da8c1faf705148/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwQWNocEFjZz0iLCJleHAiOm51bGwsInB1ciI6InZhcmlhdGlvbiJ9fQ==--d4026b52d9aa7a676b3d70dbe31c85d930184392/Chad_Slater.jpg)
Chad co-founded Morphic Asset Management in 2012. As a stock picker Chad is also a generalist but has strong regional knowledge of Europe and the Americas. He has also been awarded the CFA Charter.