Investment Strategy Insights

The latest research & strategic thinking from Tristan Capital Partners

From Simon Martin, Chief Investment Strategist & Head of Research

Productivity ...

Does accrue linearly as firms innovate - I think firms accrue it in 'reserves' and then they apply it under duress and when their ability to add more labour is acutely constrained ... then firms use their innovation 'reserves' ... and grow output per employee (either by shedding staff for the same revenue or not adding more staff when revs increases) ....