Why Defiance?

HMS Defiance was a 74-gun ship of the line that fought at some of the Royal Navy's greatest victories - Copenhagen in 1801 and Trafalgar in 1805. At Copenhagen, serving as Admiral Graves' flagship, she found herself exposed to severe crossfire from Danish batteries. Despite taking heavy damage and being set ablaze multiple times by red-hot cannonballs, HMS Defiance held her position in the line of battle.

There's something familiar about that moment for anyone who's sat in an investment committee as the lone contrarian voice.

Frankly these days, investing in individual stocks rather than just passive ETFs feels like an act of defiance.

Which is a shame.

After 17 years managing portfolios for private clients - from private banks to fintechs - I've found the most interesting opportunities are now in the land of the stock picker. My approach tends to be top-down and thematic in nature, with the odd special situation play.

Defiance Research aims to provide UK private investors with independent research and analysis - uncovering ideas that others haven’t spotted yet.

Nothing here is financial advice, please read the disclaimer at the bottom of this page.

The content on this page is for information purposes only. It does not constitute investment advice or an offer to buy or sell any security. You are solely responsible for any investment decisions you make based on the information provided.

Please remember, past performance is not a reliable indicator of future results.

Members of the team may hold personal positions in some of the companies mentioned.