Evidence, Judgment and Long-Term Thinking in Global Investing

In this episode of Castlebay Conversations, George Ladds speaks with Matthew Beddall, Chief Executive Officer of Havelock London.The discussion explores Havelock’s evidence-based approach to global investing, combining quantitative research with human judgment. Matthew shares his journey from systematic investing to building a long-term, conviction-led strategy focused on quality businesses, valuation discipline, and resilience through market cycles.They cover how value and quality intersect, why short-term performance can be misleading, the role of concentration and diversification, and how investors can manage behavioural bias in volatile markets. The conversation also looks at the limits of data and AI, and why common sense, patience, and historical perspective remain essential to good investment decisions.A thoughtful discussion for investors and professionals who value long-term thinking over short-term noise.