Mike Lynch should inspire us

The tragedy of the Bayesian highlights a wider issue about our lack of ambition

NED

THE DEATHS OF MIKE LYNCH and six others in the sinking of the Bayesian is, at one level, a simple human tragedy. Many City folk had dealings either with Lynch in one of his many incarnations or with Jonathan Bloomer, the likeable chairman of the insurer Hiscox who was one of the other victims. For a few days, members of my Square Mile WhatsApp groups paused their insistent sharing of off-colour memes, and there were only expressions of quiet shock and horror. However, there is also a wider story to be told of a very singular entrepreneur and his relationship to an equally singular sailing vessel — and an important message about the British and their attitudes to wealth creation. I heard about the Bayesian disaster as I was returning…

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The Critic (Digital) - 1 Issue, October 2024

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