Investment Strategies

New Year Share Tips – Are They Worth Following?

It’s that time of year when financial magazines and newsletters analyse their past share tip performance and give their New Year tips. Are the tips worth picking up or even reviewing? One approach you might think would be effective would be to simply back those publications who had the best historic performance. One review I picked up on Twitter (I am not sure of the original source) gives the Investors Chronicle (IC) as the winner in 2019 with a 37% return with ...

Learning about investing – thanks to ShareSoc

It is always interesting to look backwards as well as forwards as an investor and no better time than at the turn of the year. First of all, I would like to say that most, if not all, I have learnt about investing in the stock market has resulted from my involvement with ShareSoc. I would like to express thanks to fellow ShareSoc Directors who have been very helpful but also what I have learnt from the ShareSoc Newsletter, ShareSoc Seminars and ...

End of year musings – VCTs

Should I continue to invest in VCTs, I ask myself. Hold, Buy or Sell? I was steered into these investments by my financial adviser, when I was busy working and never had the time to get to understand what I had bought until I retired. So, to start my decision process, I looked at returns. Northern VCT total returns are 3.6% gross (5.1% after 30% tax relief)  p.a. compound since 1995, 24 years ago when I invested. Baronsmead 3 total returns are 3.6% ...

Winning The Loser’s Game – It’s Like Tennis

It’s that time of year when we review our investment performance over the last year and some of us realise that it would have been lot better if it was not for the few disasters in our share holdings. For example, this is what well known investor and ShareSoc director David Stredder tweeted before Xmas: “End of 2018 and most of this year has been pretty awful investing wise for me...ACSO, CRAW, BUR, SOM, OPM & JLH were all top 15 ...

Mindless Investment Wins Out?

Last week on-line investment news site Citywire published a report headlined “Tracker fund sales smash records as UK investors pile into passives”. I was the first to add a comment which was “Mindless investment wins out. But at least folks are wising up to open-ended property funds and highly dubious ‘absolute return’ funds”. That generated a number of other comments, mainly from people defending tracker funds. For example, a couple were: 1) Retail investors, with enough sense to be aware of their ...

Fevertree Fall, Trading Times and More on HBOS/Lloyds

Last week when I spoke at the Mello event I talked about my investment winners over the past few years. One of them was Fevertree (FEVR) but I was asked why I no longer held the shares. I gave a brief explanation at the time but there is good exposition of the issues by Phil Oakley in this week’s Investors Chronicle. Fevertree’s share price peaked at 3200p in May 2019 but it’s now about 1900p. It has declined so much in the ...

Mello Event, ProVen and ShareSoc Seminars and Lots More News

It’s been a busy last two days for me with several events attended. The first was on Tuesday when I attended the Mello London event in Chiswick. It was clearly a popular event with attendance up on the previous year. I spoke on Business Perspective Investing and my talk was well attended with an interesting discussion on Burford Capital which I used as an example of a company that fails a lot of my check list rules and hence I have ...

Exchange Market Size in Stockopedia and BHP plus RIO

I noticed that the share prices of BHP Group (BHP) and Rio Tinto (RIO) jumped this morning – at least for these behemoths of the FTSE-100 they moved substantially at 2.8% and 3.4% respectively. I only noticed because I recently purchased some of the shares in each company. These are of course very large mining companies so they are dependent on the price of metals and metal ore, particularly iron ore. The last time I looked at these companies was two or ...

GB Group, Patisserie Holdings, FRC Stewardship Code and Halma

The stock market seems to be in limbo as business waits to see the outcome of Brexit politics. In my portfolio, small cap companies are drifting down and even large funds and trusts have been declining. Is this due to currency effects or the realisation that “star” fund managers such as Neil Woodford cannot be relied upon? Others are just bouncing around. However there was one exception yesterday when GB Group (GBG) jumped 14% after a positive trading statement. That company ...

Woodford, Buffett Bot and FRC Survey

There was a very good article in the FT on Saturday on the “rise and fall of a rock star fund manager”, i.e. Neil Woodford. Essential reading for those who...