Real Name: John
Occupation: Other
Interests: Economics
About Me:
2001-13 IRR 11.8%
Purchasing good quality assets at low prices and selling them when there are better prospects elsewhere, even if that means cash. Asset allocation/top down, mainly between equities & cash although happy to take advantage of any asset which I perceive has the potential reward to match the potential risk. I utilise value strategy when investing in equities.
Influences
Barclays Capital Equity Gilt Study
Shiller's Cyclically Adjusted Price to Earnings ratio (CAPE)
Lindsell Train's Investment Insights
Merryn Somerset Webb's articles
Personal Assets Investment Trust's Quarterly Analysis of the investment environment
Full copies of the last 3 years studies, including long run data, are available free of charge now from the Barclays site - 2012 Study The Equity Gilt Study has been published continuously since 1956, providing data, analysis and commentary on long-term asset returns in the UK and US. This publication provides a uniquely long and consistent database: the UK database goes back to 1899,…
Source : http://www.rns-pdf.londonstockexchange.com/rns/3844W_-2010-11-17.pdf Investment Portfolio as at 30th September 2010 Value of investment % of Investment holdings Country £ million NAV Quoted equities BR Properties Brazil Brazilian real estate 21.1 1.2% Watson Pharmaceuticals United States Pharmaceuticals 18.7 1.0% Paypoint United Kingdom Electronic payment systems 17.3 0.9% RHJ International Belgium Investment company with Japanese focus 17.1 0.9% Transocean United States Offshore drilling contractor 12.7 0.7% Phoenix…
Timing is the most important indicator of future returns. Buy something that is historically overvalued and poor future returns are almost guaranteed. Buy something that is historically undervalued and good future returns are almost guaranteed. Chapter 1 of the 2009 edition of the long running Barclays Capital Equity Gilt Study comprehensively debunks the myth that timing is insignificant -"The rather brutal lesson we can glean…
A compehensive broker notes price summary archive is available from MoneyAM via the Norwich & Peterborough Building Society -http://sharedealing.nandp.co.uk/broker-views/PCI/Petroceltic-InternationalMost broker notes are available from Petroceltic's website -http://petroceltic.com/investor-centre/analysts-notes-and-forecasts.aspx
We have got Frontera Resources (LON:FRR), which has been a fantastic story...we have been helping to get them into a position where we could remove most of this convertible through what was effectively a huge dilution of the share capital I suggest that you go and ask the investors you wiped out with your hugely dilutive share issue whether they think that it's a fantastic…
Thought provoking research sources, thanks Ed.
This week I received a market research questionnaire from Tesco (I think) via YouGov. Snap ! and they were my thoughts exactly. It's interesting how revealing these surveys are about the way companies are thinking.
