Real Name: Iain
Occupation: Other
Interests: Commodities, Economics, Oil
About Me:
Programmer with an interest in the markets, documenting my thoughts on my blog, jargon-free.com. I'm writing a portfolio management tool which may be of interest to some (more info at iainbenson.com) - though can't see it being completed for some time.
Focussed on random energy companies and cash.
After years of investing in poorly performing mutual funds, I decided to take control of my finances and invest in stocks directly instead of paying fund managers to under perform. My blog contains information about my strategies, my general thoughts on the market and a place for me to document articles/videos for future reference.
Web Address: http://www.jargon-free.com/
I’m still going through the process of catching up on my Christmas reading - one web site that I like to keep an eye on is that of John Hussman, who writes an excellent weekly update of the market. I found the entry from the 20th December very interesting, and would recommend having a read. The Market has been hitting yearly highs, and the all…
It’s been some time since I last posted on the blog, and so far, 2010 has been a very good year. I’ve made significant profits with Encore Oil (LON:EO.), Dana Petroleum Plc (LON:DNX) and Caledon Resources Plc (LON:CDN) , [and a missed out on a few by selling too early]. Recently, after trimming my overweight holdings, I’ve noticed a lack of suitable oil shares to…
Hi Mark,If you ever get round to installing tweetdeck, I recommend installing an older vesion. I wasn't impressed by the latest version. On investigation, it appears that since twitter bought it they've removed lots of features (particularly for other social networks*). The older version seems really good and is a lot more configurable. Iain. *Couldn't comment/like on other's facebook posts, or write on their wall…
Here's a link to yesterdays Niko Resources presentation at the FirstEnergy/Société Générale East Coast Energy Conference. Well worth a listen.
Thanks Marben for expanding on your reasoning for selecting RCP. Putting capital preservation before growth does appeal, this seems to be backed up by comparing it's performance during the downturn to other indices. I've downloaded the annual/half yearly reports, and had a quick initial look. With investments in Agriculture, Water, Oil and Health, the IT seems to be playing on the same global themes that…
Thanks everyone for the info on Money Market funds, B&B sub debt, and the index linked gilts suggestions. Thanks also to Marben, it's very interesting to read his thoughts (and portfolio positioning) regarding the coming year. I think that given my experiences in 2008, I'd rather play it safe and leave some potential gains for the next man. I've seen RCP mentioned several times in…
This may be of interest :o)KNOC is today updating the market in relation to its approach to Dana Petroleum. Following discussions with the management and advisers of Dana Petroleum, on 14 July 2010, KNOC submitted an indicative cash proposal to acquire the entire issued and to be issued share capital of Dana Petroleum at a price of 1,800 pence per Dana Petroleum ordinary share (the…
