Month: October 2016

BE CAREFUL WHEN BUYING QUALITY, ARE THEY PRICED FOR PERFECTION?

When going through some of the stocks mentioned on this blog and how they performed I came across some previous posts I made about warning of buying “quality” companies because they were demanding high valuations at the time. Continue reading “BE CAREFUL WHEN BUYING QUALITY, ARE THEY PRICED FOR PERFECTION?”

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WHERE INSTITUTIONS AVOID AND RETAIL INVESTORS FIND BORING

I meant to write this post when beginning the blog to assist in describing my investment style but it slipped my mind. It resurfaced in my thinking when I recently read a book Margin of Safety, by Seth Klarman. Some areas he cites in the book that are useful to look for opportunities are very similar to what I look for. Continue reading “WHERE INSTITUTIONS AVOID AND RETAIL INVESTORS FIND BORING”

TAKING PROFITS IN SOME SMALLER LICs

I nearly always enter an investment assuming I may be holding that company in terms of years not months, but with some selling I have done of late it hasn’t turned out that way. A month or two ago I pointed out the difference in performance of the leading companies on the ASX versus the small ordinaries over the last year or so. Continue reading “TAKING PROFITS IN SOME SMALLER LICs”

Seinfeld, active fund managers underperforming, the pound and IG markets, AGF & KAR / NGE.

Seinfeld & fund managers underperforming

Firstly I want to touch on the volatility in the pound. Most of this year I have broadly favoured looking for foreign currency exposure when AUD/USD is above 75 and more so at 77 as a guide. Continue reading “Seinfeld, active fund managers underperforming, the pound and IG markets, AGF & KAR / NGE.”