Occupation: Private Investor
Interests: Asian Markets, Bonds, Commodities, Derivatives, Economics, Emerging Markets, European Markets, Funds, Geopolitics, Gold, Hedge Funds, Interest Rates, International Stocks, Oil, Private Equity, Property, Stocks, US Market
I am a full-time private investor... with a little trading on the side (generally small-scale arbitrage in specialist niches).
Previously, I spent 24 years in the IT industry, 13 of those running my own IT services firm. I invested as a "hobby" for 20 years before turning it into a full-time occupation in 2004.
I really enjoy the "research" side of investing, finding out about varied businesses and industries and learning what makes them tick. Since going "full-time" I have learnt an awful lot from some very erudite investors & professionals who are kind enough to share their expertise in electronc forums such as this. I can now count a number of them as my friends, having had the opportunity to meet them in the real world, as well as this virtual one!
I try to pay back the debt I owe by sharing what I've learnt and I always value constructive criticism to correct my errors and misapprehensions!
I am a Director of ShareSoc, the UK organisation for individual shareholders. See below for details.
Value oriented - but taking account of growth. I always look for "cheap" stocks but adjust my definition of "cheap" to take account of conservative growth prospects. "Cheap" can also relate to asset value, as well as earnings/cashflow.
ShareSoc is a not-for-profit campaigning organisation, promoting individual share ownership, fighting for shareholder rights and providing educational resources to investors.
Web Address: http://www.sharesoc.org/
PO Box 62
The price of oil (and energy in general) is significant for all investors, not just those invested in oil companies, as energy costs are a key input to the economics of many businesses. Hence the recent sharp decline in prices will have widespread economic ramifications, not just the obvious impact it has already had on the share prices of businesses linked to the sector. A…
Greetings! I am preparing a course on behalf of ShareSoc, designed to help investors who are not very comfortable or familiar with the range of tools now available to them. Now, I appreciate that most readers here are already "web savvy" and this course will probably not be suitable for you. However, maybe you know someone who isn't quite "up to speed" and would welcome…
I have recently made a small investment in Ophir Energy (LON:OPHR) , thanks to @WShak1 alerting me to the price drop following the placing by early investors Och-Ziff and Mittal. As it turned out, this was shortly followed by a large rights issue, which I shall be happy to take up. Ophir has been on my radar for a while, as a highly successful explorer,…
Earlier this week, a very important article/study was reported on by Reuters, following on from the original press release from the University of Texas here. I have been sceptical that shale gas is the panacea it's been touted as. My concern was whether the CAPEX required for drilling and fracking was economically justifiable, given the rapid decline rate of shale wells. Whilst such wells produce…
Inaugural ShareSoc Technology Company Seminar ShareSoc is pleased to launch the first of a series of technology company focussed seminars exclusive to ShareSoc members. The event will take place on the 20th March 2013, in the City of London, commencing at 5:30 pm. Three companies will be presenting and answering your questions: Escher Group (LON:ESCH) : a developer of software for the postal industry. Deltex…
Hi Paul,Excellent article, well done! I strongly agree with your views re short-sellers: it pays to examine carefully their reasons for shorting, as a counterbalance to one's own exuberance.It's also been my experience that I tend to perform better sticking to solid, cash generating, companies, rather than more speculative ones.Cheers,Mark
It appears that Symantec have now resolved this problem. If you're experiencing it, run LiveUpdate.
Just posting this (non-investment related) message to try to save other Norton users the two hours I have just wasted.Got onto my computer this morning to find that my I.E. browser had crashed. Found I was completely unable to restart it, without getting repeated error messages "Internet Explorer has Stopped Working". Tried everything to fix it, including uninstall/reinstall. Eventually checked the windows event log which…
You might find Shares Magazine worth a look. The quality is above average, IMO - though I don't subscribe myself, at present. I tend to find that I get too many ideas to look at, rather than too few!Cheers,Mark
Time for an update since my original post in December. Things seem to be playing out pretty much as I had expected then, so far. Here's the latest rig count chart:Click here for an enlarged version.We can see that in 2015 the oil rig count has plunged dramatically, as I expected. Natural gas prices have weakened further and currently stand below $3/mmbtu. Despite the continuing…