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
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…
Recent debate about moderation policies and the desirability of an investment hub set me thinking... We each have our own favourite investment sites and we'd all like to make sure we don't miss anything that might be useful posted on any of them. Twitter is a very useful medium for alerting others about quality articles but suffers from one disadvantage: it is a transient medium…
PS I should point out that I have a "long tail" of holdings, and my top 10 only constitutes ~30% of my porty
Thanks Fangorn, but any ideas for how I can see that (and other entries beyond paulypilot's) myself?
Hi MrC, Great idea! However, can't see beyond the first ~20 entries on my iPad! So can't see my own/correlation. Any tips on how I can see more? Cheers, Mark
Just to amplify a little more, it was a healthy scepticism about firms that seem to continually find reasons to need to raise more money that allowed me to avoid the debacle at Aero Inventory. Investors (as opposed to speculators) need to bear in mind that successful investment is as much about avoiding big losses as it is about making big gains. Cheers, Mark
Hi Paul, Super report today. Couldn't agree more with your comments. Nil Carborundum! Another factor distorting AIM in particular, IMO, is the recent change to ISA legislation. I suspect a lot of money has been poured into speculative AIM stocks, when they were allowed in. Very hard to judge how long that will last - and it well get a fresh boost each year, as…