Real Name: Michael Broom Smith
Occupation: Company Director, Private Investor
Interests: Stocks, US Market
I have been running my ski holiday business (Purple Ski) for 25 years and started with £3.57 in the bank, which for me shows that a buy and hold philosophy can work! I split my time between Meribel and Herefordshire.
Still learning and have been reading voraciously for the past two or three years to educate myself but still feel I have a long way to go. However I am a definite fan of Warren Buffet and think that his philosophy is the right one but have recently become enthusiatic about Slater's Zulu principle.
Diversification is important but not beyond 15 to 20 positions
How about $UBA http://www.stockopedia.com/share-prices/urstadt-biddle-properties-inc-NYQ:UBA/ Or $UBAB (those this has 10 bagged since March lows of the financial crisis http://www.stockopedia.com/share-prices/united-bancorporation-of-alabama-inc-OTC:UBAB/ Worth a punt?!:-)
This reminded me of the CNBC report late last week about the pop in the share price of £STVI, which is up around 120% since the possible IPO announcement of Snapchat. See the Stockopedia page for a graph of the share price. http://www.stockopedia.com/share-prices/snap-interactive-inc-OTC:STVI/
Thanks Paul for your unstinting work in producing this column on a near daily basis. Please please don't let the ......... grind you down. I for one SO appreciate your columns. Have a good weekend.
Woodcutter I am sure that Paul can fight his own battles but felt the need to respond. What a completely offensive, unpleasant and unnecessary comment. What made you feel the need to make it? But also if you feel this way why have your read his reports daily? As to opinions, nobody has unbiased opinions. There is no such thing. All our opinions are shaped…
Hi Paul Interesting write up on LoopUp (LON:LOOP) but definitely not one for me. When I see companies like this I always think of Outsourcery. I just can't see the long term investment case, moat, barriers to entry etc as others below/above have pointed out. Completely off topic: do you have any news on your book? How is it coming along? Have a good weekend…