Registered:
20/05/12
Seen:
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Real Name: Michael Broom Smith

Occupation: Private Investor, Retired

Interests: European Markets, Stocks, US Market

Location: Meribel

Twitter: mbroomsmith

About Me:

I have been running my ski holiday business (Purple Ski) for 27 years which I started with £3.57 in the bank and sold in June 2018 for a mid-six figure sum, which for me shows that a buy and hold philosophy can work! I split my time between Meribel and Buckinghamshire.

#StopbrexitNow


Investment Strategy
I trade... a few times per year
I tend to buy... after much research
I hold for... years
I invest with... <£1m
Diversification is ... important, but not beyond 10 positions

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


Website

High end luxury ski chalet business in Meribel

Web Address: http://www.purpleski.com

Tel: 01885 488799

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Purpleski's Latest Blogs

I would be interested to hear people's views on Boohoo's LTIP and directors remuneration in general. I have not fully studied the remuneration report but hope to do so before voting on the accounts. I also see that the CFO has no "skin in the game". As far as I can see options are granted, received and cashed. I would also be interested to hear…

deleted original comment by poster as was or is now erroneous.

Does anybody know who are the major customers of Finsbury Food (LON:FIF) ? Specifically how reliant they are on the major supermarkets? Thanks. I am long Finsbury Food (LON:FIF) and currently up 13%



Purpleski's Latest Comments

Thank you for this post. I hold with Interactive and have never had a problem. I hold in Trading account, ISA and SIPP. ISA can only recieve in sterling and all are shown as being credited on 26th April. But this move to pay in Sterling seems like a good move by Somero and demonstrates they are responsive to shareholder needs. As an aside I…

Taptica International (LON:TAP) I do hold and am sitting on a nasty paper loss, which arose on the conviction (which has already been declared as a risk) of the now ex-CEO. I personally just cannot smell anything so bad as to cause the share price to drop 60% from its high. i.e. that this company is now worth 60% less than it was 16 months…

Paul (and Graham) please feel free to put out the SCVR at whatever time you feel like and in whatever format you wish. I have been reading it for 7 years now and it works for me. I usually take a look early on (if I remember) then when the reminder email comes out and if not complete then some time later or the next…

Hi Si According to aflash’s profile he is a “premium” which I assume means paying member? Michael

Hi aflash Don’t agree with your comment about Paul’s profile and not sure what you were trying to achieve by the comment. Can you expand? Also could you lead by example as at your profile https://www.stockopedia.com/contributors/aflash/ you haven’t written anything about yourself. I think it would helped to give context to your comment. BW Michael


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