20 mins ago


Real Name: Michael Broom Smith

Occupation: Company Director, Private Investor

Interests: European Markets, Stocks, US Market

Location: Herefordshire

Twitter: mbroomsmith

About Me:

I have been running my ski holiday business (Purple Ski) for 27 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.

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


High end luxury ski chalet business in Meribel

Web Address:

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

I could not, as the owner of a small business (£1.5mil turnover), agree more. Yes all business needs regulating but the contempt with which small business seems to held by government, bureaucracy and the general public is beyond belief and yet we are the companies that provide the employment and the taxes that enable a functioning economy.

@Johns54. What an unpleasant comment. What inspired you to write it? You had I assume finished your insightful blog on half a dozen companies with news today by 08:00 this morning and had done this for the past five years or so pretty much five days a week and was just wanting to compare your comments with Paul’s? Paul could publish a week late and…

Hi Doublelutz I just wanted to thank you again for this. It so helpful to me personally in my business but also generaly. I cannot tell you how relieved I feel. Having read the ICO web site: I am more than ever, like you, conbvinced that this thing has been over done. Thank you. Kind regards Michael PS Good old Stockopedia

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