Real Name: William Konarzewski
Occupation: Consultant
Interests: Asian Markets, Emerging Markets, Funds, Property, Stocks, US Market
Location: Colchester UK
About Me:
I'm a semi-retired doctor managing a modest share portfolio for my wife and myself since December 2015. Our portfolio is well diversified with about 75% in funds and 25% in equities. Since starting my annual return compounded is 11.4% (as on 31st July 2019).
I am an avid reader and spend much of my spare time reading the writings of the great investors like Benjamin Graham, Jess Livermore, Warren Buffett and Peter Lynch. In particular, the psychology of investing fascinates me.
I'm a consultant anaesthetist in the private sector but I do some work for the NHS.
In view of a possible recession and bear market, I’m currently trying to construct a portfolio that will hold up better than a 100% UK based equity portfolio. My horizon is 5 years. Some of my ideas have been borrowed from the Yale University Endowment Fund which has achieved spectacular results over the last 25 years. The asset allocation I’ve decided on is: Individual equities…
You are of course quite right Howard. Sic transit gloria. One must never allow sentiment to cloud judgement.
Great piece of research. Thanks Zoe. Although to be fair to HL if you move across to the top 'most looked at' funds, Lindsell Train Global is number one on the list so they're better at highlighting funds than shares (so long as one overlooks their recent predilection for Neil Woodford...)
pkaThe disadvantage of doing that is it would be putting all your eggs in the basket of one fund manager, Peter Spiller, who is now past normal retirement age. I'd still trust Warren Buffett (aged 88) and Charlie Munger (aged 95) with my money!(Yes, Capital Gearing are good - I've just invested in CG Absolute Returns which is the OEIC equivalent - lower dealing charges…
Ambrosia: Although I havent done so, I chose to put money in gold, a few US equities and US corporate bonds, all ready to sell very quickly if we get a 2nd referendum. Also my finger is hoovering over the sell button if we get a deal and it looks alright.I think I can see your logic but if I had your holdings my inclination…
Thanks jwebster. The 45% of bonds is certainly traditional and guarantees an income of sorts in all conditions. I have to confess I'm influenced by David Swensen who gave a talk on Youtube back in 2012. https://www.youtube.com/watch?v=wRdx7kVNQ_E His view of bonds is that the long term returns are so poor compared with equities (less than 50% return) that it's better to have none in his…
