Expert insight and an engaged community help you learn & invest with confidence.
One of the joys between Christmas and New Year is the time it brings us all. After all the mess of gift giving and receiving is over and relatives have left… there’s a moment where you realise you’ve finally some time for yourself. It’s in these gaps that we have moments for reflection, to make new resolutions, to read, to ponder… or just lie around and eat a pot of honey. I found myself nostalgically reading “The Tao of Pooh” and reflecting on some of the things I’ve got wrong in 2021 - namely trying to do when not doing would have done just fine. On reflection, the NAPS embodies a number of taoist principles, and it’s in this vein that I’ll review what’s been another good year.
The NAPS Portfolio appreciated by 28.3% through 2021 (excluding dividends & transaction costs) versus the FTSE All Share at 14.5% (18.6% including dividends). In spite of a reversal from the 39% high on September 1st, it has been a remarkably strong showing in a year when so many portfolios have suffered.
Owning shares in high quality companies with the power to protect their valuable cashflows from competition is an investment strategy that intuitively makes sense. It’s an approach that has the fingerprints of successful investors like Terry Smith and Nick Train all over it. But how do you find these shares, and can they offer any protection from the kind of wild volatility we’ve seen this year?
Quality is an all-weather factor that crops up in strategies of all stripes. Value investors, for instance, often rely on company quality as the catalyst that will sooner-or-later trigger a price re-rating. Momentum investors, meanwhile, often view
Buffett calls the distinction between value and growth ‘fuzzy thinking’ because expected growth is a component of value.
If you think of a stock’s intrinsic value as its future cash flows discounted back to the present day at an appropriate rate - tricky to do in practice, but conceptually sound - then some cash-generative, high ROI stocks on a forecast PE of 50x are in fact cheap and undervalued.
It’s just that much of the value resides in future cash flows driven by present day investment. This future growth is hard to account for but that creates opportunities. Things seem expensive when they are in fact cheap.
Stay ahead of the market with commentary from award-winning bloggers.
Gain unique, strategy defining insights from our data-driven research team.
Find inspiration and ideas with a community of intelligent investors.
Our daily reports are your first stop for fast analysis of company announcements and news from across the market - well before the financial data or rankings are updated.
Our analysts deliver their views on new opportunities and risks, and help you make sense of the latest developments, with insights and explanations to help you invest with confidence.
Our research team, led by Stockopedia founder Edward Croft, CFA produce regular groundbreaking research into what really works in stock markets.
Using the power of the Stockopedia data systems we validate the findings of academic research and strip away the myths to show you what really works in investing, and how you can apply it for yourself.
Seamless integration of our ideas with Stockopedia's toolbox means you can put new ideas into practice straight away, and stop relying on tips & rumours!
Stockopedia has a library of thousands of blogs and investing articles waiting for you to dig into. Whether you are looking for stock research or discounted cashflow explanations, it's all here.
Our catalogue of eBooks & Guides are designed to help you invest with confidence. Every investment tool we’ve built and every research project we’ve undertaken has been produced in formats that suit you online, in print, by kindle or iPad.
Watch quick learning videos, or extensive educational webinars by Ed Croft. Dive into some of Stockopedia's most powerful insights, learn about the product and consume ground-breaking research.
I use it to check on companies I feel unsure about.
Very well presented and very, very easy to use.
I feel much more confident, very quickly, in what I'm looking at.
After your free trial, plans start at less than AU$475 per year. With a one month money back guarantee, there's no risk.
Our research team give you intelligent, level-headed views of stocks and markets and cover a wide spectrum of themes, backed by rigorous industry and academic research
Online investment discussion forums are notoriously riotous places. But at Stockopedia you'll find a supportive subscriber community that welcomes ideas and offers incredible support in return. We don't feed the trolls here - subscribers regularly use their real names, are paying members and are always respectful.
You'll interact with an informed group of contributors with their own money at stake. Connect with other individual investors and build your network.
All Stockopedia articles are open for discussion - and authors will find your comments and votes incredibly valuable as feedback. Stockopedia subscribers are from all walks of life and include professional investors, so there really is wisdom in the crowd.
Throughout the year, the Stockopedia community gather around the country, often at events held by our team. We attend investment conferences and host regular StockSlam socials in London that are bringing our community closer together.
“Stockopedia has always been miles ahead in its presentation of data and its carefully selected use of stock screens to identify great stocks.”
“Expensive fund managers should be looking over their shoulders.”
“Since I last wrote about advanced screeners for value investors Stockopedia has emerged as my favourite. For data, Stockopedia shines.”
“Stockopedia presents all the data on any company that you are likely to want, saving you doing the analysis - this is a highly recommended service.”
“One of the advantages of using Stockopedia is that it helps throw up companies that you would otherwise not find out about. It also helps investors avoid getting caught in the traps that even the biggest household name shares can lay.”
“Stockopedia is a great place to scan for new shares to buy. Each share gets a ranking, you can use 'guru' screens to find shares, there is even a stock screen loosely based on my criteria! There is lots more really fantastic material and I believe access should help investors and I now use it myself.”
Stockopedia is the perfect solution for the time-poor individual investor looking for results
Starting at less than AU$475 per year