When I added AstraZeneca to my portfolio in mid-2015 it was the second time I’d invested in this well-known pharmaceutical company. The … [Read more...]
Investment case studies
Investment lessons from 2017
One of your primary goals as an active investor should be to extract as much educational value from each investment so that the lessons … [Read more...]
I’m selling BP because of its high debts and uncertain future
When I switched from “deep value” to “defensive value” investing in 2011, the first stock I purchased with the new approach was BP. Six … [Read more...]
Why I’ve sold my Rio Tinto shares
In this blog post I review my decision to buy Rio Tinto shares in 2012, and my decision to sell them last week. Here's the executive … [Read more...]
Selling Braemar Shipping Services: Important lessons from a volatile investment
Braemar Shipping Services PLC joined the model portfolio way back in early 2011, just a couple of months after the portfolio’s … [Read more...]
Why I’ve finally decided to sell Morrisons
Like banks, supermarkets were once seen as super-defensive investments, capable of delivering steady growth regardless of the economic … [Read more...]
Sold: BAE Systems returns 141.5% over six years
After almost six years BAE Systems, one of the first companies to join the UKVI model portfolio, has been sold. In terms of raw numbers, … [Read more...]
Standard Chartered and the importance of a strong bank balance sheet
Over the last few years Standard Chartered has not turned out to be a good investment, with shareholders being hit by both a rights issue … [Read more...]
Selling TP ICAP PLC after a 57% return over five years
When TP ICAP joined the UK Value Investor model portfolio in 2011 it was called Tullett Prebon and was the second largest interdealer broker … [Read more...]