Hi and welcome to Quality Share Surfer.
This is a UK focussed investing blog in which I chronicle my decisions following a real life portfolio and discuss and improve my investment strategy.
My investing strategy is based the idea that shares with certain attributes, e.g. value, quality and momentum, outperform the market on average. My strategy is focussed primarily on exploiting two such attributes in combination: a) the tendency for high quality, defensive businesses to outperform over time and b) the tendency of shares with momentum to continue to do well. You can find out more about my strategy following the menu above.
Hope you enjoy and please leave comments if you find this interesting or would like to ask questions or discuss related topics.
Quality Share Surfer
The prospect of nuclear war between the US and North Korea put a bit of a dampener on things this week. I made a few trades on Friday, rotating out of some weaker positions and into some stronger ones. Continue reading
Buying assets for less than they are worth is fundamentally at the heart of most sensible investment strategies. However, approaches to identifying value can range widely, from direct attempts to value businesses to approaches that exploit the systematic behavioural errors that other investors make (resulting in ‘factors’).
In my view detailed valuation exercises are generally too arbitrary and difficult and so are a bit of a waste of time compared to basing a strategy on statistical factors (e.g. quality, value, momentum). However, some simple valuation modelling can have incremental value if you understand its limitations and get the rest of your investing framework right. Continue reading
Another busy week for me, both at work and with a number of trades. On Monday I bought FDM and XP Power after both issued excellent updates. I also reinvested into NMC Health and then sold Accesso Technologies on Wednesday. Continue reading
It was an exciting week full of trading updates and results for most of the shares in my portfolio. I’m pleased to say it turned out very well and the portfolio has rocketed back up to new highs. I made quite a few trades, selling out of three holdings, reintroducing two I sold recently and adding to a number of holdings on positive trading updates. Continue reading
I bought two new holdings this week, as many of the shares in my portfolio and watchlist have been rebounding following the June dip. I rebought Tristel, not long after I sold it and just in advance of it’s trading update, and Focusrite, whose price was breaking out to new highs. Continue reading
This week I bought an initial holding in Accesso Technology Group, following the announcement of its acquisition of TE2. Continue reading
This week I made some further sales to my portfolio as two more stocks crashed through my stop losses: Boohoo and Treatt. I also bought a small initial position in Keywords Studios, a share I’ve been interested in buying for a while. Continue reading