It was an OK week with the portfolio making steady but not spectacular progress, rounding off a solid month. The most interesting development was that I bought into my first US company, the tech titan Google. Continue reading
GOOGL bought
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Monthly Archives: October 2017
DOTD bought
Last week saw my portfolio continue to new highs, but with some big moves both up and down in a few of my larger holdings. I bought a new position in dotDigital following some decent end of year results. I’ve also extended my coverage to the US market and have started to scour it for opportunities. Continue reading
Fat tails
I’ve often read that over the long term the most important factor driving equity returns is valuation. While share prices experience momentum over the short to medium term, eventually investors become more conscious that valuations are becoming ‘detached from reality’ and prices revert to mean. Along this line of reasoning, momentum following is a dangerous game that can lead to bubbles and then crashes, such as the infamous ‘Dot-com’ crash in 2002-3. While there is truth to this analysis for the stock market as a whole, it misses a key nuance when you look at what is going on underneath. Continue reading
First foray abroad
So I bought my first foreign listed stock this week: Washtec, a German business that makes car washing technology. Continue reading
Broadening horizons
There may be one rather obvious way to improve my investment performance that I haven’t yet exploited. It has been on the back of mind for some time. This is to broaden the universe of stocks I invest in to beyond those that trade on the London Stock Exchange. I think the benefits of this have the potential to be quite dramatic. Continue reading
Stock season
We’ve left September behind and moved into October. Traditionally this is bad for the weather but good for stocks. I’m hoping so and things are beginning to look more positive. The scores of the shares on my watchlist are starting to tick up higher due to positive news and some share prices hitting new highs. Continue reading
Watchlist review
It has been quite a while since my last watchlist review in May and there has been quite a bit of change since then. Here is an update on companies I’ve added to the watchlist, considered but not added and eliminated. Continue reading
Quality Share Surfer 