Category: Comment
Goodwill to all persons
If you are thinking it is a little early to be talking about Christmas, then you are clearly not in the retail trade! But Lo, ... Read More
Risk management as a way of life
This is a great 5-minute clip by Whitney Tilson, reflecting on and summarising what he has learned about risk management in his investing career. During ... Read More
Shifting Shares (30 Sep 2019) – Hopping the pond $UBER $NFLX #SXX
The UK has plenty of shorting opportunities, but UK equities are not valued anywhere close to how Britain's colonial upstarts value theirs. Americans do love ... Read More
Patience is a virtue
Any value investor that has been around the block a few times will have no doubt trotted out this phrase a few times to justify ... Read More
Lessons from share-price falls in August #BUR #SHOE #IQE
I'm continuing my quest to study the factors which create the biggest monthly fallers on the market. These factors are hardly radical or even particularly ... Read More
Cube Podcast #18: Why People Love and Hate Monopolies
In this podcast, Andrew Latto of Fund Hunter and Graham chat about what they look for in shares. The discussion then moves on to funds ... Read More
Financial Statements Seminar – Last Chance!
With less than two weeks to go until my Financial Statements Seminar in London, I thought I would take the opportunity to remind readers before ... Read More
Creating a new “Study List” – Low yielders for capital gains
Every now and then I run a stock screen for new ideas, to refresh my ongoing research efforts. This week, I've been looking for profitable ... Read More
UK City Forum – Talk by Graham & the CEO of ROXi
This is an events update: on September 30th, I'll be speaking at the UK City Forum in London. While my topic is to be finalised, I ... Read More
Avoiding the Big Losers (July 2019) #SOM #BAG
In a month that saw the FTSE All-Share up by 2%, there were 77 stocks which fell by 20% or more. This level seems remarkably ... Read More
Graham’s Investing Diary (19 August 2019) – My Disney Dream
You may have noticed that my output was rather limited between mid-July and mid-August. This article explains where I was, what I was doing, and ... Read More
Tesla bulls versus NHTSA (and FTC, SEC, et cetera)
The short thesis at Tesla has many dimensions. Beyond the arguments which rely on financial and industry analysis, and equity valuation, there are also a ... Read More
Cube Podcast #16: Burford bothers, Tesla troubles and Distil difficulties
For this podcast, Graham was joined by Michael Taylor (@shiftingshares). We discuss Burford (BUR), Tesla (TSLA), Distil (DIS), Thomas Cook (TCG) and Fever-Tree (FEVR). Please ... Read More
Why is IT Binary?
In my recent articles seeking themes in the worst losing shares each month, early on I observed that some industries were by their nature prone ... Read More
Stories from Shortville – Trimming my Texas Hedge $TSLA $TSLAQ
Elon Musk demonstrated a neat turn of phrase when he said "Stormy weather in Shortville", back in April 2017. The share price at the time? ... Read More
Graham’s Investing Diary (9 July 2019) – H1 Portfolio Review
It's that time of the year when investors get their calculators out (or their Bloomberg terminals) and figure out how their H1 has transpired. I've ... Read More
What are penny stocks? – bonus interview at IG
The Cube Midcap Report is back tomorrow, Tuesday. Until then, here's a clip of Graham being interviewed at IG with the simple topic - "What are ... Read More
Revolut threatening to disrupt AmEx $AXP
The Revolut app is amazing! It's the kind of app which should have existed long before now, enabling us to swap currencies at decent rates and ... Read More
Small-cap debate at IG with Graham Neary and Chris Boxall
Jeremy Naylor at IG was joined for a discussion of small-cap stock picks by Graham Neary and Chris Boxall of Fundamental Asset Management. The video ... Read More
M’aidez m’aidez
<Editor's note - the Midcap Report is taking a break until next Wednesday, 26th June. For now, please enjoy this latest missive from Tony Boden.> The ... Read More