Category: Comment
Increasing my Google investment $GOOGL
I've just increased my exposure to Google's parent company, Alphabet, Inc ($GOOGL), but not in the way you might imagine. As noted previously, I've been a ... Read More
The bank account: a surprisingly complicated financial instrument
This topic isn't related to any particular share, but I thought it might be worth a blog post nonetheless. It's a topic which most people, ... Read More
Making your own parachute: the merits of self-insurance
This article will be a little different to our usual material. I want to talk (in very broad terms) about whether more of us should ... Read More
IFRS 16 – a practical guide to lease accounting
Those of you who can't make it to Mello can still view the slides for my IFRS 16 talk, scheduled for later today. Indeed, I'm ... Read More
Come and see us at Mello!
Cube.Investments will be making an appearance at Mello London in Chiswick this year. It's 20 miles from Heathrow, in case you're wondering! Here's a link ... Read More
Graham’s Investing Diary (8 Nov 2019) – Into the breach #GAW
I've already written a Diary note this week, but here's another one. I want to let you know about my latest investment, and inform you ... Read More
Graham’s Investing Diary (4 Nov 2019) – Bricks and Mortar $TSLA $BRK
There has been a severe lack of trading in the portfolio since my last missive, but my portfolio has changed in a noteworthy way. A ... Read More
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