I’m glad to be back after a six month hiatus. Look out for more analysis and stock picks. In the meantime, I have updated the “My Scorecard” page to track how my picks have been doing.
Happy Investing!
top performer
My Year-End Scorecard
As I consider myself to be a long-term investor, I take short-term disappointment in stride…not a few months does a successful investment make. Having said that, periodic performance reviews should be undertaken to ensure the ‘story’ that lead you to invest in the business in the first place has not materially changed (i.e. obsolescence, regime change etc.) and the businesses are still attractive for the long haul. Continue reading
Updated: Where Are They Now?
I updated the “Where Are They Now” page. Penske Automotive Group (PAG) and Church & Dwight Co. are still in the red, while Groupe Bruxelles Lambert (GBL) and PriceSmart, Inc. (PSMT) are posting strong positive moves since first mention.
The Week That Was
Each of the indices recorded strong gains last week as bargain hunters swept the market and concerns over a FED rate rise this year seemed increasingly unlikely.
Glencore continued its recovery this week, closing up an astonishing 36% which would seem to indicate overly bearish sentiment fading away (no doubt the Company’s decision to cut zinc production also played a part in the rally).
The French CAC-40 is the year’s top performer with an amazing +10% return followed by Japan’s NIkkei 225 (+5.66%) and London’s FTSE 100 (+2.97%) .
The Security Whisperer 