Why I sold my Zonda – Harry’s Garage
Harry’s Garage is, in my opinion, the best motoring show going around at present. As to why he sold his Zonda – wait till you hear the servicing costs and that might give you a clue….
We Often Choose To Avoid Learning Information That Could Benefit Us
Picture the scene: you’re attending a regular medical checkup, fielding questions about your health and lifestyle, when your doctor tells you they can accurately estimate your life expectancy from your answers. Would you want to hear the truth, no matter how brutal it might be? Or would you prefer to live in ignorance? If you…
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The Largest Stock in the S&P500
The chart below comes from Bianco Research via The Irrelevant Investor and it shows a potted history of the largest stocks in the S&P500 over the past 60 years. I always find things like this fascinating as they reinforce the understanding that your history is not the only history. Traders who began their careers this…
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For the Rich, A Dilemma: Quarantine With Staff, or Do Their Own Chores
I snipped this out of the WSJ as the majority of the article is hidden behind a paywall but the introductory paragraph gives you the general idea. More here – The Wall Street Journal PS Not so well off folks can also be clueless about such things. Many years ago my recently divorced neighbour knocked…
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One For The History Books
One to print out and stick on your desk as you may never see it again.
QAV Investing Podcast
Last week I had the pleasure of spending some time with Tony Kynaston and Cameron Reilly of QAV. What is always interesting when speaking to successful investors is the number of similarities they share across the board. At first glance, you would not expect successful value investors such as Tony and Cameron to have much…
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If The CFO Says He Feels ‘Fantastic,’ Sell Short
A study set to appear soon in the Journal of Accounting Research asks whether deceptive chief executives and chief financial officers give themselves away by the language they use in the course of their conference calls. David F. Larcker and Anastasia Zakolyukina, both of Stanford University, Graduate School of Business, have developed prediction models (though still rather…
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