Monthly Archives: August 2012

Markets closed now. How did we do? JJB Sports closed to 0.361p -3.16%. It was up substantially in early trading, though. Those who bought at around noon yesterday at 0.586p are likely still waiting for their dead cat bounce. It’s … Continue reading →

Markets seem to be getting increasingly edgy about miners. BLT and RIO down about 2%. ANTO is down, too. LMI, which is something of a special case at the moment is falling as well. It will be interesting to see … Continue reading →

Well, Steve Baines has been kind enough to tell us about his latest share purchase, and John Kingham, at UK Value Investor has given us a very good article on BBY (Balfour Beatty). My turn now. I can’t promise to … Continue reading →

Gotta laugh at this article on Slashdot. “LiftPort Wants To Build Space Elevator On the Moon By 2020”. Some wag comments about a time-frame of 8 years: 8 years is exactly the right amount of time.It’s less than 10 years, … Continue reading →

I was interested in Berkshire Hathaway’s performance over the last decade. On Ycharts, I see that BRK’s BV per share has increased from 40926 to 110130 over a decade – a ratio of 2.69. It’s share price is up only … Continue reading →

Interesting article on Motley Fool about copper miner ANTO (Antofagasta) releasing its interim report today. EPS down 7% on the year Here’s some top miners and how they’ve reacted today: ANTO 1131p -0.09% (PER 12.3) BLT 1911.50p -1.08% (PER 9.5) … Continue reading →

Interesting article on Oddball Stocks. I posted a response there, but it looks like his dog ate it. So I post it here: “The problem is we think we might know our best idea, but we really don’t.” Indeed. There’s … Continue reading →

JJB down 7.86% today. Scotsman reports it is finalising its restructuring plan. The firm warned last month that it will need fresh funds. I note that the company is net cash flow negative – with operating losses before exceptions of … Continue reading →

CHG (Chemring) is a Defence company, making stuff that kills people. It has had impressive earnings growth over the last decade. It is on my radar, if you’ll forgive the pun, on acccount of a takeover approach earlier this year. … Continue reading →

Taken from PDF by Sanjay Bakshi p 137 Charlie Munger: Boiling frog effect is a frequent cause of business failure. Cognition, misled by tiny changes involving low contrast, will often miss a trend that is destiny. Example given on p … Continue reading →