Forever Investor | Buy and hold, hopefully forever...

Stocks

Reckitt Benckiser: Just How Overvalued?

- October 11, 2014May 16, 2020 - FI comment

With Neil Woodford announcing earlier this week that he has sold out of Reckitt due to its rich price and now Hugh Yarrow at Evenlode Income reducing his position, I thought that I should take a quick look to…

Berkshire Hathaway/Warren Buffett

Berkshire: Flies in the Soup (Part 1)

- October 8, 2014May 16, 2020 - FI 4 Comments

Everybody knows about Warren Buffett's great investments, whether American Express, GEICO, or Coca-Cola, but what about his mistakes? One of the best things about Buffett is his generosity, and I am not referring to the obvious bequeath…

Portfolio Management

Portfolio Update: September

- October 4, 2014May 16, 2020 - FI comment

A flattish-to-positive September is never a bad thing; this one yielded + 0.3% for the portfolio, but by the end of the month markets were beginning to show increased volatility. At the start of October…

General

Bill Gross: King Canute?

- October 1, 2014May 16, 2020 - FI comment

The latest career move of Bill Gross (the Bond King) has caused tremendous excitement in the financial media over the last few days. Just in case you have been on holiday, Mr. Gross has departed PIMCO…

Stocks

Tesco: Woodford 1 Buffett 0

- September 25, 2014May 16, 2020 - FI comment

There was an unusually stark difference of opinion between two great investors about Tesco early in 2012. Just at about the time Buffett was filling up his trolley with the retailer, Neil Woodford was... checking…

Stocks

JPMorgan Chase: Portfolio Purchase

- September 23, 2014May 16, 2020 - FI comment

There is a lot of talk about various markets being at or near their all-time highs, but I do not believe that it necessarily follows that all shares are over-priced as a result. With that…

General

Scotland: Aye or Nay?

- September 15, 2014May 16, 2020 - FI comment

I have just returned from a fantastic two-week holiday in the US and, on my return, find that there is one issue that is dominating the airwaves: Scotland, and whether it is going to vote Yes or No to independence. There…

Travel

Goin’ Home: Back to New Orleans via West…

- September 14, 2014April 18, 2020 - FI comment

[The last leg of our road trip and my final holiday post. The return to reality looms...] West Point West Point is the home town of Howlin' Wolf, a man with a voice rougher than sandpaper and more menacing…

Travel

Goin’ Back Down South: Nashville, Tennessee

- September 12, 2014April 18, 2020 - FI comment

[This is the penultimate stage of my holiday posting. Back to normal in a couple of days...] The Grand Ole Opry The Grand Ole Opry is both a Southern institution and a slick money-making operation. Where…

Travel

Goin’ Back Down South: More Memphis (Sun, Stax,…

- September 12, 2014April 18, 2020 - FI comment

(This is the latest in a series of holiday postings. Back to normal business soon.) Sun Studio--Whole Lotta Shakin' Sun Studio must be the most famous recording studio in music. I have seen it on…