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Moguls

A speculative education [Members]

The road to degeneracy is paved with lucky lessons…

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If you’re going to risk money on a start-up, aim for maximum reward!

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Rightmove. Wrong price [Members]

The best businesses can be too good to stay that way. Blessed with superb economics and seemingly-impregnable market positions, anyone would want to own their quality but for two recurring problems: Valuation – Unless the company or its sector is new (think Google-owner Alphabet on listing in 2004) or there is some kind of crisis (as [...]

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Better than buy-to-let [Members]

Who’d want the hassle of being a landlord if you can get the same return from share?

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Back to Ack [Members]

Ackman seems to be in it for the long-term. Should we be too?

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FIRE in the hole [Members]

The traditional way of gearing up to invest by running a mortgage is riskier than you think…

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If half the stocks on the LSE are going to be bid for at a premium, then I know which half I want to own!

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Correcting market failure [Members]

How do you solve a problem like the London Stock Exchange?

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Choose your fighter [Members]

If meme stock traders are a thing again, can intelligent active investors learn anything from their antics?

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Augmented reality [Members]

Why back one speculative fintech when you can run the table on the sector at a potentially bargain price?

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Quality street [Members]

Some quality shares are being valued less dearly by the market. Why, and is it time to buy?

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A capital idea [Members]

Here’s a trust on a discount due mostly to an administrative cock-up. Potential profit from poor paperwork!

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When everything has been marked down in the sales, bargain hunters are in clover…

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When growth goes wrong [Members]

All growth stocks eventually die a death by re-rating. Did yours just do so?

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Dumb leverage can blow you up. Smart leverage reduces risks.

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An investment that has gone up when everything else has gone down is hard to say no to.

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Leveraged ETFs for the long run*

Let’s be clear: leveraged ETFs are hyper-controversial and not well understood. Nevertheless, in forthcoming articles from the Finumus camp about gearing up a portfolio and investing for different generations I intend to talk openly about them. Hence I want to spend today explaining how they work. That way – with all the blood and gore [...]

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Opportunities in index-linked gilts

A unique portfolio asset, with an ‘interesting’ personality…

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Why suffer existential doubts wondering whether you have edge when you can give your money to somebody proven to have the right stuff?

Why indeed… if only it were that easy.

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