Annual ‘Interesting’ Report
Annual reports are the Steve Davis of investing. Ignore them, and you might end up snookered.
Today I’m posting links to some annual reports, recently published. Why? Because annual reports are the authoritative source of financial information for companies, and it makes most sense to read them while they’re still fresh.
I look at annual reports for [...]
Merve on the Rock
If you’re still looking for enlightenment on the bail-out of Northern Rock, switch Radio 4 on tonight at 8.00. Mervyn King talks to Robert Peston, the BBC’s business editor, who broke the story and has covered it pretty well since. Here’s the transcript, and there’s comment a-plenty on Peston’s blog.
Stock exchanges of the world
If you spend your days pondering market moves in London, New York and Tokyo you’re probably missing out on a whole world of stock exchanges
Inspired by the emergence of Africa as a target for investment, here’s a photo taken by Stephen Eckett on a recent visit to Tanzania.
It’s the Dar es Salaam Stock [...]
When is a car like a mobile ‘phone?
When it’s powered by electricity and given away for free…
How prescient that Money Terms should have defined the razor blade business model last week, where a company sells a product at a low price to get people to buy complementary products.
Think razors and blades, or printers and inks, but not, for example, cars and [...]
One thing you need to be a great investor
Apparently great investors have seven identifiable traits, but it’s a skill-set ordinary investors can’t learn. Don’t you believe it.
This speech is doing the rounds. Edmond sent it to me, and it’s sparked a bout of naval-gazing on the Motley Fool.
Mark Sellers, a hedge fund manager, ticks off the seven traits of great investors. Investors, that [...]
