Keeping cool in the credit crisis
Yesterday Wiley, the book publisher, sent me a flyer entitled “Keep your Cool in the Credit Crisis”. It was promotional blurb on eight books that promise to help, including two from the ‘For Dummies’ range. The ‘b side’ lists eight ‘Crash Classics’. When publishers bring out ‘Credit Crunch for Dummies’ books*1 and ‘best of’ compilations [...]
The Complete Turtle Trader
I’m going to start this review of The Complete Turtle Trader with a little mystery. Why does Bill Miller endorse the book on the jacket cover?
Bill Miller runs the legendary Legg Mason Value Trust. He describes himself as a long-term contrarian investor, which is about as far away as you can get from Turtle Trading. [...]
Ten growth stocks at a reasonable price
I promised myself I wouldn’t use this quote until I reviewed The Complete Turtle Trader, the book it’s from, next week. However, it’s the perfect introduction for today’s blog and I cannot resist.
Good traders apply every ounce of intelligence they have into the creation of their systems, but then they’re dumbbells in following them. You’ve [...]
Haynes sleuthed
Today, I’m losing myself in the Grand Canyon du Verdon, but here’s something I hope you’ll enjoy. My Share Sleuth column in Money Observer. It’s on Haynes publishing (HYNS), which I’ve mentioned before. Here it is on the Interactive Investor mothership. And here’s a .pdf of the magazine page in all its sleuthing glory.
One correction, [...]
Fractal finance and the dull thing about buses
Looking back on my notes on Darwen (DHP), here are some quotes from the 2006 accounts of Optare*1, the bus company Darwen is buying on July 14 may be buying (*see below), that reveal a slightly more downbeat view of the bus biz. My notes follow them:
The market for new passenger vehicles is relatively static [...]
Extremely distressing diligence
Arrghhh! Words can’t describe the frustration I feel at Education Development International (EDI). It starts with stockmarket ticker code, which is EDD - not EDI, and continues with every syllable of its annual report. Words are in fact, part of the problem.
It ought to be so simple. The company has a turnover of little more [...]