The not-so Thrifty
In practice:
Not like the good old days
Sadly my plan to create a model portfolio of good companies at cheap prices, the Thrifty 30, by going back through the companies I’d profiled in the last year-or-so and including those that still fit the template, is snagged on the rusty nail of exuberance.
Since investors have enjoyed [...]
Education Development International (EDD)
So far, so recession proof
Here’s a rarity, a company beating expectations that were positive anyway.
It’s Education Development International (EDD), the examinations company I berated last July and commended to Money Observer readers in August (pdf). iBall lampooned it in September.
Chief executive Nigel Snook has had the latest laugh. £1,000 invested in EDI last summer is [...]
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 [...]
A company and a book to cheer you up
If you thought my last post on Dairy Crest was a reluctant vote of confidence, you’re right.
Posting links to news stories like the ones in the right sidebar of this blog it’s hard not to let gloom seep into my stockpicking brain. Sadly hysteria is an occupational hazard, which explains why journalists don’t make good [...]
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