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 [...]
Shed: one step from the naughty step
In practice:
Good acquisition, bad acquisition
October’s interims and April’s finals seem to have stopped the rot at Shed Media (SHDP), with a near 20% rise in the share price since October, and adjusted profits up on a per share basis against the sixteen months ending 31 December 2007.
If it’s a turnaround, it’s a curious one [...]
