Diary of a Private Investor

Featured Companies

Winter is Coming

I am fortunate to have spent much of September holidaying in the Caribbean (remember that frivolous spending fund?) where my holiday reading was Game of Thrones. Virtually every chapter includes speculation from one of the characters that “Winter is Coming”. Well, I’ve just finished the second book and this dreaded winter has still not arrived. […]

, , , , , , , , , , , , , , , , , ,

Let the madness begin!

The kids go back to school, the grown-ups go back to work and first half results season all begin in earnest next week. On an individual stock level I am happy with the positioning of my largest holdings and on a portfolio level I am broadly happy with the balance and diversification (there is clear […]

, , , , , , , , , , , , , , , , , , , ,

The Eighth Wonder of the World

The great Albert Einstein, allegedly, once said “Compound interest is the eighth wonder of the world. He who understands it, earns it … he who doesn’t … pays it.” Conceptually, I have been aware of compounding for many years but in investing terms, I don’t think the penny truly dropped until recently. You see, I […]

, , , , , , , ,

Rebalancing Update Q3 2017

In my posts of 23 June and 1 July, I outlined the rationale for taking an overweight position in IQE and how I planned to mitigate that risk by flattening and broadening the remainder of the portfolio; adding more income and more conservatism, as measured by both volatility and market capitalisation. The main phase of […]

, , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

We are halfway there…

…let’s hope we’re not living on a prayer! Despite a poor June, I am pleased to report a first half portfolio gain of 24.54% versus a FTSE All Share (my benchmark index) gain of 3.33% which makes for a nice graph: From what I can make out, it seems that many other private investors have […]

, , , ,

Q2 Rebalancing Update

In my last article I highlighted some rebalancing I had planned for my portfolio, including dividend reinvestment. This brief article provides an update on those changes along with commentary: Bioventix (BVXP) – top sliced. This remains my largest holding but I felt it prudent to top slice in order to lock in some of the […]

, , , , , , , , , , , , , , , , , , , , , , , , , ,

Making Hay While The Sun Shines – Q1 2017 Portfolio Review

The Headlines – Overall, my portfolio is up by 11.51% since the start of 2017 (including reinvested dividends) – I currently have 32 holdings of which 22 are profitable positions and 10 are running at a loss, year-to-date (excluding dividends) – A total of 116 trades during the quarter. However, this is a little misleading […]

, , , , , , , , , , , , , , , , , , , , , , , , , ,

Quality and Sustainability

Since the beginning of the year I have become hooked on the weekly blog article written by the (anonymous) Naked Fund Manager and published on Research Tree. It really feels like he wants to help private investors understand some of the considerations of professional fund managers so that we can apply them in our own […]

, , , , , , , ,

Previous Posts