Diary of a Private Investor

Investment Strategies

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 […]

, , , ,

Two keepers and the one that got away

Happy Friday everyone! Without wishing to tempt fate while there are still a few hours trading to go before markets close but this week looks set to deliver my largest portfolio gain of the year so far. Sometimes market exuberance can be a wonderful thing so long as one is able to find a chair […]

, , , , , ,

Risk, Style and Special Situations

Regular readers will be aware that over the past couple of years, the focus of this site has moved away from individual stock commentary, towards a greater emphasis on portfolio management. In short, I am trying to build and manage a resilient portfolio that provides adequate risk management while delivering an annual absolute return in […]

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

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 […]

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

Previous Posts