Month: January 2020

Death in paradise

The demise of Thomas Cook impacted the whole package tour industry including London listed Online Travel Agent, On The Beach. Whether you trust the accounting regulations or On The Beach’s adjustments makes a big difference to the company’s profitability in 2019. Richard unravels the exceptional items. It’s January, The BBC is screening Death in Paradise, […]

Why mindset is the most important factor

“Nature versus nurture” has been a debate that has raged for hundreds of years. Sir Francis Galton (pictured above), who was a Victorian era statistician and psychologist (amongst investor, explorer, and other disciplines) coined the phrase in his book Hereditary Genius. He had been influenced by Charles Darwin’s Origin of the Species, and so in […]

Out with the old, in with the new

Richard enters 2020 with a cleaned-up SharePad setup primed to help him find companies developing competitive advantages. He expects it to make him a better long-term investor too. Happy New Year! As a full time writer/investor the festive season is the only set time in the year when I fully shut down. Like an ancient […]

Weekly Commentary: 06/01/20 – The Roaring 20’s

The Roaring 20’s Nothing quite starts a new decade as reassuringly as Greggs Vegan Steak Bake causing late night queuing in Newcastle. With Pizza Hut’s vegan pepperoni pizza, Costa’s vegan ham and cheese toastie, KFC’s vegan chicken burger and M&S’ vegan chicken Kiev and Macdonald’s veggie dippers this could be a good decade to be […]