Maynard Paton

Maynard wrote investment articles for The Motley Fool UK between 1999 and 2014. At the start of 2015, aged 43, he became a full-time private investor. As well as the articles he writes for ShareScope, Maynard also writes his own quality investment blog at maynardpaton.com

I’ve developed my investing approach after years of learning about the stock market and experiencing what actually works for me. Important influences on my style include the strategies of Warren Buffett, Peter Lynch, Jim Slater and Nick Train. Simply put, I look to invest in respectable companies trading at modest valuations and to hold them for the long term. 

Latest Articles

  • Screening For My Next Long-Term Winner: Dotdigital 19th November 2019 by Maynard Paton - Today I have returned to the share screen I employed to pinpoint Victrex earlier this year. To quickly recap, this screen applies two ratios favoured by ‘quality’ investors — operating margin and return on equity (ROE). The exact criteria I… ...more
  • Screening For My Next Long-Term Winner: Rightmove 23rd October 2019 by Maynard Paton - Studying free cash conversion is vital when evaluating a set of accounts. The measure compares free cash flow to reported earnings, and can indicate whether a business is a ‘cash fountain’ or a ‘cash guzzler’. Ideally we want to own… ...more
  • Screening For My Next Long-Term Winner: Medica 24th September 2019 by Maynard Paton - Dynamic growth shares are among the market’s most exciting investments. Find a business that has expanded rapidly and offers the prospect of further earnings growth — but also has an overlooked share price — and you could be on to… ...more
  • Screening For My Next Long-Term Winner: Hammerson 28th August 2019 by Maynard Paton - Buying a share at a discount to its book (or net asset) value ought to be the safest way of investing. Indeed, what could go wrong if you can effectively buy assets worth £1 per share for, say, 50p? The… ...more
  • Screening For My Next Long-Term Winner: AG Barr 30th July 2019 by Maynard Paton - Quality companies undergoing temporary problems can often become attractive investment opportunities. On that basis, perhaps AG Barr is worth closer inspection. The soft-drinks manufacturer famous for Irn-Bru recently warned that profits would be lower than expected… and the share price… ...more
  • Screening For My Next Long-Term Winner: Imperial Brands 3rd July 2019 by Maynard Paton - Imagine this. You find a blue-chip company that offers: * 21 years of consecutive dividend increases, with the last ten years showing 10% per annum growth; * Management guidance of further 10% annual dividend growth “over the medium term”, and;… ...more
  • Screening For My Next Long-Term Winner: JD Sports Fashion 18th June 2019 by Maynard Paton - Today I am revisiting the share screen that pinpointed Games Workshop back in January. The shares of the quirky wargaming retailer have soared more than 60% since that review… …and I wonder whether the same screen can unearth another promising… ...more
  • Screening For My Next Long-Term Winner: Jupiter Fund Management 5th June 2019 by Maynard Paton - Today I have revisited a share screen that applies two ratios favoured by ‘quality’ investors — operating margin and return on equity (ROE). The exact criteria I re-used were: 1) An operating margin (latest and 10-year average) of 20% or… ...more
  • Screening For My Next Long-Term Winner: Domino’s Pizza 22nd May 2019 by Maynard Paton - This in-depth article covers one of the most impressive UK growth stocks of the last 20 years — Domino’s Pizza. Domino’s appeared on my radar after I revisited one of my previous SharePad screens. The screen in question searches for… ...more
  • Screening For My Next Long-Term Winner: Abcam 8th May 2019 by Maynard Paton - Today I have returned to the share screen I employed to pinpoint Victrex the other week. To quickly recap, this screen applies two ratios favoured by ‘quality’ investors — operating margin and return on equity (ROE). The exact criteria I… ...more
  • Screening For My Next Long-Term Winner: Victrex 25th April 2019 by Maynard Paton - This week I am tracking down a potential long-term winner by employing two ratios favoured by ‘quality’ investors. The first measure is operating margin, which represents the percentage of sales converted into profit. In theory, a company exhibiting a high… ...more
  • Screening For My Next Long-Term Winner: Renishaw 8th April 2019 by Maynard Paton - I am convinced the very best shares to own are often led by executives who truly act in the interests of ordinary shareholders. In particular, bosses who: * do not dilute investors by issuing shares willy-nilly; * create dependable returns… ...more
  • Screening For My Next Long-Term Winner: Craneware 26th March 2019 by Maynard Paton - Years ago I read Super Stocks, an investment book that claimed to reveal “powerful new ideas” to uncover “opportunities for spectacular profits”. I sadly can’t recall identifying any “opportunities for spectacular profits”… …but the book’s “powerful new ideas” did make… ...more
  • Screening For My Next Long-Term Winner: Accesso Technology 12th March 2019 by Maynard Paton - This article has not turned out as I had expected. I was hoping to study a quality growth business that had seen its share price slump to attractive levels… …but instead I have ended up untangling some very awkward accounts… ...more
  • Screening For My Next Long-Term Winner: Hargreaves Lansdown 27th February 2019 by Maynard Paton - Quality companies often produce exceptional returns for ordinary investors. Just ask Terry Smith or Nick Train. These ace fund managers have delivered wonderful gains by investing in first-class businesses such as Diageo, Reckitt Benckiser and London Stock Exchange. Let’s use… ...more
  • Screening For My Next Long-Term Winner: Apple 11th February 2019 by Maynard Paton - Being able to analyse international shares — at no extra cost! — is a wonderful feature of SharePad. And finding overseas shares within SharePad is easy, too. Simply click on Other Lists within the main toolbar… …and take your pick… ...more
  • Screening For My Next Long-Term Winner: Games Workshop 30th January 2019 by Maynard Paton - Could now be the time to return to dynamic growth shares? Wonder-stocks such as Fever-Tree, Boohoo.com and Keywords Studios are all well below their highs of 2018… …and I wonder whether the widespread selling has created a super-growth bargain somewhere… ...more
  • Screening For My Next Long-Term Winner: Plus500 16th January 2019 by Maynard Paton - Before I start looking at Plus500 (LSE: PLUS), I have some good news…. …you can now employ my SharePad screening criteria with just a few clicks! The process involves SharePad’s amazing Filter library. This facility gives you complete access to… ...more
  • Screening For My Next Long-Term Winner: Somero Enterprises 2nd January 2019 by Maynard Paton - How did your portfolio fare during 2018? If you managed to side-step the market falls, very well done. For the rest of us — including me — I guess we can only cross our fingers and hope the FTSE performs… ...more
  • A Special SharePad Investigation: Patisserie Valerie 11th December 2018 by Maynard Paton - Before I go any further, let me just state that I am not here to say “I told you so”. But whenever I have lost money on a share, I have always found going back to see where I went… ...more
  • Screening For My Next Long-Term Winner: Mattioli Woods 4th December 2018 by Maynard Paton - Many years ago, one of my favourite sources for investment ideas was the Financial Times. However, the FT’s articles did not interest me, and nor did the Lex column. Instead, I studied a small table that was tucked away on… ...more
  • Screening For My Next Long-Term Winner: Warpaint London 21st November 2018 by Maynard Paton - I am always looking for shares that can double, triple, quadruple or more during the years ahead. And one good way of finding such great investments is to study shares that have, well, already doubled, tripled, quadrupled or more. Take… ...more
  • Screening For My Next Long-Term Winner: Zytronic 9th November 2018 by Maynard Paton - Let me start with a confession: 2018 is fast becoming a year to forget for my portfolio. Suffice to say, my shares have suffered a further drubbing… and my annual return is now firmly entrenched in negative territory. I have… ...more
  • Screening For My Next Long-Term Winner: PayPoint 23rd October 2018 by Maynard Paton - I don’t know about your shares, but my portfolio was thumped during this month’s market sell-off. The drubbing prompted me to consider whether I should remain invested in my racy growth stocks and contrarian recovery plays — or seek out… ...more
  • Screening For My Next Long-Term Winner: Character 8th October 2018 by Maynard Paton - My SharePad screening for buying opportunities has short-listed Character (LSE: CCT) as a possible longer-term investment. The attraction here is a quite extraordinary story about buybacks. You see, since 2006, this small-cap has bought back shares every year to reduce… ...more
  • Screening For My Next Long-Term Winner: CMC Markets 11th September 2018 by Maynard Paton - In this article I continue my hunt for shares that could deliver market-beating returns… …and this time my SharePad system has identified CMC Markets (LSE: CMCX) as a potential longer-term investment. CMC is a high-margin, cash-rich and owner-run business that… ...more
  • Screening for my next long-term winner: Ramsdens 31st August 2018 by Maynard Paton - I am always hunting for great shares that could power ahead of the market during the years to come… …and just few days ago, my SharePad set-up pinpointed Ramsdens (LSE: RFX) as a contender for my long-term portfolio. Ramsdens is… ...more