Skin in the game: Two for the watchlist
Richard uses his “Skin in the game” table to find companies whose directors are major shareholders. The experiment starts off badly with Asset Co., but
27th November 2019
Richard Beddard
Richard is a highly-respected investment writer well-known for his Share Sleuth portfolio, a model portfolio he runs for the investment platform Interactive investor. Richard eats his own cooking – buying good businesses at reasonable prices and holding them for the long-term in his Self Invested Personal Pension.
I’m a long-time ShareScope and SharePad fan and my aim is to help you find better companies faster using the fantastic tools at your disposal. My focus is on finding businesses we can reasonably expect to prosper for many years. As well as analysing data, I work out the strategies companies are following and try to verify that they are working in the real world by quizzing executives, visiting companies, trying their products and observing how they operate.
Investing alongside managers with skin in the game
Richard uses SharePad to find companies whose managers are also significant shareholders. They are likely to be building businesses for the long-term, he says. The
13th November 2019
Burberry joins “Future of Fashion” portfolio
In his quest for companies that control their own destinies, Richard discovers luxury fashion brand Burberry, a company whose products he is in no danger
29th October 2019
Finding companies that control their own destinies
Fallout from the demise of Thomas Cook reminds Richard of the virtues of vertical integration. In the month since the demise of Thomas Cook, the
16th October 2019
What PZ Cussons’ cashflow tells us about its strategy
Having found PZ Cussons through his Keep It Simple, Stupid filter, Richard examines the company through its cash flow statement. To his delight, he finds
2nd October 2019
Filtering out the big spenders
Richard invents a new filter that promises to weed out big acquirers in a drive for simplicity he hopes will make investigating his next company
18th September 2019
The future of holidays portfolio
Richard returns from his holiday and wonders whether he can put the experience to use by investing in holiday companies. First step: Create a portfolio
4th September 2019
Hidden potential in new division
Richard analyses Bloomsbury Publishing’s segmental report to work out where the profit is coming from. The Harry Potter effect is still evident, but the company
21st August 2019
Finding the best companies to analyse
A wise man once advised investors to stick to their circle of competence. Richard uses SharePad to keep his eye on the prize, and it
6th August 2019
The art of the sale
In response to a reader’s request for a sell filter, Richard goes looking for trouble in his portfolio by setting some “curiosity triggers”…. One of
23rd July 2019
How to work out whether a firm is good acquirer
Richard uses a trick from Judges Scientific’s playbook to assess local hero Scientific Digital Imaging. Both companies acquire scientific instrument manufacturers using a “buy and
10th July 2019
The Future of Retail portfolio
Rule number one in investing is to buy what you know, but how does that work when what you know is changing day by day?
26th June 2019