Browsing All Posts filed under »My Thoughts«

The Economic Issues Raised by Possible Scottish Independence

July 18, 2011

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On 5th May 2011, the first time since devolution in July 1999, the Scottish National Party won a majority of seats in the Scottish Parliament at Holyrood.  One of the key manifesto promises of the party is to hold a referendum on Scottish independence before 2016.  While political commentators have begun discussing the potential political […]

My Financial & Economic Pet Hates

July 10, 2011

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In no particular order, here goes: Stock/flow errors.  This is usually the mistake of journalists and politicians rather than professional investors, though is still far and away my biggest pet hate due to the basic nature of the error.  For those readers not familiar with the concept, a stock is a measure taken at a […]

Chinese Property Developer Shui On Land Faces A Liquidity Squeeze

June 14, 2011

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As you may have seen from my Twitter feed yesterday, I learned that I didn’t get (yet another) job that I recently interviewed for.  However, the upside of this is I can now share the presentation that I made at the second round of the interview process.  I was asked to perform a credit analysis […]

Reader Question: Should I Invest In Gold and Silver?

June 10, 2011

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After the sale of a property I now have some money to invest. I’m sceptical of advice given to me because I’m not that knowledgable & don’t want to lose it. I’m looking for something safe to beat inflation. Would gold/silver be a good way to invest? Thanks. Firstly, you should note that I’m not […]

The Power of Brands

June 8, 2011

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Yesterday, after what felt like a couple of hours of trying to scratch my eyeballs out of their sockets, I decided it would be sensible to make my annual purchase of anti-hayfever tablets.  Arriving at the local supermarket, I found a number of branded and unbranded products on sale.  The two leading branded products in […]

Misunderstanding Enterprise Value: The Economist & Financial Times Edition

June 6, 2011

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From the Lex column (“Renault: carmaker is running on empty“) in the Financial Times on 31st May 2011: Subtract the market value of Renault’s stakes in Nissan, Avtovaz of Russia, Daimler and Volvo, and the stub value of the French carmaker is negative: minus €15 a share. From the Economist (“Renault’s woes“) on 4th June […]

Time is Money: A Personal Lesson

April 26, 2011

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US founding father Benjamin Franklin wrote that “time is money”, adding that “He that can earn ten shilhngs a day by his labour, and goes abroad or sits idle one half of that day, though he spends but sixpence during his diversion or idleness, ought not to reckon that the only ex-pense ; he has […]