Ruffer Investment Share Discussion Threads

[0x3f] 14/6/2016 22:32

I don't mind it going down, but expect less than ftse! Maybe discount to nav has opened up.

Interesting to see on 1 year chart the high frequency volalility is less than the ftse, it's just that the low frequency (overall trend) is the same-ish. They seem to be getting something wrong.

I wonder how much input Jonathan Ruffer has these days since he went part time.

[pvb] 14/6/2016 22:05

I am starting to agree. This seems to be increasing volatility, not reducing it. I'd have been better off without it!

[lambeater] 14/6/2016 21:24

These people must be held to account at the next meeting. The stock should be going up at times like this otherwise what's the point of holding the shares. They are a lose lose.

[0x3f] 14/6/2016 18:45

Terrible performance here. This is supposed to be one of my defensive, low correlation holdings but over 1 yr it's down about the same as FTSE (12.5%).

[lambeater] 29/4/2016 17:02

I think my average is about 199p (including dividends)so not good but certainly not a disaster. Not sure what the share price movement correlates to. Japanese equities? Interest rates? Or are we keeping the champagne and oyster bars alive in The City of London?

[elmfield] 29/4/2016 16:04

Since Christmas this being my safe share so called has been
my worst holding,
Something the team need to chew on!!

[lambeater] 29/4/2016 15:41

...or bluffer?

[edwardt] 29/4/2016 13:49

chicken feed for him - time to rename duffer?

[elmfield] 15/4/2016 13:30

Followed by hamish ballie taking 30000 odd.

[bench2] 31/3/2016 23:03

Good to see Le Grand Fromage buying 40,000 shares pa

[jimbo55] 16/2/2016 13:11

The latest monthly report is here:

hxxp://www.ruffer.co.uk/cmsfiles/reports/RIC_Monthly_report.pdf

... and yes, they do have some exposure to Japanese Banks. However, only 15% of the trust was in Japanese equities as of January.

[edwardt] 16/2/2016 10:32

errr aren't they long Japanese banks?

[jimbo55] 24/1/2016 13:44

They don't do discount control. Strengthening Yen has probably helped them recently.

[tacheman] 21/1/2016 21:52

Poss underlying Nav not as bad. Not sure if the do discount control.

[tacheman] 21/1/2016 21:51

I was thinking the same, with pnl/cgt performing well. More expensive TER here too...

[elmfield] 21/1/2016 18:52

Not quite oing what it claims on the tin.
For a safe place, or so say, very dissatisfied.
Holdings other places done far better, meant to be riskier, lol!

[pvb] 05/10/2015 19:42

And it's October again!

[pvb] 26/2/2015 14:50

Now we wish we'd bought more in October!

[elmfield] 26/1/2015 19:11

Asset value now over 218p,
A very good run, can it keep moving ahead?
Must have had a couple of good clls.

[ifthecapfits] 10/12/2014 12:50

hxxp://www.investmentweek.co.uk/investment-week/news/2386009/ruffer-duo-falling-oil-can-fuel-disinflationary-boom-for-stocks?utm_term=&utm_content=Ruffer%20duo%3A%20Falling%20oil%20can%20fuel%20%E2%80%98disinflationary%20boom%E2%80%99%20for%20stocks&utm_campaign=IW.Daily_RL.EU.A.U&utm_medium=Email&utm_source=IW.DCM.Editors_Updates

[elmfield] 10/12/2014 10:37

Well,
Showing its true usefulness now,
Building block for any portfolio, imv.

[edwardt] 21/11/2014 10:24

he is too busy building a castle.

[madengland] 21/11/2014 08:36

The value of this trust was Jonathan. It's now back where it was 2011. The musings of Jonathan were the musings of a very high calibre man. I would be back in like a shot if he returned. Hope the trust starts to deliver for holders.

[edwardt] 17/11/2014 17:09

have to say, i used to put the kettle on and enjoy reading Jonathan's monthly musings. now it is a bland description of ex post events- the young lad needs to develop a bit of flair like the old boy. the trust however does look cheap imo fwiw.

[madengland] 20/10/2014 23:41

Performance both relative and actual and even versus fund objectives..... Nothing looks good does it, or am I missing the point?