Scottish Mortgage Invest... Share Discussion Threads

[2torrance] 07/1/2019 11:49

topvest I think it is fair to say you have been attacking SMT's strategy since around 2014 (!) and have therefore been proved (as you very fairly indicate) quite wrong. Indeed you missed most of the bull market so there is a slight sense of sour grapes about your post. At some point of course SMT go down as they have but it is pretty obvious their core strategy has proved a longterm winner. And note how they dropped Apple last year way ahead of the pack, a shrewd move which has left them in a far better position now.

[topvest] 07/1/2019 10:41

I've sold over half of my remaining shareholding. I've already 4 bagged on my initial purchase 10 years ago, but haven't really covered myself in glory on when I have sold. Think this share is going to get crucified in 2019. It's on a 10% premium, so you can take it to a 10% discount without any effort. The FANG stocks are now in bear territory, so there is a 50% chance they will go down 80% and and 80% chance they will go down 50%. I think this investment trust is probably heading for under a £1. One to buy in the next recession, and it all starts again. Kept a very small holding as I like remaining a shareholder here and receiving their interesting annual report.

[actybod] 04/1/2019 22:20

Took more at 444

[actybod] 31/12/2018 12:58

Uncrossed at 467 to end the year.

[pjw956] 21/12/2018 20:44

crazy market? unreal times not helped by a numpty in the whitehouse.

[quepassa] 06/12/2018 10:31

look at that graph.

Dire

Market Capitulation coming soon.

[pockstones] 20/11/2018 18:28

All the large tech stocks 20% off their highs yet the manager revalues upwards all his unquoted investments
Unquoted is where he has been investing a greater proportion of the trusts assets?

[actybod] 20/11/2018 13:03

Looks like 450 this afternoon.

[quepassa] 20/11/2018 08:08

Looking for rentry point nearer 400p.

Trump typical trade negotiation tactics with China will likely ensure further weakness before agreeing new trade agreements .

[lollipop1] 19/11/2018 20:22

Nio doing well.What price paid I do not know.

[actybod] 19/11/2018 17:57

Sharp drop - ready to take more at 450

[actybod] 15/11/2018 19:50

Holding firm in the chaos.

[samwn1] 08/11/2018 09:49

Eh que pasa amigo, tiene un dolor en tu cabeza?

[quepassa] 26/10/2018 10:20

Amazon down a lot in the premarket. Alphabet also.
Weaker than expected sales outlook. The bellwethers set the tone for the whole market. And the weather looks ugly.
Today's US futures down big-time this morning.




ScoMo still trading at around NAV.
Wouldn't surprise me in the least if a significant DISCOUNT TO NAV starts developing.


Is ScoMo going sub 400p on the back of the global tech sell-off??
Cannot be ruled out.


ALL IMO. DYOR.
QP

[quepassa] 25/10/2018 11:16

TESLA UP 10% in today's Pre-Market as Musk reports blow-away $311million profit.

Should help.

[quepassa] 25/10/2018 11:03

ScoMo is down almost 20% since the September peak.

Down a whopping 20% in a just month is telling you something about having a highly concentrated portfolio and outsize positions in individual stocks.

Near the point where all 2018 gains have almost been erased.

The question is when the market will turn.



Getting near the point of "When others are fearful, be greedy" .

Good Luck All.

QP

[nimbo1] 23/10/2018 11:21

yep some of this is already priced in but im not buying yet as it feels like a decent bear market is here - sell the rally seems to be the new strategy! Might be wrong and all that.

[quepassa] 23/10/2018 09:35

The Tech party's over.

Article in today's FT " Tech trade no longer safe bet for investors". P25.

ScoMo is running into a perfect storm:-

-Investors wholesale selling Faangs
-Extreme tech stock valuations rapidly deflating
-Tariff tensions
-Big-time China sell-off
-Rising interest rates


ALL IMO. DYOR.
QP

[actybod] 16/10/2018 21:30

Nice intraday. Friends continue to be investors here.

[nimrod22] 16/10/2018 09:08

Sold back in June, now worth buying back in again

[actybod] 12/10/2018 16:50

Yup yesterday. My friend added 100k at average of 465.

[thamestrader] 12/10/2018 14:06

I bought at 448, but that was yesterday.
Maybe Actybod was yesterday, too.