Venture Life Share Discussion Threads

[attrader] 26/11/2017 14:21

Thank you everyone for sharing books, experience and keeping this thread going. Especially regular contributors like APAD, Red, Hydrus and others.. Would love to catch up with you when you guys are around in London..

[apad] 26/11/2017 14:18

You folks into books might be interested in this:
"The Little Book of Behavioral Investing: How Not to Be Your Own Worst Enemy [Audiobook] by James Montier (Author), Sean Pratt (Narrator)
English: MP3, 128 kb/s (2 ch) | Duration: 05:02:41 | 2010 | ASIN: B003L8L51Q | 277 MB
Genre: Investing
Here is a detailed guide to overcoming the most frequently encountered psychological pitfalls of investing.
Bias, emotion, and overconfidence are just three of the many behavioral traits that can lead investors to lose money or achieve lower returns. Behavioral finance, which recognizes that there is a psychological element to all investor decision-making, can help you overcome this obstacle.
In The Little Book of Behavioral Investing, expert James Montier, one of the world's foremost behavioral analysts, takes you through some of the most important behavioral challenges faced by investors. Montier reveals the most common psychological barriers, clearly showing how emotion, overconfidence, and a multitude of other behavioral traits, can affect investment decision-making"
It's available as a free audiobook on a website called PirateBay.

apad

[hydrus] 26/11/2017 10:55

Thelong - think I may have read it. There are not many investing books I haven't read tbh. Reminiscences of a stock broker is the most fun.

[hydrus] 26/11/2017 10:30

Dacian I own two US and Canadian small/medium sized companies. They sit in the quality/growth part of my portfolio (which is the main bit). I used exactly the same approach in researching stocks and selecting them as I do with UK stocks. Need to invest in software though - I use stockopedia and built my own filter based on the criteria I am interested in. Tend to then research the long list, produce a much small watch list and then mull them over, get to know them and then after a few months when opportunity arises (eg a dip) I might dip toe in with one or two ones I think are special. I'm very selective though. Also own AMZN which isn't really a small cap !

[thelongandtheshortandthetall] 26/11/2017 00:57

Hi hydrus

Im just reading your fav investing book - 100 baggers
Im enjoying it.

Youd would probably like buffettology by mary buffett and david clark.

[janeann] 25/11/2017 21:13

Thanks apad - I said something to that effect some months back; Right place at the right time and a step ahead of the game. Surprised it has gone quite so far but Old Mutual have a fair chunk which will have given support.

[panic investor] 25/11/2017 20:35

Took me ages to buy into PRSM but won't sell my holding now

[apad] 25/11/2017 19:41

janeann.

Comment from my IT director pal of a financial company:

"I like Blue Prism by the way, seems to be leading in robo at the moment."

apad

[homebrewruss] 25/11/2017 17:40

Thanks hydrus.
I've given it a try as for the price there isn't much to lose and based on their microcapclub posts I thought it was worth a shot. I also had their intelligent fanatics book on my wish list.

Also I think the price is due to go up in January so now is the time to subscribe.

Anyway NAI but it might be worth a look at this price.

[hydrus] 25/11/2017 17:33

Final post - it was microcap club not intelligent fanatics I was a member of and it cost hundreds of dollars not $29.99 so clearly different sites!

[hydrus] 25/11/2017 17:31

BTW this was a couple of years ago so imagine their site has developed. Overall still worth a shot probably homebrew but really think it's only worth it if you have lots of time to research the stock ideas discussed on there as inevitably most won't be to ones taste.

[hydrus] 25/11/2017 17:21

Home brew - have to be honest I do not find the books to be any good. I used to be a member of MicroCapClub a few years ago. I found one stock out of dozens I researched that I decided to invest in and that more than paid for subscription. However I have found much better ideas through my own filtering techniques and therefore let it lapse.Anyway others may find it useful but I found that Ian Cassel's free articles are the most interesting thing about it. He did point out 100 baggers by Chris Mayer to be fair which is my favourite investing book.

[homebrewruss] 25/11/2017 17:14

Dacian and others, the guys behind microcapclub currently have an offer on for their intelligent fanatics forum which includes their two books available for free. The free books are worth the price but I'm also attracted to some non uk stock ideas with brexit about to loom large..

[redartbmud] 25/11/2017 10:22

jane

It doesn't look like anything is scheduled for Monday, so any RNS would be abnormal.
Punchy PE? Hmmm....

red

[janeann] 25/11/2017 08:55

MCGN someone bought 800k shares at £4.50 late pm on Friday - a mere 27p above the offer. Perhaps a BTFD and an RNS on Monday?

[lauders] 25/11/2017 01:12

I have a problem with me top-slicing.
I don't have a problem with other folks top-slicing.

Loved that! Very good ;-)

Thank you for the FENR link Apad.

I am watching them carefully. Once I one bag them I may move on. Not far off that target now.

Edit - Knowing you follow return on capital I think these will interest you if not seen yet:

[redartbmud] 24/11/2017 21:51

jane

Snap.

APAD
Ouch!!

red

[janeann] 24/11/2017 21:36

The problem I have with top slicing is (generally) I do it too early (after a decent rise) so I then buy back at a higher price and the price then falls back. (hence selling my additional prsm today) (and still holding some very expensive thal for the same reason)

ps the listening isn't the problem ; its the decision making/taking action thats the issue

[apad] 24/11/2017 20:50

red - behave!
I have a problem with me top-slicing.
I don't have a problem with other folks top-slicing.

janeann - yup, it's always a dilemma.
If it wasn't there'd be an answer :-)

My dray horses are showing signs of life!

apad

ps
I'm still a doubter about PRSM, but whatever you do, don't listen to me!

[rp19] 24/11/2017 20:45

Oscar Wilde - “To do nothing at all is the most difficult thing in the world, the most difficult and the most intellectual.”