magazine archive
magazine archive
Feature
You need to pay attention to news from small-cap companies
Thursday 09 Nov 2023Given the hundreds of stock market announcements issued every day by UK-listed companies, it’s very easy to narrow your focus either to just the shares you own or the big household names in order to keep track of what’s going on. However, smaller companies can often be the ‘canaries in the coal...
How big and realistic is the threat of $150 oil to investors?
Thursday 09 Nov 2023Crude oil could cost over $150 a barrel if conflict in the Middle East intensifies, according to the World Bank’s recent warning. Brent crude (which we’ll use as the benchmark through this feature) last hit those sorts of elevated levels in the summer of 2008, when per barrel prices went close to $...
Hassle-free income: The low-cost way to collect dividends
Thursday 09 Nov 2023The income attractions of stocks are being tested right now thanks to increased interest rates, allowing you for the first time in years to generate a decent return on cash in the bank. However, rates are approaching their peak and are still short of the latest rate of UK inflation, making a case...
Chinese EV maker BYD overtakes Tesla to become largest global producer
Thursday 02 Nov 2023Chinese EV (electric vehicle) maker BYD (002594:SHE) overtook Tesla (TSLA:NASDAQ) to become the world’s largest producer in 2022 after global production surpassed 10 million for the first time according to industry publication EV Volumes . While Tesla remains the market leader in terms of annual...
Why quality capital allocation is a useful but incomplete investment metric
Thursday 02 Nov 2023If you buy Warren Buffett lore that you should only invest in companies that you’re happy to own forever, you want to make sure they’re up to it. One of the key things that Fundsmith Equity (B41YBW7) founder Terry Smith, and many other top investors, use to evaluate companies is a measure called...
How to use 52-week highs and lows to find your next investment
Thursday 02 Nov 2023When a stock price makes a new 52-week high or low it is usually a sign of a strong trend. Going against the flow at these times is fraught with danger for investors betting for a sudden change in direction. That is because share prices tend to overshoot. Behavioural scientists have shown that...
Investing in a higher rate world: what's worked before and what could work now
Thursday 02 Nov 2023When debating what kind of portfolio is going to be best suited to an environment of ‘higher-for-longer’ interest rates, looking at past periods of high rates provides a partial guide. In the UK interest rates were high and stayed high pretty much from the start of the 1960s all the way through to...
Three quick and easy ways to screen the market for value stocks
Thursday 26 Oct 2023According to Charlie Munger, Warren Buffett’s highly respected colleague and co-manager of Berkshire Hathaway (BRK.B:NYSE) , ‘All intelligent investing is value investing, acquiring more than you are paying for.’ Or, as Howard Marks of Oaktree Capital Management puts it, ‘It’s not what you buy, it’...
Value investing is back: Why the style is working and how to get involved
Thursday 26 Oct 2023Value stocks have outperformed growth stocks by 12% since Pfizer (PFE:NYSE) announced the first effective Covid-19 vaccine on 9 November 2020. That’s comparing the MSCI World Value index against the MSCI World Growth index. We have reason to believe the value investing style could soon deliver even...
The big South Korea emerging markets debate goes on
Thursday 26 Oct 2023It is the 12th largest economy in the world with a higher GDP per capita than countries like New Zealand, Italy and Japan and yet South Korea remains in index provider MSCI’s emerging market basket. This means the MSCI Emerging Markets index enjoys exposure to a market with many characteristics of...