A Summary of all posts by Interest

 BLOG TOPIC SUMMARY TO SEPT 2025 in chronological order

 

General topics

1.      Disclaimer

2.      The re-emergence of the Fed put (which argued for a positive market)

3.      Confidentiality Agreements-beware who you trust (personal bugbear)

4.      A Review of Thinking in Bets - Annie Duke

5.      A Review of Common Stocks, Uncommon Profits, Phil Fisher—the classic text

6.      A Review of Richer Wiser Happier – William Green

7.      A review of Seven Signs of Ethical Collapse-M. Jennings—this was a copy I added some comments to

8.      Winning on Wall Street – Martin Zweig

9.      Private Equity IPO’s- Pigs with lipstick

10.   A review of 100 Baggers, Chris Mayer

11.   A summary of Poor Charlie's Almanac – the classic book

12.   A review (mainly copied) of Influence by Robert Cialdini

13.   Li Lu—the Chinese Buffet

14.   Another summation of biases

15.   Review of Investing the Last Liberal Art- Hagstrom

16.   A review of the Less Efficient Market Hypothesis, Cliff Assness

 

 

Stocks Covered

1.      PFE oversold? –still lagging, didn’t buy it. Opened up the issues with investing in pharma

2.      LVMH – the only high fashion I will ever own—top line still struggling

3.      BRK a critique

4.      TSMC FAB World Leader—continues to win

5.      RMD FH 24 result

6.      Pernod Ricard- since sold at a loss

7.      GOOG – Beware the delta—although I have vacillated on GOOG, settled to be a sizeable commitment

8.      AMD- tiger by the tail-switched and upscaled into NVDA, both have done very well

9.      PNI FH24 result—continues to be a success

10.   Evolution AB- Live casino world leader -sold at a small loss—regulatory issues

11.   NCK-well run retailer with some growth—continues to be a sizeable holding

12.   REA—no prayers necessary—sizeable holding, dominant platform

13.   CAR new acquisitions, so far so good.

14.   CSL – losing my religion—spot on

15.   BRG—how different?—I still hold and have done well, but not a large position given the issues

16.   ADYEN- showing form in a tough game

17.   PSC insurance-steady grower, taken out at a good profit. Predictable ending

18.   LOV—glamming the world—big position through SP growth

19.   Some interesting results MIN PXA DMP—looking at the troubled smaller holdings

20.   FNV-leading position in the leading streamer—lower-risk way to hold gold

21.   NIBE – a clean heat play—never bought due to no market dominance

22.   Visa- network heaven

23.   MQG- controlled evolution—continue to hold, reasonable size

24.   IEL—a small bump in the road?—ok, the road turned into a swamp—still holding/adding

25.   ALL FH24—good result, some changes mooted—I support the changes

26.   FPH – adjusting to a post-pandemic world—I still hold a small position

27.   CKF—steady grower in the competitive QSR business—sold at a modest loss—too competitive

28.   Some US stocks of interest

29.   TSMC FH24 result—textbook success—big holding

30.   EVO—just a pit stop? FH24 result

31.   GOOG- Well placed to be the AI king? FH24 results comments

32.   LVMH-with the segment under pressure -looking at some entry levels for this leader

33.   CCP- it's evolved into a trading stock $12-20 range—ie no longer a growth stock

34.   RMD FY24 result. What is the exit multiple for RMD?

35.   PNI FY24 result—executing into growth

36.   FND (US) category killer waiting for the market to turn. Sold at a modest loss

37.   REA FY24 – price driven growth

38.   NCK FY24 result, a more uncertain future

39.   CAR FY24 result—the international odyssey

40.   CSL FY24 result – the game is not the same

41.   ADYEN FH24—continues to impress

42.   HUB FY24 result – the Giant slayer—large position

43.   LOV FY24 result-once more unto the breach—large the comment reflects the poor current sentiment on the company

44.   Post results- examining the tail—MIN DMP PXA IEL DDR CKF SHL -smaller lower conviction holdings

45.   REA proposes a takeover of Rightmove UK

46.   Steadfast- opportunity knocks? –due to the 4 corners episode on strata insurance—still hold

47.   ASML – the critical link in the chain, new position, still hold

48.   C79—a speculative investment—still hold spec size

49.   MQG FH25 result comments

50.   Visa FY24 result, the Metronome

51.   Gold Strategy-my take

52.   ALL FY24 result—Sticking to its strengths

53.   Why Fund managers fail and the PNI model

54.   HUB24 Investor Day notes, the Platform beyond the Platform

55.   MIN some ponderings

56.   LOV business model lessons from Zara and Shein

57.   TSMC FY24 result—Best in Class

58.   MSFT Eyes on another Monopoly?

59.   LVMH Are we there yet?

60.   ASML FY24 result, I'm keeping with the strongest on the AI road

61.   PNI FH25 proceeding to plan, continue to like

62.   GOOG FY24 Where there is a will, there is a way?

63.   REA Fh25 result-Unbeatable?

64.   CSL FH25 result- still losing my religion

65.   CAR FH25 great business, high valuation

66.   AMZN- Strong tailwinds underwrite the big bet?

67.   NVO- working through the complexities of a miracle drug

68.   NVO more background

69.   HUB FH25 result- Signs of operating leverage acceleration or just a bull market?

70.   LOV FH25 a mixed bag (again)

71.   FNV- a low-risk exposure to gold through this royalty/streamer

72.   Visa FH25 result, the Metronome continues

73.   MQG Fy25 -solid but subdued

74.   ALL FH25 -disappointing but manageable

75.   TSMC FH25 – the AI factory

76.   Anatomy of a fail, the DMP story

77.   GOOG Fh25 result, reports of my death are greatly exaggerated.

78.   META FH25, AI in execution, new holding

79.   PNI FY25 result, advancing on all fronts.

80.   REA FY25, showing the strength of incumbency

81.   NVO FH25 result, weight loss investment case, slimming down?

82.   NCK FY25 result, is the bottom in?

83.   RMD FY25 result, great numbers continue, and even accelerate

84.   MSFT new large position, FY25 result, embedded growth

85.   CAR FY25 result steady grower

86.   CSL FY25 result- starting to take the initiative

87.   HUB FY25 Attempting to become the REA of investing advice

88.   LOV FY25 Reaccelerating!

89.   Audit of results for (most) June year end holdings

 

 

Portfolio Updates and Strategy

1.      Long-term Investing – My North Star – a review of my investment philosophy

2.      Doubling Down – think carefully

3.      My Investing Epiphany

4.      The case for a customised benchmark for retail investors—still convinced of this

5.      Feb 24 Three things that surprised me

6.      Stories, sayings, and rants prt1

7.      A little investment test

8.      Investment Checklist

9.      Analysing fund managers and maybe yourself – the five P’s framework

10.   Stories, sayings and rants part 2

11.   Disclosing the Customised benchmark for 2024/5—note in advance of the year

12.   Performance review 2024

13.   ASA presentation

14.   Why I don’t consider other portfolios' performance important

15.   Exploring the founder myth

16.   2026 benchmark

17.   My journey in microcap land- approach with whip and chair

18.   Analysis of the 2025 Benchmark, structure and performance

19.   Analysis of portfolio returns for 2025, the good, the bad and the ugly