Warren Buffett seldom gives advice and he never tries to predict the stock market. So today's post shares a rare moment where Warren Buffett simply tells it like it is: how to make money from the stock market in a simple, straightforward fashion and especially if you are new to investing or short of time: https://youtu.be/yk94tI_2QOY Here's a transcript: The average … [Read more...] about Warren Buffett’s Stock Market Investment Advice
In a series of posts that sprang from Warren Buffett's latest 13F filing I have responded to two questions on social media regarding the improved fortunes of Southwest Airlines (NYSE: LUV): @djthomas would be interesting to post your GM% improvement for LUV against oil prices to see how much correlation there is. Bet it's a lot. — Peter Harris (@2peterharris) March 20, … [Read more...] about Southwest Airlines (NYSE: LUV) Gross Margin % v Oil Price: Is There A Correlation?
In a post called As Warren Buffett Dumps Retailers And Loads Up On Airlines I took a fleeting look at the improving economics leading to much improved ROIC of listed airlines as a possible reason why Buffett would have bought stock in an industry that he has traditionally shunned throughout his investing career. It has been well documented that low oil prices have … [Read more...] about Has New Tech Been Responsible For The Improved Profitability Of Airlines?
Walmart went. American, Delta, United and Southwest are in. The consensus among those who analyse Buffett's every move reckon it's the drop in oil prices and industry changes that have allowed airlines to generate higher returns than they have previously. In my humble opinion out of the four airlines, Southwest Airlines has shown the steadiest and most progressive … [Read more...] about As Warren Buffett Dumps Retailers And Loads Up On Airlines
Today a BBC Business News article proudly states that 'Retail Sales Fall Unexpectedly In January'. The Beeb cite a report by the ONS again released today showing retail sales volumes dropping by 0.3% as compared with the previous month, well below the 0.9% expected rise. I don't know if it's the way mainstream financial writers come up with headlines or in this particular … [Read more...] about Why Mainstream Financial News Can Misalign Your Investment Framework
British Telecom (LSE: BT.A) this week announced that it will now have a two-year period of results which will be affected by the accounting scandal in its Italian unit. An independent review by KPMG found that: These actions have resulted in the overstatement of earnings in our Italian business over a number of years This has resulted in a £530 million write down of the … [Read more...] about Two FTSE 100 Stocks That Are Unpopular With The Market
So towards the end of last year whilst digging through some old paperwork I came across an old private pension. On closer inspection I found that it was well over 10 years old and had returned 5% annualised which includes ad-hoc contributions I'd made years earlier. 5% annualised is less than some index trackers I've seen which have exceptionally low management fees and … [Read more...] about How I’m Growing My Retirement Fund With Low-Cost Value Investing
News flashed across my screen at the beginning of the year that Anglo American (LSE: AAL) was the best performing FTSE 100 stock in 2016 returning 289%. Not bad for a large cap. Here's what that looks like on a price chart: A pretty impressive run. What's even more impressive is that AAL today is worth £16.28 billion. Not bad considering that AAL was the one of … [Read more...] about Anglo American Returned 289% In 2016 – That Is A LOT
Yesterday I opined that Next's results were a point of reference for how the British high street will fair in 2017. Let's just say that its not a bed of roses. It now appears that US consumers are also feeling the pinch with results out for both Macy's and Kohl's both of whom have slashed earnings forecasts for this year. Kohl's and Macy's Christmas sales fell 2.1% … [Read more...] about Shock Horror: The US High Street Is Also Feeling The Pinch
Debenhams, Marks & Spencer and AB Foods have all had their share prices affected by Next's statement today. Shares in Next (LSE: NXT) fell 14% in the morning and blamed the expectation of the continuation of the cyclical slowdown in consumer spending on clothing and footwear. We may see a further squeeze in general spending as inflation begins to erode real earnings … [Read more...] about Whoopsie: Next Plc (LSE: NXT) Says The Future Looks Bleak
I'm late to the party but Glaxosmithkline (LSE: GSK) is the latest stock to find a home in the Shares and Stock Markets Portfolio mainly to add some ballast to an otherwise speculative stock selection. I opened a position on Monday but hadn't had time to update the website due to my focus on the private business which is the reason why the Shares and Stock Markets portfolio … [Read more...] about Long Glaxosmithkline Plc At £14.87: A Relatively Unpopular Large Company