Terry Smith of Fundsmith is my favourite fund manager. His returns are quite astonishing when you consider AUM (£13 billion) and that his portfolio consists of large and mega cap global equities mainly from the United States and United Kingdom. I've been an investor into Fundsmith ever since I first clapped eyes on the market beating returns: As of 8 December … [Read more...] about Terry Smith of Fundsmith Continues to Bring Home The Bacon
Technically we are already in a bear market. Most of the world's major stock markets around the world are down 15% for the year and have had their worst start to a year in the history of the stock market. The term 'stock market crash' refers to a drop of 50% or more in the value of stocks the momentum of which is driven by panic-selling usually induced by bleak economic … [Read more...] about 3 Reasons Why The Stock Market Should Crash
From the mailbag, Paul writes: "I have to ask David, what are your thoughts on Tesco? Lost 1/3rd of market cap in a short time and now a forward yield of 6%. It is still a market leader and surely makes enough cash to turn the decline around, though admittedly it is a but like turning an oil tanker. Whilst I don't live in the UK at present, I was visiting recently and I … [Read more...] about Is The Tesco Share Price Decline A Green Light To Load Up?
On June 9 2014 Premium Subscribers to The Value Investor Report were alerted to the undervalued Kazakhmys (LSE: KAZ), a London-listed copper miner that has fallen on hard times. That was at 282p a share when Kaz was trading at 50% of tangible book. The shares are now trading at 309p a share and they recently peaked at 354p on July 24. But that's not the whole … [Read more...] about FREE STOCK REPORT: Kazakhmys (LSE: KAZ)
Tesco (LSE: TSCO) today announced another quarter of falling sales - it's third quarter in a row - down 3.7%. The well respected consumer knowledge firm Kantor Worldpanel said this week that Tesco's market share declined to 29% in the same quarter down from 30.5% a year ago. At today's share price of 296p, Tesco's PE Ratio is 24. That makes Tesco stock too expensive to … [Read more...] about Why Tesco Is Still Not A Buy