The markets have been in freefall, and savings have gone down in value. What does the intelligent investor do? Run away, buy more, or nothing. Brad and George discuss the situation and their thoughts of what not to do, and how you may position yourself for a market recovery. This is not advice, just a conversation between two friends who follow the markets closely.
Brands have often been around a long time and therefore they would appear to have a Durable Competitive Advantage
But, how as a DIY investor do you identify the businesses that have brands that can protect them from falling market share and margins and those which are simply famous?
In this podcast, Brad and George discuss brands and the things you should be thinking about before investing for the long term.
Saga is best known as an insurer for the silver pound or ‘grey’ market. I remember older family members talking about it many moons ago in the context of their cheaper car insurance and ‘why should they subsidise dangerous younger drivers’.
It was an exclusive club and a brand with pulling power.
Saga Cruises… could this right the ship for shareholders?
Fast forward to 2019 and this company has had some major challenges. Saga IPO’s at 185p in 204 and has had quite a disappointing journey for shareholders. It sat at around 120p for some time and then in April 2019 cut the dividend due to one-off charges and communicated the challenges in the business and the share price plummeted to sub 40p. It has recovered a little but not enough to help.
As a businesslike investor, I am not interested in the share price unless I am buying or selling. The market is there to serve you not instruct you.
As an investor, I am interested in the underlying business. Is it one I would like to hold for a very long time -ideally forever? Does Saga have a durable competitive advantage that means it can make above-average profits compared to the market?
Apple released its 3rd quarter earnings on 31 October 2019 and it is flying. I listened to the earnings call and my notes are on my website:
iPhone 11, Wearables, Pods, Beats, Services, Apple +. more and more and more.
In this podcast, Brad goes through the Facebook Earnings call and digs into the numbers, the trajectory, the business qualities, the incredible R&D provision as well as the political headwinds which could impact on the business. See more here:
Tesla Q3 earnings call 2019 webcast
Tesla shareholders saw earnings per share of $1.91. In contrast, analysts expected an adjusted loss of $0.29 per share.
Tesla reported revenue of $6.3 billion
Two big things: Robotaxis and Tesla Energy...
How does a DIY Investor develop a healthy relationship with money?
Brad and George discuss the problems of fear and greed, as well as life hacks to create healthy boundaries so that investors can ensure money is a servant, not a master. And what is an 'Investing buddy'?
Love can be blind but is Tesla, the Electric car company really going to jump to $4000 per share (20 X) off the back of its exponential growth compounding at 87% per annum, advanced battery technology, self-driving software, and soon to launch 'robotaxi' fleet. Taxis with no driver in them. It is an incredible story but is it an intelligent investment? Paul Currer and Brad Askew discuss.
Psychology around investing and why Investors in the UK may be well served by having professional financial advice.
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