My Say

John Cage wrote:
I can’t understand why people are frightened of new ideas.
I’m frightened of the old ones.

Here are a few of mine:

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My Say No. 66 – Affirmation

My Say - No. 66 18th January 2021 Affirmation It was with bated breath that I waited for the year end results and now that they are in, I can only say how pleased I am and how affirming they are. For this newsletter let’s begin with the “Mothership”; All Industrials...

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My Say No. 65 – What a year it’s been

My Say - No. 65: What a year it's been 24th Dec 2020 Well, what a year. I make no apologies for the lack of newsletters; it has been a rather tumultuous time and talking sense about investing was made difficult amidst the storm of commentary. However, it is year end...

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My Say No. 64 – Structuring For Cash Flow

“Retirement Income: the place of Listed Investment Companies & other managed funds”. Although this newsletter is ostensibly about retirement, I would like you to keep in mind that the principles apply whether we are investing for our grandchildren, using the cash...

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My Say No. 63 – Property Trusts

"The surest way to corrupt a youth is to instruct him to hold in higher regard those who think alike than those who think differently." (Nietzsche) With the longer-term effects of Covid19 becoming more apparent by the day I was reminded of another asset class that...

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My Say No. 62 – Investors Unite

With ‘breaking news’ shattering our peace at present, I am rather reluctant to add any more to the tumult attempting to address the health aspect of the current ‘crisis’. However, I would like to add some comfort for committed investors. Whilst this current situation...

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My Say No. 61 – Wind back the clock

You do not really understand something unless you can explain it to your grandmother. -- Albert Einstein. Whilst browsing the weekend papers this morning I was reminded of a peculiar habit of people; one I have commented on in previous newsletters. It is the almost...

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My Say No. 60 – Oh no, not again

It was disappointing to see, yet again, the use of a failed metric to distort the investment dialogue. Let me start this by reminding everyone of my preferred definition of investing; ‘the use of money productively to produce a regular income’. Contrast this with the...

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My Say No. 59 – Up and down, round and round

I have been looking forward to this time of year, almost as much as Christmas as I now get to update all my charts and again marvel at the boring predictability. Things have gone up, down and round and round as per usual but the pattern of the 38 years covered gives...

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My Say No. 58 – Interesting Times

I would like to thank subscribers for their patience. It has been almost 20 years since I left the industry to tread my own path (with acknowledgement to Scott Pape for the quote). The website has aged and was well overdue for an update. Amongst other things, it was...

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My Say No. 57 – Replay

With more updates rolling in I thought I would cheat again and repeat an earlier article, including the latest charts. The listed property article I wrote back in 2016 was based on my annoyance at the misleading reporting from people in the industry who should know...

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