INVESTING: BOOZE

INVESTING: BOOZE

One thing people don’t cut back on in times of uncertainty is booze. They may postpone replacing the car or moving house but in the case of ‘the small pleasures’ they often consume more. Cornwall brewer St. Austell has just bought its rival Bath Ales, not to slash...
INVESTMENTS

INVESTMENTS

The weak pound is terrific news for our big international companies where the vast proportion of their business is done overseas: Shell; Unilever; British Aerospace; BP; GlaxoSmithKline; AstraZeneca, Diageo and yes, our tobacco companies – BAT and Imperial. It...
INVESTING: FTSE 100

INVESTING: FTSE 100

It’s no accident that the share prices of our biggest companies (FTSE 100) went up on average, by 7% when the Brexit result was announced: 75% of the earnings of our top 100 companies are earned overseas. So the 12% drop in pound, meant that 75% their profits, are...
FINDING WINNERS

FINDING WINNERS

However bad a situation, there are always winners. The trick is to find these winners; celebrate them; copy them and if possible, invest in them. They will be: 1) The agile and adaptable (usually smaller, entrepreneurial); 2) The fortunate ones who have been serious...