Making a loss? Sell

Making a loss? Sell.

If you are making a loss, read this list. You will have sold before you get to the bottom. I was working for a Japanese broking house in London in 1987 when the stock market collapsed. The principal trading book (the broker’s own money traded in the markets by a team of professional traders) started…

Post-It Notes

It’s all so short-term when you write daily. I sometimes go back to newsletters from a year or more ago and, with the knowledge of hindsight, read in minute detail the reaction to overnight events and realise that we look too closely at the market. Much too closely, because, as always with investment in hindsight,…

BUY HOLD SELL – Autosports Group (ASX: ASG)

Autosports Group (ASX: ASG) is best known for dealing in the luxury car market, representing brands like Aston Martin, Bentley, Lamborghini, Maserati, McLaren and Rolls-Royce. It has more than 40 retail businesses throughout Sydney, Melbourne, Brisbane and the Gold Coast. The new vehicle segment of the business made up the bulk of its revenues in…

The 12 Million Dollar Man

Member Email Hi Marcus, You will of course not remember this, but we met at the seminar you held in Perth a few years back. I then asked you your opinion on the, then budding, lithium market and you were positive towards it. You said that there is a lot to be said for focusing…