I’ve been passionate about investing and equity research since 2014.
I remember making my way across a bookshelf of old investment classics when I left school – the stuff written by Phil Fisher, Seth Greenblatt, Peter Lynch etc. Their specific strategies have aged out (“<10 P/E stocks”), so right up until 2020, I focused on self-learning accounting and corporate finance, waiting for what I saw as a good entry point into the market when COVID-19 hit.
There’s been ups and downs but I’ve generally trended in the right direction. This blog now serves as a repository of the analysis that I can perform as a retail investor, a place to share my writing and to diarise decision-making. It takes quite a few hours to research the ideas that I can, having a separate full-time job, so all feedback here or on socials is appreciated.
I run a very concentrated book of just 5 or 6 stocks at any given time. In a nutshell, my value investing approach is to try and find future profits at companies that the market either does not see or cannot extract, but are a catalyst away from being properly appreciated. I go for straightforward setups with favourable risk/reward profiles, ideally tied to specific timelines and catalysts (which usually come with unfolding corporate events, so lots of predicting M&A, legal battles and activist shake-ups in the boardroom). I target micro/small-caps in less trafficked, inefficient areas of the capital markets where most institutional investors cannot go, and I hope that, in turn, this ensures a truly international range of ideas on this blog.
I don’t back random world trends, popular products, or businesspeople I “believe” in, and I avoid making sweeping macro calls as I find them both incredibly difficult to get right and often clouded by the bias of a world view. I prefer local, event-driven special situations where the risks are known, there are fewer competing investors and you can fit everything into one picture frame, so to speak.
