MunroMan

Robert Davies

MunroMan’s Activity

Fri Feb 5

NL

Boards Post

MunroMan replied to the Investment Strategies board. 11:53

Re: GMO Update

Rob, I'll admit to finding exchanging posts with you to often be quite frustrating! The reason being that you often don't debate the points stated but debate other points, straw men if you will, that weren't made and are often either uncontentious [more]

NL

Boards Post

MunroMan replied to the Investment Strategies board. 10:27

Re: GMO Update

Currently ultra-low resource prices are not sustainable, particularly those of grains and oil. Oil producers need $65/barrel and rising to finance new oil exploration.

I disagree. Business, be it oil exploration or making widgets, [more]

Thu Feb 4

NL

Boards Post

MunroMan replied to the Paulypilot's Pub - Macro Topics board. 07:44

Re: Secular stagnation

You don't have to be a died in the wool socialist/corbynista to think there may be a substantial problem with capitalism at the moment. And in the specific case of the UK the failure to to invest in transport and other infrastructure seems to have [more]

Wed Feb 3

NL

Boards Post

MunroMan replied to the Bert's Investor Sanctuary board. 11:31

Re: Why isn't a commodity rout a good thing ??

The money is made when a lean and mean junior miner or oil company takes over a "high cost" producing asset. They bring in the junior low cost mentality and in some cases are able to turn the high cost, money losing asset into a gold [more]

Tue Feb 2

NL

Boards Post

MunroMan posted to the Investment Strategies board. 21:39

Oh dear


The latest snapshot of investment returns, from the annual study by the National Association of College and University Business Officers (Nacubo) and Commonfund released last week, the asset manager, painted a sorry picture: the average
[more]

Mon Feb 1

NL

Boards Post

MunroMan replied to the Investment Strategies board. 07:01

Re: Poll: EMH

Okay, but then how do the trackers know what the right price for the stocks is?



That implies there is "right" price for ever stock. Many of us would argue there is no such thing. The stock market does its best to [more]

Sat Jan 30

NL

Boards Post

MunroMan replied to the Investment Strategies board. 12:10

Re: Poll: EMH

EMH is right enough for the cost, time and risk involved in trading against it are not rewarded by additional net returns.

Rob

Fri Jan 29

NL

Boards Post

MunroMan replied to the Investment Strategies board. 19:25

Re: Buy the dip

Was it the shortest bear in history or a rally before the next plunge?

Embrace volatility. It is was what deters people from investing making equities cheaper for those prepared to endure it and reap the rewards of superior returns [more]

NL

Boards Post

MunroMan replied to the Running Your Own Business board. 10:15

Re: Buying asset from ltd company

'From 2013-14 onwards, businesses may use a fixed rate per business mile to compute their vehicle expenses under the new simplified expenses rules. They can use this method of relief as an alternative to keeping detailed records of actual [more]

NL

Boards Post

MunroMan replied to the Running Your Own Business board. 09:43

Re: Buying asset from ltd company

On a related issue is 45p a mile the maximum HMRC will allow you to charge for mileage?

It seems low to me just for a plonk old saloon that I run.
Last year cash running costs for 2 old cars was £5,302. Add on about £5k for [more]

Fri Jan 22

NL

Boards Post

MunroMan posted to the Investing for Income board. 17:08

What’s the point of analysts?

Stock market analysts have a mixed reputation. The best of them know their industries better than some of the participants and it is not unknown for analysts to make the transition to management. That said, not all of them are free thinkers and it [more]

NL

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MunroMan posted to the High Yield - Share Strategies board. 09:24

Dividend aristocrats and Div Plus

I was at a Smart Beta conference yesterday hosted by the Cass Business School.
As Both State Street and Blackrock iShares had stands there so I took the opportunity to each each of them exactly how they weighed their Portfolios because I have [more]

Wed Jan 20

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 08:14

Re: Poll: How do you select funds

A non interest bearing bank account is even more obvious. If you hadn't made the decision to invest in X and left the money safe but not earning interest, would you be better off? You might have lost a bit of purchasing power, but at 2% a year, [more]

Tue Jan 19

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 20:22

Re: Poll: How do you select funds


The thing about "borrowing beta" assumes that this is always a positive thing to do, and that's far from true.


I don't care if it is positive or negative as long as marketing men do not try and pass it off as [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 20:04

Re: Poll: How do you select funds

If I am proposing anything at all it is that the logical conclusion of your arguments is the "UK" part should be dropped from funds that invest in those 700 companies as it gives the wrong impression - the impression that an investor is [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 19:58

Re: Poll: How do you select funds

A non interest bearing bank account is even more obvious. If you hadn't made the decision to invest in X and left the money safe but not earning interest, would you be better off? You might have lost a bit of purchasing power, but at 2% a year, [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 16:43

Re: Poll: How do you select funds

I can see no logic as to why a "UK Market Fund" should mean "LSE Listed" as the LSE lists many non-UK corporations, so adding a few more that are not UK listed does not strike me as inconsistent. Calling a fund that invests [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 15:42

Re: Poll: How do you select funds

Measure performance: of course. Obsess over benchmarks and comparators: no. But if you're not interested in hearing that feedback, that's up to you!

All measurement is relative to something. Benchmarks are the obvious reference [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 14:39

Re: Poll: How do you select funds

Personally, I'd recommend less preoccupation with benchmarks and comparative performance measures and greater focus on sound and durable processes that make money - that's what investors are generally after, I believe, and what should attract [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 12:18

Re: Poll: How do you select funds

Instead of forcing the other fella to adopt your rules, how about you loosening yours and gaining the same "unfair advantage"? Investors tend to be pragmatic, not a bunch of dogmatic box ticking types, particularly if this pragmatism [more]

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Boards Stats & Trivia

Big gold star, 5000 posts Top Favorite Fools
Board Posts 8133
Recs Received 12167
People who have rec'd these posts 2298
Recs to Posts Ratio (last 30 days) 6.00
Threads Started 1061
Threads Started Percentage 13.05 %
Most Frequent Board Investment Trusts & Unit Trusts
Very First Post Re: Bridge - Daily Fool 28 Apr (28/04/1999)
Percentage of Posts Rec'd 40.30 %
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