MunroMan

Robert Davies

MunroMan’s Activity

Today

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 2 hours ago

Re: Doris Here!!

It would be tidier to hand on to others. My inclination would be to stick with the B8,

Why wrap the same assets 8 different ways? The income comes from equities, simply hold as many as possible as cheaply as possible in one vehicle [more]

Sat Oct 18

NL

Boards Post

MunroMan posted to the Investment Strategies board. 21:28

Canaries in a mine full of gas


The other signal which we find concerning is the ranking of Small Caps in all the main equity regions. In response to client requests we have just changed all our regional models to include Small Caps as the eleventh sector. (Previously we
[more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 13:35

Re: Doris Here!!

which will need investing in to ITs

Why confine your search to ITs?

Rob

Fri Oct 17

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 18:29

Re: brwm

Is the fact that your fund is weighted in a way that is unique (and is marketed as such) of any importance at all to anyone ?

I would hope so, because it helps them to understand what to expect.

If it is, does that fact [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 15:50

Re: brwm

Just as a point of interest Rob, can you please tell me how many UK funds are weighted by forecast total dividends ?

One. There are about 30 weighted by mkt cap and 4 by some combination of mkt cap,yield and some other fundamental [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 11:46

Re: brwm

Now Raw says "We assume markets are efficient"

That sounds an odd thing for an active manager to say. If she really believed that the fund should be run passively.

Rob

Thu Oct 16

NL

Boards Post

MunroMan replied to the High Yield - HYP Practical board. 13:07

Re: Market timing!

Analysts halved their forecasts for Tesco’s dividend to £495m. However, the strength of the dollar
meant that the overall payment expected from Britain’s 300 largest companies next year increased
1.4% to £87.3 billion. This is the [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 13:03

Re: brwm

This appears to be a 'conviction' sort of fund

An approach that can also be described as an ego fund where the manager thinks he knows more than anyone else.

Rob

Wed Oct 15

NL

Boards Post

MunroMan replied to the Investment Strategies board. 16:50

Re: Dividends are more reliable than accounts

EPS and dividends are both quick fix numbers, accounts are presented with the P & L as the focus so EPS from this is fairly straightforward, dividends are factual and less subjective than EPS but, as already stated, somewhat backward [more]

NL

Boards Post

MunroMan posted to the Investment Trusts & Unit Trusts board. 14:32

Active funds are u/wt large caps

the lack of active funds with a structural overweight to large caps is a problem for fund buyers, since it confines them to buying trackers.

[more]

NL

Boards Post

MunroMan posted to the Investment Strategies board. 10:51

Dividends are more reliable than accounts

To say that the latest profit warning from Tesco came as a shock is an understatement. A 16% fall in the share price that was already 44% down on its high was a clear measure of the surprise contained in this news. More tellingly it is also a [more]

Tue Oct 14

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 18:27

Re: What is happening to Ruffer

in Ruffer Investment Company on the basis that its a wealth Preserver and I'm currently down over 10%...Amazing wealth destroyer more like

Equity investors need to understand that valuations can decline by 30% over a twelve period or [more]

Sun Oct 12

NL

Boards Post

MunroMan replied to the High Yield - Share Strategies board. 00:18

Re: And you are all ok with this?

Interesting point I take it therefore that the whole asset class implies including all the early start ups who are not yet paying dividends if we have to be this nimble

They would be included in a mkt cap tracker. Not many startups [more]

NL

Boards Post

MunroMan replied to the High Yield - Share Strategies board. 19:20

Re: And you are all ok with this?

Firms will come up with bright ideas and lots of money can be made but LTBH for income looks increasingly, to me, yesterdays plan

That is why you need to invest in the asset class, not individual shares. The asset class captures the [more]

Wed Oct 8

NL

Boards Post

MunroMan replied to the High Yield - Share Strategies board. 07:38

Re: redirected from t'other place - FAO wyndrum

You've been unlucky in the particular shares you've bought, but what you're expecting has nothing at all to do with HYP, apart from the fact that the very small number of shares you've happened to choose are often seen as HYP [more]

Tue Oct 7

NL

Boards Post

MunroMan replied to the High Yield - Share Strategies board. 10:12

Re: 'Dow 17000'

But in the equity part of an asset-allocation model, stock selection is important is it not ?

Not really. The recent flood of profit warnings has again demonstrated how little investors really know about what is going on in the [more]

NL

Boards Post

MunroMan replied to the High Yield - Share Strategies board. 07:44

Re: 'Dow 17000'

Personally, I pay very little attention to discussions surrounding the price of the market. Why? Because I'm not buying the market, I'm buying individual shares.

Every investor should be aware of the seminal 1986 paper by Brinson et [more]

Mon Oct 6

NL

Boards Post

MunroMan replied to the High Yield - HYP Practical board. 19:02

Re: This post might not last long...

Rob's point about non-activity fees is a red herring - clutching at straws, I'm afraid. None of my four accounts have such fees, and my total trading charges plus AMC for running the account

I guess the inactivity fee only applies I [more]

NL

Boards Post

MunroMan replied to the High Yield - HYP Practical board. 13:27

Re: This post might not last long...

These are irrelevant for HYP where LTBH will reduce charges to below those for even passive funds.

As I know to my cost the "inactivity" clauses charged by brokers meanse that LTBH is not free. To that needs to be added the [more]

NL

Boards Post

MunroMan replied to the High Yield - HYP Practical board. 10:09

Re: This post might not last long...

HYP is pretty much the antithesis of active investing

No it is not for this reason.

I suspect that your real problem is that you nay have bought the wrong shares

Rob

Show More Activity ...

Boards Stats & Trivia

Big gold star, 5000 posts Top Favorite Fools Top Recommended Fools
Board Posts 7470
Recs Received 10486
People who have rec'd these posts 2221
Recs to Posts Ratio (last 30 days) 15.50
Threads Started 983
Threads Started Percentage 13.16 %
Most Frequent Board High Yield - Share Strategies
Very First Post Re: Bridge - Daily Fool 28 Apr (28/04/1999)
Percentage of Posts Rec'd 38.25 %
Show MunroMan’s 10 Latest Posts