MunroMan

Robert Davies

MunroMan’s Activity

Sat Aug 30

NL

Boards Post

MunroMan replied to the High Yield - HYP Practical board. 21:15

Re: Tesco Trading Statement

Investors should be aware of the difference between a company making billions of pounds a year in profits and the interests of a new CEO whose main priority is establish a nice low base for the share price and market expectations when he starts work [more]

Sat Aug 23

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 21:59

Re: Substitute for Personal Assets

and their proud boast is that in times when the market falls they consistently lose less than the market as a whole and this is where they 'gain' against the index. That strikes me as being

That makes sense to me. Essentially, it is [more]

Fri Aug 22

NL

Boards Post

MunroMan replied to the Bert's Investor Sanctuary board. 02:15

Re: All dividends reinvested

Very many posters argued that political intervening was a very bad thing and that everything should be allowed to stand or fall in a Darwinian scenario where only the fittest would survive.

I did, and I believe they were right. If RBS [more]

NL

Boards Post

MunroMan replied to the Bert's Investor Sanctuary board. 16:21

Re: All dividends reinvested

I admire that thinking, the idea of making a fortune by bringing down the West's monetary system but I daresay I'm in a minority.

Thankfully it seems you are. There cannot be many people who would wish the financial meltdown [more]

NL

Boards Post

MunroMan posted to the Investment Strategies board. 10:39

What Smart Beta means to RAFI

[more]

Thu Aug 21

NL

Boards Post

MunroMan replied to the High Yield - HYP Practical board. 15:06

Re: BHP Billiton (BLT) Announcement

All I want is a cheap off-market way out of Newco, unless it is as to be as British as BLT

And if it did would you hold a weight in it equal to that of continuing Billiton? Doesn't that demonstrate the flaw of equal [more]

Wed Aug 20

NL

Boards Post

MunroMan replied to the High Yield - HYP Practical board. 14:07

Re: BHP Billiton (BLT) Announcement

BLT must have a fair number of UK investors and it is hard to see why a London listing will not be sought for NewCo, given that BLT is already listed here.

Well said. It will also reduce the dividend income into the UK market, [more]

Tue Aug 19

NL

Boards Post

MunroMan replied to the Investment Strategies board. 08:53

Re: Vanguard FTSE UK Equity Income Index

Leaving costs aside this is an interesting real time experiment on basing a portfolio on yield or on dividends.

What intrigues me is the marked difference between the five year QE enhanced returns and those of the last 6 months.

Rob

Mon Aug 18

NL

Boards Post

MunroMan replied to the Investment Strategies board. 22:27

Re: Vanguard FTSE UK Equity Income Index

Vanguard UK Equity Income fund, 0.25% OCF, returned 85.6% over 5 years:

That ignores the 0.5% dilution levy and the fact for everyone investing less than £100k they have to use a platform and thus incur additional charges of [more]

NL

Boards Post

MunroMan replied to the Investment Strategies board. 07:11

Re: Vanguard FTSE UK Equity Income Index

Competitors offer 4.7% paid quarterly.

Rob

Sun Aug 17

NL

Boards Post

MunroMan replied to the Bert's Investor Sanctuary board. 05:27

Re: All dividends reinvested

So all the investment banks, hedge funds etc recruit traders based on whether they have luck and pay their folk very well because they are lucky?

Pretty much. That is what history demonstrates. The last analysis I saw from the [more]

Sat Aug 16

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 22:19

Re: RIT Capital Ptnrs Half Yearly Results

perhaps the better managers are worth paying for?

Not over five years according to the graphs on Hargreaves Lansdown.

Rob

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 19:41

Re: RIT Capital Ptnrs Half Yearly Results

Pointing out that the £11.4m cost of running the fund is equivalent to half the dividend, and does not sem to have added much value, seems therefore to less relevant than the background of someone making the observation.

Rob (who has [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 13:21

Re: RIT Capital Ptnrs Half Yearly Results

I find it disappointing to discuss subjects with anyone whose thinking is coloured by a vested and undeclared interest.

That is irrelevant to the argument.

Rob

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 13:06

Re: RIT Capital Ptnrs Half Yearly Results

but it's akin to asking a BMW salesman whether one should buy an Audi or a BMW.

No, it is more like asking a car salesman if the customer should take the train.

There is an argument for active fund management but it needs to [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 12:56

Re: RIT Capital Ptnrs Half Yearly Results

Said the mountaineer on reaching the summit, "I didn't put a foot wrong, I should have left the rope in the tent".

That is a good argument, but the analogy breaks down if there is only enough rope to save a quarter of the [more]

Fri Aug 15

NL

Boards Post

MunroMan replied to the Paulypilot's Pub - Macro Topics board. 19:22

Re: The Policy Chamelon

It is not the price of money that is the problem in the UK or many other countries. It is the quantity that is demanded.

Many businesses, and individuals, were so pissed off with the way they were treated by the banks in the crisis that [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 19:13

Re: RIT Capital Ptnrs Half Yearly Results

Clearly you forget that within investing there other factors such as the element of risk, a desire to hold some unquoteds, currencies held etc. Matching everything within RIT to a passive just seems ridiculous to me but if it floats your boat then [more]

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 17:07

Re: RIT Capital Ptnrs Half Yearly Results

There's real intelligence in their commentary.

That is not much compensation for underperforming a UK passive fund over 5 years.

Rob

Thu Aug 14

NL

Boards Post

MunroMan replied to the Investment Trusts & Unit Trusts board. 20:05

Re: IT suggestions for long-term capital gain

The core proposition is that the management team identifies businesses it believes are under-valued by the market, and takes stakes in them. If the prices drop further, they add to the holdings; if they rise beyond fair value, they [more]

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Boards Stats & Trivia

Big gold star, 5000 posts Top Favorite Fools
Board Posts 7388
Recs Received 10207
People who have rec'd these posts 2202
Recs to Posts Ratio (last 30 days) 6.20
Threads Started 976
Threads Started Percentage 13.21 %
Most Frequent Board High Yield - Share Strategies
Very First Post Re: Bridge - Daily Fool 28 Apr (28/04/1999)
Percentage of Posts Rec'd 37.98 %
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