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2021 - My (hopefully mammoth) sharing thread.
A bit of an experiment for the year ahead, I'm going to use this thread to share my favourites books, podcasts, articles, etc... one for each day of the year!
Not all will be relevant to you, of course, but hopefully, you'll...
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A bit of an experiment for the year ahead, I'm going to use this thread to share my favourites books, podcasts, articles, etc... one for each day of the year!
Not all will be relevant to you, of course, but hopefully, you'll...
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...something of interest as the year plods along! Please feel free to comment, RT, etc.
Equally, if you wish to add suggestions to the thread, please do. I'll be sure to check them out (as I'm sure will others) & I'll feature the best ones as the year goes on.
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Equally, if you wish to add suggestions to the thread, please do. I'll be sure to check them out (as I'm sure will others) & I'll feature the best ones as the year goes on.
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Jan 1:
Book - The Art of Execution (Lee Freeman-Shur)
I did fear this would be a difficult read. This couldn't be further from the truth, in fact, it probably made the biggest impact from an investing perspective in 2020, using a very simple approach.
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Book - The Art of Execution (Lee Freeman-Shur)
I did fear this would be a difficult read. This couldn't be further from the truth, in fact, it probably made the biggest impact from an investing perspective in 2020, using a very simple approach.
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Ultimately, it is about understanding what type of investor you are & taking actions accordingly. Doing nothing is rarely the right action & an acceptance you can be wrong more than half the time yet still "win" were my two simple takeaways. A must-read for every investor.
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As a result of this book, I topped up one long-term investment & sold my oldest holding. I wouldn't have made at least one of those decisions beforehand. More importantly, I now understand the later movements of those stocks do not need to prove this decision right or wrong!
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Jan 2:
Podcast - Investors' Chronicle ( https://www.investorschronicle.co.uk/podcasts/ )
Anyone that knows me well, will know I don't like change. So, I was initially aghast last year when IC started to mix up their podcast format, as I was pretty much listening solely for chats between the...
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Podcast - Investors' Chronicle ( https://www.investorschronicle.co.uk/podcasts/ )
Anyone that knows me well, will know I don't like change. So, I was initially aghast last year when IC started to mix up their podcast format, as I was pretty much listening solely for chats between the...
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...ever-excellent @philjoakley & @JohnHughman.
While I don't think the initial reshuffle worked, it did start to shine a light onto the talent of their young & dynamic team, so I stuck with it.
Then, in a brave move, they mixed it up again, splitting the podcast into...
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While I don't think the initial reshuffle worked, it did start to shine a light onto the talent of their young & dynamic team, so I stuck with it.
Then, in a brave move, they mixed it up again, splitting the podcast into...
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...three areas - expert interviews, themed discussions & (my favourite), the alpha chat.
It's a must-listen & shines a light on a brilliant product & team. You can dip in & out of bits you like, but I try to cover them all, as it helps to keep up with the broader macro...
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It's a must-listen & shines a light on a brilliant product & team. You can dip in & out of bits you like, but I try to cover them all, as it helps to keep up with the broader macro...
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...environment. I've even bought a subscription for IC magazine for 2021, using their Christmas offer. One of only 3 investing products I intend to pay for moving forward (more in a separate thread).
If a 160-year-old publication can learn new tricks, then we have no excuse!
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If a 160-year-old publication can learn new tricks, then we have no excuse!
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Jan 3:
Software - SharePad ( https://www.sharescope.co.uk/sharepad.jsp )
I have been a subscribed to SharePad for less than 12 months but, after struggling with glitches in Vox & the clumsy interface of other free alternatives, I have taken the plunge. It isn't cheap - I pay £30pm & I do...
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Software - SharePad ( https://www.sharescope.co.uk/sharepad.jsp )
I have been a subscribed to SharePad for less than 12 months but, after struggling with glitches in Vox & the clumsy interface of other free alternatives, I have taken the plunge. It isn't cheap - I pay £30pm & I do...
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...admit I consider culling it in my end-of-year expenses review. However, it is too good to give up. Instead, I've committed to spending more time in 2021 getting to knows its powerful features, take advantage of the growing content & justifying my outlay!
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In fact, I have already managed to set-up my p/f for tracking from 2021, something I had not done previously!
If you would like to give it a go, I think the current offer is one month for free... shout & I'll grab you details & my account number for a referral.
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If you would like to give it a go, I think the current offer is one month for free... shout & I'll grab you details & my account number for a referral.
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Jan 4:
Resource - Yoizer ( https://www.yoizer.com )
Today, I’m recommend a really useful & free tool for (mostly) immediate RNS alerts. It isn’t faultless & is dependent on the data provider, but it is a good way to get quick alerts, especially when working.
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Resource - Yoizer ( https://www.yoizer.com )
Today, I’m recommend a really useful & free tool for (mostly) immediate RNS alerts. It isn’t faultless & is dependent on the data provider, but it is a good way to get quick alerts, especially when working.
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Downsides is that it is limited to 15 stocks (which is fine for my purposes) & you need to use Telegram, so don’t get pulled into any of those dodgy P&D groups.
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Jan 5:
Community - Crux Club ( https://www.cruxinvestor.com/ )
I stumbled across a @CruxInvestor interview well over a year ago & it was a refreshing change. Resource company CEOs actually being asked difficult questions. It is a strange sight in the world of paid-promotion!
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Community - Crux Club ( https://www.cruxinvestor.com/ )
I stumbled across a @CruxInvestor interview well over a year ago & it was a refreshing change. Resource company CEOs actually being asked difficult questions. It is a strange sight in the world of paid-promotion!
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I was then lucky enough to join the Crux Club one of the first batch of beta members. What a great experience it has been so far! @CruxInvestor & his team has worked so hard to establish both community & value-added resources. It's aided by learning significant & is good...
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...fun at the same time. Highlights include the member interviews, Rick Rule, @trader_ferg's (a recent addition)... list goes on & on.
My only wish for 2021 is that more UK-listed companies engage on the platform - a big step for both them & their PR teams to bridge though!
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My only wish for 2021 is that more UK-listed companies engage on the platform - a big step for both them & their PR teams to bridge though!
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If you like resource companies, at least subscribe to the @CruxInvestor YouTube channel ( https://www.youtube.com/channel/UCc0h6rwJD4vr_Rtdasuyn-w) & I can assure you that you will pick up some valuable information!
One more wish - normality resumes & we can arrange UK drinks at some stage. Fingers crossed!
One more wish - normality resumes & we can arrange UK drinks at some stage. Fingers crossed!
Jan 6:
YouTube - https://www.youtube.com/c/aliabdaal
A bit of a different one today. Introducing @AliAbdaal - a doctor & productivity guru... lots of helpful tips & tricks, + informative gadget/app reviews (especially for Apple fans).
While I don't watch every but of content, I have...
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YouTube - https://www.youtube.com/c/aliabdaal
A bit of a different one today. Introducing @AliAbdaal - a doctor & productivity guru... lots of helpful tips & tricks, + informative gadget/app reviews (especially for Apple fans).
While I don't watch every but of content, I have...
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...found some great takeaways. I now listen to podcasts at 2x speed (with next to no downside - the brain adapts quickly), meaning I listen to more content!
In addition, I am using @NotionHQ for my investing journal (FYI - two trades, two journal entries for 2021)!
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In addition, I am using @NotionHQ for my investing journal (FYI - two trades, two journal entries for 2021)!
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Jan 7:
Podcast - Twin Petes Investing (latest episode - https://www.conkers3.com/twin-petes-investing-podcast-no-39/)
Where to start? Basically, every fortnight, @conkers3 & @wheeliedealer have a chat for about an hour. It's a fascinating listen - lots of learning, a few controversies (nearly all from one) &...
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Podcast - Twin Petes Investing (latest episode - https://www.conkers3.com/twin-petes-investing-podcast-no-39/)
Where to start? Basically, every fortnight, @conkers3 & @wheeliedealer have a chat for about an hour. It's a fascinating listen - lots of learning, a few controversies (nearly all from one) &...
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...a few things for you to ponder afterwards.
I invest in very different stocks than them both. I don't agree with everything they say. However, I takeaway something pretty much every time. We need to be open to different approaches & these two are more than happy to...
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I invest in very different stocks than them both. I don't agree with everything they say. However, I takeaway something pretty much every time. We need to be open to different approaches & these two are more than happy to...
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...talk about the winners & losers.
I'm interested to see where it goes from here (I think the occasional guest will be a lovely addition), but in the meantime, I'm glad I can listen with one earbud when I need to here the background.
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I'm interested to see where it goes from here (I think the occasional guest will be a lovely addition), but in the meantime, I'm glad I can listen with one earbud when I need to here the background.
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Maybe we should do a poll on which you'd like to listen to if you only had one ear? Maybe not!
Seriously, keep up the good work @conkers3 & @wheeliedealer - I hope you know how much of the community enjoy the effort you put in with the podcast & otherwise.
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Seriously, keep up the good work @conkers3 & @wheeliedealer - I hope you know how much of the community enjoy the effort you put in with the podcast & otherwise.
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Jan 8:
Interview - http://bit.ly/piwAH ( @andrewhollingw)
Kindly hosted by @tamzinpiworld, I simply had to share today. A terrific interview which is the easily most honest assessment (from an investing perspective) of a frankly ridiculous 2020.
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Interview - http://bit.ly/piwAH ( @andrewhollingw)
Kindly hosted by @tamzinpiworld, I simply had to share today. A terrific interview which is the easily most honest assessment (from an investing perspective) of a frankly ridiculous 2020.
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My favourite takeaway was that you had to enjoy what happened in March, but not at the time. I can honesty say that this fits with my retrospective assessment of that period!
Watch as soon as you have a share half-hour. Great stuff!
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Watch as soon as you have a share half-hour. Great stuff!
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Jan 9:
Book - Free Capital (Guy Thomas)
A great read - while the stories alone are well worth reading, my biggest takeaway was that there are MANY different ways to become successful.
If you follow someone on Twitter that is obsessed with sweeping statements about what...
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Book - Free Capital (Guy Thomas)
A great read - while the stories alone are well worth reading, my biggest takeaway was that there are MANY different ways to become successful.
If you follow someone on Twitter that is obsessed with sweeping statements about what...
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...investors do wrong, then they probably aren’t as valuable as you might have thought.
Equally, we’re all of judging others, especially when their methodology strays too far from our own.
A good book to help open the mind.
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Equally, we’re all of judging others, especially when their methodology strays too far from our own.
A good book to help open the mind.
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Jan 10:
Blog - https://traderferg.com/avoiding-the-monkey-trap/ (from @trader_ferg)
A great blog, especially if you are an investor in resources/PMs/O&G/etc. & have positioned yourself for a bull run.
Build an exit plan that suits BEFORE it comes. Don't trust that you'll be able to call the top...
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Blog - https://traderferg.com/avoiding-the-monkey-trap/ (from @trader_ferg)
A great blog, especially if you are an investor in resources/PMs/O&G/etc. & have positioned yourself for a bull run.
Build an exit plan that suits BEFORE it comes. Don't trust that you'll be able to call the top...
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...& be prepared to leave money on the table.
However, also don't rule a market overshooting a "sensible" valuation. Scaling out is essential!
Added bonus points for @trader_ferg's fabulous use of images (example below).
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However, also don't rule a market overshooting a "sensible" valuation. Scaling out is essential!
Added bonus points for @trader_ferg's fabulous use of images (example below).
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