Pain Killers

I wish there are more blogs with articles such as this.

Disclosure: I own shares in MVP.

Disclaimer: the content of this post is not to be relied on as financial advice.  It contains my personal opinion only, plus facts that I cannot verify to be accurate.  Do your own research and seek financial advice where appropriate. I have made many mistakes in the past, and will continue to do so in the future.

One Legged Discipline

This link explains the importance of adhering to discipline in your investing process, rather than focussing on desired outcomes.

Reminded me of a humorous line from a science fiction book I cannot now remember:

"As I walk through the valley of the shadow of death, I shall feel no fear, because I am the baddest motherfucker in the whole valley."

Getting Dumber Every Day

What happens when the one-legged investor meets Dumb and Dumber?

Voila!

This presentation is very useful as it provides a template for my analysis. If I can get my thoughts in some decent semblance of order, I will attempt a post of past investment experiences based on the framework set out by Zeke Ashton in his excellent presentation found in the link above.

I leave you, dear readers, with the following proposition: "stock selection is a misnomer, the investing process in the main largely involves stock elimination."

UOS- keeps getting better

Mr Market is quite generous with this one.

Consider this:

1. Property developer with minimal debt;

2. Growing at 20% plus per year for the past decade;

3. Flushed with cash;

4. Rental earning properties in prime areas;

5. Huge runway;

6. Asian market exposure;

7. Buying back shares in chunks;

8. Priced at nearly half NTA;

9. MOS increasing with every decrease in AUD;

10. Steady stream of dividends;

11. Management with demonstrated capability and integrity;

12. 191% rise in NPAT in first quarter alone for major subsidiary.

In effect, a value play with free growth upside. 

Disclosure: I own shares in UOS.

Disclaimer: the content of this post is not to be relied on as financial advice.  It contains my personal opinion only, plus facts that I cannot verify to be accurate.  Do your own research and seek financial advice where appropriate. I have made many mistakes in the past, and will continue to do so in the future.