Thursday, July 10, 2014

Dogs versus Darlings 4 months later

A follow up on this amusing exercise.

As at midday 11 July 2014, the Dogs are down on average 7.8%, and the Darlings are down on average 19%. The Dogs are still outperforming the Darlings by nearly 11%. This does not include the effect of dividends.

Diehard aficionados may also like to track FLN, probably one of the most expensive shares you can buy on the ASX at this time. Please do remember that shares are not Veblen goods.

Hummingbird Value's Investment Strategy

Another great read here.

The strategy outlined by Paul Sonkin is very similar to the strategy currently employed at Castlereagh Equity, from philosophy, stock selection, buying and selling, to portfolio management.