Noosa Waters Share Investing

Still on the theme of "Things that don't waste your time" Steve Johnson of Forager Funds Management is one of the best performing investment managers in recent times. You could do a lot worse than mirroring his portfolio. His take on research is very interesting. He has no problems finding investment opportunities and his research which runs to 45 pages and takes 7 days, is about finding reasons why he should not invest. All great stuff! Link below https://youtu.be/IjS7v7JPyKQ

The following article appeared in MarcusToday last week. I am going to post two more topics on the same, theme of slipstreaming behind the best investment managers. FOLLOW THE BREAD CRUMBS Last week I wrote an article about three (there are ten) things that don't waste an investor's time. One of them was finding out what small and mid-cap Fund Managers are doing. So let’s look at what fund managers  are  doing (or have done). Off the Morningstar website you can search the best performing mid and small cap funds over various periods. 10 funds that turn up as some of the best performers over three and five years that have a 5 star Morningstar rating are listed below with their biggest listed Australian equity holdings. The holdings are listed by size of holding in the fund, biggest holdings first - this is basically about 100 stock picks from successful fund managers - there has to be some value in that: BT Wholesale MicroCap Opportunities  –ISU, RCR, BBN, RWH,...

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We added one bitcoin to our speculative portfolio. I know we discussed adding two but it would have taken us over our maximum investment per "stock". It is coming in for some really bad press at the moment. Are we happy to hold or do you want to cut our losses. We are down AUD$1600 The following article is from MarcusToday 16/9/17

This is from todays MarcusToday Newsletter, which looks interesting, but highly speculative. The shareprice had a small bump today on the strength of the news article. I will probably have a punt on it if the price comes back to between 7 and 8 cents. The re is nothing to analyze in the financial s other than to say it appears to have enough funds to bring the oil field into production. Byron Energy (BYE) One of the benefits of working in the finance industry is that you get invited to company roadshows. Sure, you can look at them online and analyse the slides but nothing beats the opportunity to chat with a company executive. Usually the reason they are out and about is that they are rattling the tin for more money to develop a company making project. They tend to do this once or twice a year usually to pay executive salaries and expenses for the next roadshow. Lifestyle companies really. Not your lifestyle though it’s theirs. So yesterday I went along to a presentation from By...