Analysing one annual report at a time
Happiness! Another year passes and with it comes the opportunity to read one more of Warren Buffett's Letters to Shareholders. On Saturday, Berkshire Hathaway published its 2017 Annual Report, and I was excited to read it. For more information about the company, I have written about Berkshire Hathaway several times: Berkshire Hathaway 2016 Annual Report Berkshire Hathaway Valuation Berkshire …
This Monday, January 26, Dixons Carphone paid an interim dividend of 3.5p per share. Since I own 400 shares, I received £14 in my ISA (3.5p * 400 = 1,400p = £14). In 2017 the company paid an interim dividend of 3.5p in January and a preliminary dividend of 7.75p in September, for a total dividend of …
On January 5 FRAN dropped more than 20%, finishing the day at $5.95. It had closed at $7.50 the day before (exactly the price when I first invested about three months ago). The above was caused by a new update on 2017 Q4 guidance based on holiday results, where the company stated that it now expects sales …
A return of 7.26% in the last quarter of 2017 is great! But what was my return for the whole year? Using XIRR to calculate my compounded annual growth rate gets me 13.17% (this would have been my return if I had invested for the full year). But I opened my ISA only on April 19, 2017, making it …
I started this quarter with £2,360.68 in my ISA, having only invested in Provident Financial and being about 75% in cash. I put in £150 more (bringing my total contributions to date to £2,500) and ended the quarter with £2,687.30, a £187.30 profit from my investments. Using XIRR, as in my last performance article, I get a CAGR (Compound …
"By far the best book on investing ever written." - Warren Buffett After Benjamin Graham published 'Security Analysis', a very big, technical and advanced textbook, he decided to write a layman's version that would be more accessible to average investors. The first edition of 'The Intelligent Investor' was published in 1949 (15 years after the first edition …
I'm sitting at my desk feeling sore after finishing another BJJ class and doing some cardio, and I'm staring at four medals (three silver and one gold) that I won competing in three tournaments in three consecutive weekends. At this time I realise it's been over six weeks since I wrote an article for this blog, and there have been some very …
