Few things strike more fear into the hearts of investors than waking up to an unexpected “Market Update and Outlook” on a key holding in the portfolio. While it sometimes brings good news, more often than not, a big fall in share price follows. Situations like this can create panic,... Show More
Selling is a big blind spot for investors. For every thousand articles about when to buy a company, we’re lucky to find one about when to sell. Yet selling has a huge impact on our long-term performance. And the evidence is clear: most people are no good at it. But... Show More
You make an investment, and it goes well for a while, but then it gets shaky. So you have to make a judgment call: Has the story changed, in which case you sell; or has the story stayed the same, in which case you hold, or buy more to exploit... Show More
Over the last month the HAM Small Companies Value Fund is up around 15% at this point. (Patience rewards value investors) It poses the very tricky question of selling stock. Show More
"Ride your winners and cut your losses:", they say. But does it work? In my wire earlier this week, I talked about not selling RNY Property Trust after it had tripled, only to see if fall all the way back to the starting price. It is clearly not a fool-proof... Show More
Everyone has an opinion on stocks; hardly a week can go by without a story in the news about the next Uber (or Amazon, Facebook, Seek…). If investors don't do their own analysis, they’re sure to get sucked into a trap sooner or later. There’s more to developing an investment... Show More
Kimball Brooker of First Eagle Investment Management in New York says “There are two main reasons to sell. First, if your investment thesis is inaccurate or you own something that wasn't what you thought it was. Second, the sell decision can be linked to intrinsic value. Once a stock price... Show More
A lack of fresh capital, stretched valuations, potential poor overseas leads - investors should never take things for granted. The well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets is starting to make chatter around the traps. There... Show More
Value investors spend most of their lives trying to capitalise on the irrational behaviour of others. Be it short-termism, fear of missing out or greed driving the market, they are all emotions the value investor is usually less susceptible to. But we come with our own set of psychological shortcomings, the... Show More