MorningStar classification
This is the basic classification that Morningstar propose depending on the economic sensitivity. This is important for my buy and hold portfolio.
finance
Fundsmith annual shareholder meeting
This video: https://www.youtube.com/watch?v=d3cRr318ve4, is the annual shareholder meeting of Fundsmith. Apart of presenting the results of the year, they review a set of economic fundamentals and behaviors that are communicated in a very didactic way. Basic strategy principles The investment strategy has three pillars that are summed up by the acronym ODD: Only invest in … Read more
Jodi Oil
I found this web that publishes different data related to the oil production and their derivates. https://www.jodidata.org/oil/ You can download the data and prepare more detailed reports, or you can use the graph chart available to draw simple charts.
Utilities Spain (BPS)
This is the Benefit per stock from 2007 till 2017 of the main utilities companies from Spain. This reinforces my bet on Red Electrica and Enagas.
Licenses, what you purchase vs what you use
You go through a procurement process and you buy licenses for the whole corporation to enable it to use the services/products linked to it. After a while you figure out how much of these licenses you are using in reality: How many people is really using it? How many new joiners are accessing to it? … Read more
Stock decisions I did not take
This is a list of events and potential actions I didn’t take, and that I want to remember: Event: Trump won the USA election Action not taken: Buy Goldman Sachs stock. Result in 3 months: stock from 185$ to 250$. Chemours splitted from DuPont, Nelson Petz after Kraft split he invested in Mondelez. Action not … Read more
CAPE or Shiller Ratio
I learned about the Cyclically Adjusted PE Ratio (CAPE Ratio) or Shriller ratio, and I found that in September 2016 this was 26,57. Looking into more data, I found this chart with data since 1880:
Effort to earn 7,5% is tough right now
This graph is very indicative about the huge efforts to perform earnings on financial services right now. They seemed to be easy in 1995, but in 2005 the effort and the risk exposure is so huge. It’s easy to understand why GE sold GE Money, and other major transformations that are happening. How is it … Read more
Finance and portfolio management
I’m working on a set of accounts and solutions for my company, handling a portfolio at country level. My team is composed by account managers where that handle the day to day relationship with customers, write offers, deliver services with the support of service managers, handle projects directly or with a PM…They do a lot … Read more
Dogs of Dow 2016
Other year trying to understand the values with more return into dividends. AT&T is out due to the fact that is not in Dow Jones anymore, but continuous being the #1.