Look at the list of best-performing shares on the Alternative Investment Market (Aim) over the past year, and you'll find more than a few surprises.
Ever since a seminal paper by SF Nicholson in 1960 we've known portfolios of high price/earnings (p/e) 'glamour' shares underperform the market, and low p/e portfolios of 'value' shares outperform.
The Share Sleuth decision engine is a giant spreadsheet that sorts good companies from bad, and overpriced shares from undervalued ones.
Each month Richard Beddard trawls through annual corporate resu
The Nifty Thrifty portfolio has lost money over the last year. The only consolation is that a benchmark investment in an index-tracking fund lost marginally more.
No two companies are alike.
On 26 January, I added 150 Victrex shares to the Share Sleuth portfolio at a price of 1,487.56p.
One feature that may not be apparent from what I allow myself to believe is a polished exterior is that the decision engine is a work in progress.
Seasonal investing is nothing new. Statistics going back 20 years show that share prices do best during the long winter months.