Dividend Stripping: Is it worth playing the ex-div calendar?

Today, on the subject of dividend strategies, we’re going to look at the idea of “arbitraging the dividend calendar”. As we’ve discussed elsewhere, a stock is typically valued on the basis of its future cashflows which, in turn, gives rise to an expect…

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Stop losses – how and why you should cut your losses quickly

In the late 1950s a Hungarian dancer called Nicolas Darvas spent 18 months making more than $2 million in the stockmarket. In less than a decade he’d gone from knowing nothing about investing to refining a trading style that stunned America’s financial…

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Warren Buffett, Novy-Marx and the Metaphysics of Quality

Readers of the Seventies hippie bestseller, “Zen and the Art of Motorcycle Maintenance” may remember long, interminable digressions into the nature of “Quality”. For those that haven’t read it, the book describes the author’s journey with his son by mo…

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Trading the golden cross – does it really work?

Opinions are divided on its merits of technical analysis (TA) but, for many investors, TA of share price movements is a vital tool in deciding when to buy and sell stocks. Amongst the best known indicators used by the technicians is the Golden Cross. D…

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Benjamin Graham’s Last Will: 10 Useful Rules for Stock Selection

We’ve discussed in the past some of the more familiar value/bargain screening criteria that can be derived from Benjamin Graham’s earlier work, e.g the NCAV and Enterprising Investor Screens.

What may be less known to you, though, is some quantitat…

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Montier’s C-Score: Are your favourite stocks cooking the books?

Analyst, economist and behavioural scientist James Montier is the architect of a three-pronged approach to shorting stocks that he called the ‘Unholy Trinity’. But he’s also behind a useful accounting test that he developed in the context of shorting c…

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Relative Strength: How Does Momentum Investing Work?

In Brief
An investing strategy of buying prior winning stocks and selling short prior losers based on the empirical observation that Investments exhibit persistence in their relative performance. As George Chestnutt wrote back in 1965: “Which is the be…

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Tracking the 52 Week High: Does Trend Following Work for Stocks?

In Brief 
An investing screen based on buying stocks that are close to their 52 week high (and/or selling stocks that are close to their 52 week lows), particularly in industries whose stock prices are close to their 52 week highs (or lows).  Similar t…

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Walter Schloss Investing Screen: Scrutinising the list of New Lows

In Brief A value investing screen in the Graham school based on Schloss’s focus on stocks that are hitting new lows and those trading at a price lower than their book value per share. Background Walter J. Schloss studied under Ben Graham in 1935 and th…

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Small Cap Value Report (Thu 14 Mar 2019) – RBG, DEB, IPEL, DFS, SDRY

Good evening/morning, it’s Paul here.

Revolution Bars
Here are my overdue notes from a recent meeting with management of Revolution Bars (LON:RBG) (in which I hold a long position). The meeting covered the points in the recent interim statement, with…

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Small Cap Value Report (Thu 14 Mar 2019) – RBG, DEB, IPEL, DFS, SDRY

Good evening/morning, it’s Paul here.

Revolution Bars
Here are my overdue notes from a recent meeting with management of Revolution Bars (LON:RBG) (in which I hold a long position). The meeting covered the points in the recent interim statement, with…

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Tui helps FTSE to lift off after no-deal vote

The FTSE 100 rose today after the decision by parliament to reject a no-deal Brexit. The index gained 38 points, or 0.5 per cent, at 7,196 this morning, …

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