|
Written by Ben
|
|
An introduction to why I think most modern forms of prediction are a lot less useful and reliable than we think they are. Scott disagrees strongly so expect a response shortly.
|
|
Read more...
|
|
|
Written by Portfolio Updates
|
|
Update: 14th May 2008
As I Write this QTI is trading at 1.27 pence per share. Those of you who are mathematically inclined will notice this is significantly below what we paid for them. A disaster you ask? I would say not. Whilst the price has gone down, the reasons we purchased the share all hold good. The decline seems to correlate heavily with the release of a further £1 million of shares to institutional investments. Whilst this shows QTI is short of money, we already knew this and the fact the institutional investors were prepared to buy them at all shows they have some belief QTI may succeed.
If the above mentioned deal with Halma materialises then the price is likely to increase dramatically. In my opinion declines are probabely due to people who bought the stock with the expectation that it would continue to go up as it did in late 2007 and are now getting out because this hasn't happened. This was not why we bought the share and so we have no reason to get out.
On this basis, subject to some analysis of Halmas finances given the current market conditions, I will, at the next MYM meeting, be proposing that QTI is currently looking attractively cheap and we should increase our holding of it by approximately 2/3's.
|
|
|
Written by Ben
|
The Money? What Money Investment group made its second purchase today: Autonomy Corporation at a price per share of 1,004.332 pence.
AUT provide search solutions, generally for large enterprises under the tag line "the other 80%". The basis of this is that 80% of information in any given institution is either not properly catalogued due to format (like the contents of audio video files as opposed to their meta data) or due to context. Context refers to things like emails and the like where a simple keyword search will tend to throw up incorrect results and miss out important ones. AUT's software is supposed to be able to use algorithms developed at Cambridge university to extract "meaning" from such data and relate it to search terms in a way a keyword search would not.
|
|
|
Written by Nick
|
|
We are now approaching our first full week with an investment, and I think this calls for a celebration. What?! I hear you cry. After last week - one of the worst weeks for the world economy and certainly for the LSE in a very long time, most city bankers have been left crying into their caviar. But for the three of us we have several things to be thankful for. |
|
Read more...
|
|
|
Written by Scott
|
|
Money as a currency is the biggest con of all, the exchange of a gold/silver/copper/miscellaneous coin will guarantee something which is deemed to be of equal worth to said coin – a coin which cannot be eaten, worn, sheltered under or grown. This thought triggered a Eureka moment, someplace, somewhere, a clever little man realised that money was dream and the only thing which made money money was in fact the general agreement amongst the people that it was money. Introducing the pound note – it agrees to give the bearer 1 pounds worth of gold on presentation to the bank. An agreement which the bank agree to uphold provided no one asks them to. |
|
Read more...
|
|
|
<< Start < Prev 1 2 3 4 5 Next > End >>
|
| Results 16 - 20 of 24 |
