David Thomas

A Book Covering the Basics investmentanalysis101.substack.com/p/a-book-cover…

@fundhunter_co It's odd. It's not exactly a discount control policy is it?

Scottish Mortgage $SMT Investment Trust calling itself an “investment opportunity.” Is this normal? 1/n

@john_mcguirk @sarahcatryan Interesting podcast. Re canvassers, best tactic with people you don't agree with is to be very polite and keep them on your door for as long as you can

This week's podcast with @sarahcatryan: Killer cat ladies, double standards on violence against politicians, burning protestors, and why it's pointless being a paying member of FF. youtube.com/watch?v=jlEDbk…

@BornInvestor People just need to be conscious of tax implications re interest. I use IBKR myself but will look further at T212

I see from 15 February Trading 212 will facilitate portfolio transfers - are they now the cheapest/best option for investors?

"every euro in the till means the lights stay on" - lots of families need every euro they have. Local businesses like this are not entitled to people's money, especially when they charge over the odds. m.independent.ie/business/irish…

Anti-social scumbags have had the run of the country for a long time now. Anti social behaviour has long been tolerated - just try walking around certain parts of Dublin. This tolerance leads to events like last night

@trusts4u_uk @annabelbrodies A number of DCPs have seemingly struggled in recent times, they cannot be relied upon. I agree though, that info would be useful

@annabelbrodies It would be useful to be able to identify, via the AIC website, which trusts have a DCP and their discount tolerance, and which trusts pay a divi as a % of NAV. This would help investors appreciate discount risk.

@fundhunter_co I use interactive brokers

Best mainstream investment platforms for regular investment? - Interactive Investor seems to have no fees for regular investment. HL has no fees for open-end fund buying or selling. AJ Bell seems to charge £1.50. If you are investing up to £100 a month HL and II seem best. 1/n

@fundhunter_co It's reality though, my commute is a tad longer. It's not the worst, get a lot of reading done on the train

Misconstruing a video for clickbait - She is not complaining about the 9-5. She is complaining about commuting 1 1/2 hr to work and 1 1/4 hr back. So almost 3 hours a day commuting and the time/energy this takes away. Also about not being able to live close to work due to costs.

@fundhunter_co I remember the main worry about Smithson was what would happen when it's too successful and too big and can no longer invest meaningfully in the type of companies it was set up to invest in

Smithson $SSON & Domino's Pizza Group $DOM - That feeling when you exit a position after holding for years and it then issues great results and the shares jump. "We exited our position after becoming dissatisfied with frequent management turnover and disappointing results."

@fundhunter_co @MBroomSmith @lhamtil There's an interesting ESG argument around the benefits and environmental impact of growing tobacco, vs growing for things like palm oil

@MBroomSmith @lhamtil Not a fan of tobacco myself. Fundsmith and MS Global Brands own tobacco (Phillip Morris) while Lindsell Train doesn't. But it is interesting to see the impact of ESG investing on valuations. Tobacco is not ESG although some consider Phillip Morris to be helping things.🤔

BAT might as well take itself private at this point

@fundhunter_co Looks like many abandoned when buybacks were cancelled - but with a longer view, doing this to help lower their debt, the servicing of which is getting more expensive, seems very prudent

@DavidThomasIA Commented on it a while back. No real fundamental insight but an observation about the circa 10% dividend yield and the low valuation. Presumably, a lot has to go wrong for investors to fail to make a return? They need to lower their debt and then will buy back shares.

British American Tobacco has generated much comment - seems decent value but there are of course moral questions like other sin stocks.

Capital Gearing Trust has been disappointing

The "ambiance" problem is the massive amount of antisocial behaviour, drug taking and the like that one is called confronted with in many places in the city. irishtimes.com/opinion/2023/0…

With a bit of luck new protocol deal will finally close the chapter on incessant Brexit chatter. On another point, I note that the FTSE has crashed and Britain slid into the sea never to be seen again as a result of that calamitous decision.

@fatima_gunning Probably shouldn't have mentioned that you're a singleton... Best block the aul DMs 😂

If I wanted to prove how many people comment on articles without reading them I really succeeded here 🤣

@PracKapital @LeftismForU Under socialism, I dare say the consequences of refusing to work would be altogether more severe...

"It's sick and twisted that I have to work to survive for basic necessities... What if I don't want to achieve sh*t? I still have to work till the day I die just to live?... Universal healthcare, universal basic income it needs to happen now... For the 1% it'll never be enough."

@justcalum123 @StuSibley I think there is a difference in that regard with the Ireland domiciled ETF versions

@DavidThomasIA @StuSibley Look into the different country weightings though. Huge bias for the UK compared to the size of it's actual % of the world market.

Vanguard LiveStrategy still the simplest one stop "buy and forget" fund/etf?

@StuSibley There are LiveStrategy funds with different allocations to equities and bonds... 80/20, 60/40 etc

@DavidThomasIA Still 100% equity, so still not for me. But would certainly be a potential plan in later retirement when I can't be bothered to mess about.