Tom Winnifrith: The Top short sellers, bears and fraudbusters all together on April 1 - don't miss out
Published 5 days ago
I hope this does not sound conceited but I think this is possibly my best bearcast for some time. I really enjoyed this from start to finish. Maybe I shall not go into retirement just yet, after all. Or maybe I still will. Anyhow, on the agenda: Redcentric (RCN), MX Capital (MXCP), the FCA, Mkango Resources (MKA), Independent Resources (IRG), arrogant dickhead fund managers and the UK Investor Show.
Published 89 days ago
City slicker Mark Lyttleton of BlackRock is behind bars this Christmas. But not for long enough. How he sinned tells us how bent the whole City is and the joke sentence shows that white collar crime really does pay. This podcast is recorded in Shipston with my father listening. As a stern lefty he would imprison all fund managers not just the crooked ones,
Published 229 days ago
Fastjet has this afternoon announced the result of its general meeting and capital raising. Not surprisingly, given the support of the institutions involved, all resolutions were passed.
Published 247 days ago
The remarkable placing document which has finally been released says more about Fastjet’s (FJET) hapless shareholders than it does about the company itself.
Published 346 days ago
The Morons who have ignored my advice to sell Gulf Keystone (GKP) all the way down from 180p to 6.6p today have occassionally argued that I cannot be right because fund managers are long and strong and they know more than a pizza delivery boy/alcoholic etc etc etc. Today M&G has sold its 5% stake and now owns no shares at all.
Published 482 days ago
If you missed Gold & Bears you missed a fun day out. I will think more about it and what comes next over the next few days. What I am certinly going to ensure is that UkInvestorShow on April 30 is a blow out event. After that we will see what happens next but book your seats now HERE. The key themes for me ae that I am increasngly drawn to mining stocks ( and I name 2), the new attitude to bears and takeaways from my tech session and other key shorts. And why fund managers are far from certain to beat you and I in the markets. Thank you for all the kind emails and tweets from those who attended.
Published 890 days ago
Well what a week and if you are a Rolls Royce (RR/) shareholder what an end to the week…but more on the perils of owning one of the favoured holdings of institutional professional fund managers in a minute.
Published 890 days ago
You could describe what has happened to the market as a massacre over the past two days. It’s even making ‘conventional’ news now, and new ‘experts’ are being found to pass comment on it. The truth is... most of these experts don’t have a clue really. Interestingly today the Telegraph is doing a review of highly paid fund managers who at the beginning of the year were predicting the FTSE would be at 8,000 by the year end...
Published 970 days ago
The Real Man year-end is just five weeks away. We are a private company and so it makes not a blind bit of difference to us. Sure we have to fill in a few forms which we will do. But does it impact on our behaviour? Not in the slightest. How different life is at a PLC where what is termed "window dressing" takes place. What odd things it makes folks do.