By Chris Bailey of Financial Orbit | Sunday 20 September 2020
Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
I believe it was Frank Zappa who once observed that ‘there is more stupidity than hydrogen in the universe, and it has a longer shelf life’. I seem to talk about stupidity a lot in my writings on various investments (mostly at a specific company level but – naturally – occasionally my own). Today, however, it is the turn of hydrogen. Like the complete investment geek sad-o that I am, I spent part of this weekend listening to Friday’s seminar by the FTSE 100’s Johnson Matthey (JMAT), a company I last loved up here , noting that their vision of ‘growth opportunities for our science-led strategy’ is a philosophy and profile that I can sign up for.
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