Four charts that make the case for value investing City Talk The more the world changes, the more value investing remains a compelling investment strategy. Here’s why “Plus ça change, plus c’est la même chose”. Or, in English: “The more things change, the more they stay the same”. Nowhere is this more true than in the realm of value investing. Throughout history, humankind has faced profound [...]
Ten insightful books for value investors City Talk Here on the Schroders value team, we’re always looking for an opportunity to gain an investment edge. Books don’t necessarily need to be directly connected to investing in order to help us find new insights. Here, we consider a variety of books that we think can offer useful perspectives to investors. Juan Torres Rodriguez suggests [...]
The one-word secret of the greatest investor you’ve never heard of City Talk Type a phrase such as ‘world’s greatest investors’ into Google and Philip Carret’s name is unlikely to crop up. And yet, as the following chart shows, for sheer longevity of success, he is one of just a handful of investors who can be mentioned in the same breath as Warren Buffett. That is why his [...]
When dividends can be harmful to a company’s health July 26, 2017 Pearson’s self-declared ambition to be seen as “the world’s learning company” came a little more into focus this month as the former FT owner offloaded a 22% stake in Penguin Random House (PRH). The sale – to PRH’s co-owner, German media giant Bertelsmann – alongside a recapitalisation of the business, raised some $1bn (£767m) and [...]
‘Personalised pricing’ could soon make it cheaper to buy your lunch at 3pm July 21, 2017 These days, consumers have generally come to terms with the idea the price they are asked to pay for, say, a train ticket or hotel room can fluctuate – and sometimes quite markedly – depending on when they make the purchase. It would presumably still come as a shock, however, if their local supermarket charged [...]
Why value investors would respect Nelson Mandela but buy Seretse Khama July 10, 2017 This month marks different anniversaries of the births of two of post-colonial Africa’s greatest leaders – Nelson Mandela and Seretse Kharma. Mandela, who was born on 18 July 1918, you will almost inevitably be aware of but perhaps not Kharma, who was born on 1 July 1921. Indeed, if you have heard of him at [...]
The league table of safest cars holds a lesson for investors June 6, 2017 Here’s a quick multiple-choice question: What single quality do you look for most in a new car? A) Top-of-the-range sound-system. B) The ability to accelerate from 0 to 60mph is under five seconds. C) Cup-holders for all passengers. D) The reassurance that you and your passengers have a better than average chance of reaching your [...]
