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While monitoring the 100 or so stocks on our watchlist this week we noticed something interesting. If you categorise the companies by their business characteristics into the five buckets shown below (adapted from legendary investor Peter Lynch), the high growth companies (‘fast growers’) are trading on forward multiples 4-5x higher than the market. Clearly the … Continued
Recent bouts of market volatility have confirmed prolonged uncertainty in the economic environment until the COVID-19 pandemic is under control. Adding to the economic uncertainty investors must grapple with is a huge increase in the number of retail investors entering the equities market. Retail traders According to Bloomberg Intelligence, retail traders accounted for only 10.1% … Continued
