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December 21, 2021
Dutch Spotted – 13 aged ewes, £1841.54; six shearling gimmers, £3202.50; four recipients, £931.87. Blue Texels – 12 aged rams, £1929.38; 17…
December 11, 2021
Beltex from Messrs Hall, Horsley Hill, landed both the champion and the reserve honours at Harrison and Hetheringtons Christmas show and sale of…
December 14, 2020
There is a theory, nay a misconception, that the equity markets are a reliable arbiter of value. A perfect flow of information is required for this thesis to hold. That stock exchanges harbour all manner of surprises demonstrates this isnt the case. Imperfection creates valuation anomalies beloved by Messrs Graham and Buffett and their disciples. It also allows lay investors with a decent grasp of the analytical fundamentals to uncover hidden nuggets overlooked by smarter people with greater re...