In the first part of this series I talked about the various options for a small time investor to hedge currency. In this second part I will say how I intend to test these against each other and detail the exact transactions I have performed.
A few boring, but important notes on the Investing Sidekick website, especially for RSS followers of the site.
In part 1 of this series I look at the options available to investors for hedging currency risk and how I plan to find out which is best.
It has been another week of no luck finding a suitable investment, but I’ve also been quite busy this week. I’ve been reflecting a bit on just how much time and effort investing takes and whether you are getting good value for the effort put in.
Danieli is trading below its net cash position and on a forward P/E ratio of only 7.9. The management is honest and competent and the company has been profitable for over 10 years. So why don’t I think this is a good investment?
In one of my previous posts I analysed Sino Grandness and said it presented an attractive risk reward opportunity. I fear I misunderestimated the risk and wanted to share what I have been reading since posting the article.
I do a lot of reading and over the last couple of weeks I have read a number of interesting articles with some great investment opportunities and musings which I wanted to share.
Sino Grandness grew profits by 100% last year, a long running trend, yet trades at a P/E ratio of just 6.7. There is of course a catch, but in my opinion the upside here far outweighs the downside. This is a chance to buy a wonderful company at a bargain price.
Outdoor Channel has now gone private and I made over 12% in just a couple of months. This was a great example of an investment with protected downside.