Have to love the NZX. Summerset posts a good result and RYM and MET increase more that SUM.
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Have to love the NZX. Summerset posts a good result and RYM and MET increase more that SUM.
The chapter on Bob the sports bettor 'Less and Less and Less Wrong' is the best chapter in the The Signal and the Noise. That is all about 'value' investing
The whole book is a good read and quite interesting but would say it does not live up to explainimg its title.
But good on Nate on cashing in on picking every state in the last elections..... he was only slightly better than most ..... but he got the publicity and has made zillions from his book since
Best 'value investing' book I have read is Michael Lewis's MONEYBALL ..... read it in the context of value investing and you get the gist of what buying value is. The Oakland A's my favourite baseball team. The film was rat****e
Based on yesterdays announcement
http://www.stuff.co.nz/business/indu...still-on-track
Meanwhile...........
Macquaries have reviewed SUM's latest sales numbers and have a 12 month price target of $3.90 and a valuation of $3.99.