Woodford anyone?
Discussion
I’d say that in times like these of record breaking index levels he’s exactly the sort of manager to choose. A stock picker rather than an index follower.
Value investors play for the long game. They buy out of favour undervalued stocks. Some may go bad but when they go well they can generate large returns.
I have a holding and have no intention of selling. Stock market investments are for the longer term and Woodford funds are certainly not for the short term.
Value investors play for the long game. They buy out of favour undervalued stocks. Some may go bad but when they go well they can generate large returns.
I have a holding and have no intention of selling. Stock market investments are for the longer term and Woodford funds are certainly not for the short term.
There's quite a few big FTSE dividend payers in top 10 holdings per HL - Imperial Brands, Astrazeneca, Legal & Gen and Lloyds & Provident Financial (down 72% in last year) plus Purplebricks & Barratts. Quite a high % of fund in pharma and biotech. Biotech has done much for last couple of years and the performance for 2016 was that great and was flat last year due to a few problems with Provident Financial & a few pharma companies. Is an equity income fund. Did hold some until this time last year but sold and went into better performers from 2016.
trickywoo said:
I cashed out of Woodford a few months ago as I just couldn’t see it as any kind of answer to a downturn. If there was no upside when nearly everything else was doing well what was the point of hanging on as a downturn would only make things worse.
If you'd been invested with him at the time of the tech crash, when he had been criticised for not buying overpriced tat and held his nerve, you might take a different view.Although looking at some of his investments and how they have performed I am beginning to wonder whether he hasn't lost his touch.
trickywoo said:
I cashed out of Woodford a few months ago as I just couldn’t see it as any kind of answer to a downturn. If there was no upside when nearly everything else was doing well what was the point of hanging on as a downturn would only make things worse.
Buying 'other equities' is never an answer to an equity market downturn.Patch1875 said:
BoRED S2upid said:
Currently at 117 launch was 100 it’s only ever been up to 130 hasn’t it? I cashed out in the 120’s so haven’t been following too closely.
104.63 on HL I’m actually at a tiny loss as I topped up a bit after launch.BoRED S2upid said:
Patch1875 said:
BoRED S2upid said:
Currently at 117 launch was 100 it’s only ever been up to 130 hasn’t it? I cashed out in the 120’s so haven’t been following too closely.
104.63 on HL I’m actually at a tiny loss as I topped up a bit after launch.With the constant concern over what may or may not happen at the end of this month I may just get out.
85Carrera said:
If you'd been invested with him at the time of the tech crash, when he had been criticised for not buying overpriced tat and held his nerve, you might take a different view.
Although looking at some of his investments and how they have performed I am beginning to wonder whether he hasn't lost his touch.
His support for Tinkler in the Stobart dispute meant he lost all credibility in my eyes.Although looking at some of his investments and how they have performed I am beginning to wonder whether he hasn't lost his touch.
His portfolio balance is not where he wants it to be.
The funds have seen large outgoings as investors have taken their money elsewhere. In order to raise the funds to pay these leavers he has had to sell large chunks of the initial positions he took in big stocks. He is now left with a lot of smaller companies which has unbalanced the portfolio.
Anyone who bought into Woodford within a year or so of launch should now take a good luck at the companies where it is now invested - the portfolio has a very different shape now. To his credit at least he is fully transparent with his holdings.
The funds have seen large outgoings as investors have taken their money elsewhere. In order to raise the funds to pay these leavers he has had to sell large chunks of the initial positions he took in big stocks. He is now left with a lot of smaller companies which has unbalanced the portfolio.
Anyone who bought into Woodford within a year or so of launch should now take a good luck at the companies where it is now invested - the portfolio has a very different shape now. To his credit at least he is fully transparent with his holdings.
Derek Chevalier said:
PhilboSE said:
The funds have seen large outgoings as investors have taken their money elsewhere.
Investors buying high and selling low. Whatever next? 
PhilboSE said:
Derek Chevalier said:
PhilboSE said:
The funds have seen large outgoings as investors have taken their money elsewhere.
Investors buying high and selling low. Whatever next? Gassing Station | Finance | Top of Page | What's New | My Stuff