17
Dec
2017
Seasonal thoughts on Goodwill
Tis the season of goodwill. As it happens I am reading a book on Goodwill – not the goodwill of everyday usage, but accounting and economic Goodwill. Capitalism without Capital by Jonathan Haskel , Stian Westlake I have found Goodwill fascinating ever since I read Buffett’s 1983 essay on Goodwill and balance sheet accounting. It’s a little bit of... Read More
29
Nov
2017
Embracing the unpopular
I am attempting to use machine learning to find i) good companies AND ii) the right time to buy the shares. So rather than analyse lots of different companies’ statements, trying to identify characteristics in the text, I focused on one company. A good company is not always a good investment: Solid States share price... Read More
23
Oct
2017
Words to thank for their positions
Poets, priests and politicians Have words to thank for their positions Words that scream for your submission And no one’s jamming their transmission – The Police. De Do Do Do, De Da Da Da I am continuing to use R to analyse company announcements. After my last blog post, everyone told me that it was... Read More
5
Oct
2017
Difficult opportunities
“True words are not fine sounding Fine sounding words are not true.” – Lao Tzu, Tao T Ching I’ve been a sceptical for a while about how anyone might make money from using technology to analyse sentiment. The hedge fund set up in late 2010 to implement the Twitter mood strategy, Derwent Capital Markets, failed... Read More