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Growth Portfolio 3 - October '21

October 2021

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  After GP3’s 17 month uninterrupted run, I had been expecting a giveback. Mr Market had been in a good mood and quoted ridiculously high prices, but this month he become fearful. With volumes thin, profit taking clipped even those reporting good news. But it shows that the price of a stock is primarily determined by emotions and this is where stock selection comes in and volatility creates the raw material for subsequent  outperformance. As suggested last time, T Clarke was added (City presentation 18 Oct). To raise cash I further topsliced two big winners, SDI and Luceco. Recover ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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