ChrisJSlip
10 Nov 2016
Re: Price rise Hi Steve. No. Not for me. This is a long term core holding.If I sell it would other funds/shares first.Cheers,CJS
steveggiles
10 Nov 2016
Re: Price rise Time to think of selling again?
allthatglistens
25 Oct 2016
Re: Price rise ?
pike fisherman
10 Oct 2016
Re: Price rise Finished 115p below my sale price. May look to invest my proceeds?
pike fisherman
05 Oct 2016
Re: Price rise Now 62p below my selling price. Will look at buying back.I'm also invested in SVG Capital which is interesting with Goldman coming in today.
pike fisherman
05 Oct 2016
Re: Price rise Agreed, but it is possible to play the fluctuations in price.
LK Hyman
05 Oct 2016
Re: Price rise Pike,"Premium near 10."That might be significant if most of RCP's investments were listed but such a lot of it is stuff like hedge funds and private unlisted companies, so who knows how accurate the NAV number is?LKH on the flybridge
pike fisherman
05 Oct 2016
Re: Price rise Premium near 10. Rcp while being pretty stable on NAV does have price swings which I hope to play while leaving the majority of my holding alone.Down today 40p on my sale price so happy today. May be £19 tomorrow!!!
LK Hyman
04 Oct 2016
Re: Price rise Pike,"Keeping cash ready for a correction."I thought that RCP was rather uncorrelated with the general market? So, if there is a correction, it may well not affect RCP that much .... but you could well be right to take some chips off the table.We shall see! Meanwhile I'm leaving my shrunken wad, such as it is, fully invested.LKH on the flybridge so long as Jake stays in I stay i
pike fisherman
04 Oct 2016
Price rise Sold 5000 @ 18.40Will buy on a big sale.Keeping cash ready for a correction.
aspace
25 Sep 2016
Re: DTelegraph I hold Berkshire shares with Selftrade. Through Selftrade I can buy or sell on the NYSE subject to US trading hours. The one piece of compliance required is a one page W8-BEN for the US Internal Revenue people which must be renewed each three years. You may wish to check with your own broker. Seems easy enough, although I know LKH has previously said he does not favour providing Uncle Sam with his data (and the Snowden episode probably supports that view). Yes I see SZSUSA has outperformed BRK in the last six months, and both have outperformed RIT. BRK and SZSUSA are very different entities. SZSUSA is a much smaller fund and specialises in US and Canadian smaller companies. I did not recognise any of the companies in their top 10 list. BRK on the other hand is gigantic and only invests in large, mostly US, companies. BRK allows me to sleep well at night and has been a delight to hold.
steveggiles
24 Sep 2016
Re: DTelegraph I assume BRK is not so straight forward to hold from the UK (ADRs?).But I would not assume that BRK has somehow outperformed from WB's magic touch. I'm also assuming that BRK has a much much heavier US bias than RIT.I hold Schroder US Smaller Companies UT and (from the charts) it would appear to have outperformed BRK over the 5 year period of the chart previously shown by aspace. And I would guess that there will be some (many?) other US invested funds that have done just as well (in GBP terms). One issue that crops up with getting exposure to the US is the poor performance of UK domiciled US invested funds, consquently a lot of bods end up in US trackers (e.g. from HSBC, Fidelity).Unfortunately it seems I can't include a copy of a UT chart here. To get the Schroder US Smaller Companies UT chart for the relevant period (5 years) use the fund code SZSUSA (that's an old bundled accumulation fund that goes back that far).
steveggiles
23 Sep 2016
Re: DTelegraph RIT's sp often moves in the opposite direction to the rest of the market. Never been entirely able to sus out why.But if you look at the volume of shares traded on any given day, quite often the volume is very low, but still with a large price movement. I wouldn't read too much in to it. The price swings up and down quite a bit against the direction of the market.
aspace
23 Sep 2016
Re: DTelegraph I do not hold any RIT Capital Partners but I look at it from time to time. As taken from their website:"Since 1988, RIT has delivered outstanding performance for its shareholders. RIT has doubled its NAV and share price over the last ten years. A shareholder who invested in RIT at inception will have seen a share price total return of 12.6% per annum."Although that appears to underperform Berkshire Hathaway, the last ten year period is approximately even, because BRK's stellar performance is now a long distant memory. If my chart below works then it should show that BRK has significantly outshone RIT over the past ten years but that must be more due to currency movements than NAV appreciation. Other things I prefer about BRK include:1. Buffet has something like 90% of his personal wealth invested in BRK compared to a much smaller percentage for Lord Rothschild. I don't know what Rothschild's % is but at only £2.5bn total NAV RIT is a very 'small' investment in Rothschild terms. 2. Buffet pays himself US$100,000 annual salary compared to £2,020,015 for Lord Rothschild per the 2015 annual report. Seems excessive for a chairman. Once again I have come to conclude that Berkshire Hathaway is a better anchor in my portfolio than RIT if only for the currency diversification. But having said that I am utterly delighted that luminaries like Lord Jacob Rothschild and Warren Buffett allow little people like us (me anyhow) to own a share of their investment portfolios.
tradingup
22 Sep 2016
Re: DTelegraph LKI hold these in a number of accounts for myself and various offspring and grandchildrenand from all that I perceive it seems to be about as decent a long term shot as you can get.I just wonder though whether you hve any thoughts about the recent weakness in the spand notably today's quite sharp drop when the market was very buoyant?Sorry if you are busy at the wheel but any reflections would be of interest.
