I have the pleasure of belonging to three investment dining groups. One meets for breakfast near my home in Richmond, Surrey, providing a brisk, appetite-building walk along the Thames towpath. The second meets for lunch at a gastropub just off Sloane Square; and the third over dinner at an old established gentleman’s club around St James’s.
We enjoy the camaraderie, the food and the latest stock market gossip. I tell the occasional joke — although with my very conservative, infrequently traded portfolios sometimes I feel I am the joke.
Many new opportunities are suggested, but I am rarely tempted, certainly not by exploration or mining stocks. While most of my colleagues are shrewd and experienced investors, my observation — and this extends right across the private investor spectrum — is just how few investors have any consistent approach or structure to their portfolios. It is all about chasing the next hot tip or the latest bargain opportunity. Not surprisingly, they end up with a very mixed portfolio and with an equally mixed performance.
Quarto Group Inc (LON:QRT) is an illustrated book publishing and distribution company. The Company operates through segments, including Quarto International Co-Editions Group; Quarto Publishing Group USA; Quarto Publishing Group UK; Books & Gifts Direct, ANZ, and Quarto HK
