Subscribe
In response to feedback from readers to last week's article on accounting for leases, here is a worked example which clearly shows how the new standard works in practice
Rented assets have distorted investors' view of a company's risks and returns – thankfully, this is coming to an end
It looks like quantitative easing is back - Phil still believes in the virtue of buying shares in quality companies.
After you have crunched the numbers, reading the key sections of a company's annual report provides you with a great overview of a company's business
Balance sheets may be just a snapshot of a company's finances, but they are packed full of valuable information for investors
This week, Phil's round-up includes something of a rarity: a house builder share he likes!
Annual reports are a very valuable and underused resource. Investors can learn a great deal about a company with some very basic and simple analysis
Car dealerships' shares are cheap because they face many threats and have few opportunities. The sector could interest value investors – but things could get worse before they get better
Phil's keeping a close eye on the value of the pound against the US Dollar as this could affect the returns on his Fantasy Sipp.
Negative yields on bonds are a warning to equity investors that the bull market may not last, but suggest that the bond bull market may continue and a new one in gold may begin