DYOR
Insightful analyst, fund manager and accountant Ian Robertson shares his tips to help investors better understand what questions to ask when making investment decisions. Delving into some of the myths and scraping away the bluff to help translate investment research, this blog explores how to identify the gaps in investment cases, recognise accounting and valuation issues and hopefully avoid being led up the proverbial garden path!

05/09/2023
R&D – valuable activity, valueless measurement?
Few figures in financial statements attract as much unmerited attention as R&D, but few areas of […]

24/08/2023
Share-based remuneration – what is there to be scared of? Part 2
Following our first blog on share-based remuneration (SBR), we are at a point where we see SBR as a […]

21/08/2023
Share-based remuneration – what is there to be scared of? Part 1
In this blog, and two following, we consider share-based remuneration (SBR). SBR is generally talk […]

17/08/2023
Lazy truths and sedimentary crock – why do some investors seem to miss the obvious
After small-cap companies crash and burn everyone claims to have seen the signs, but how come no-one […]

14/08/2023
Free Cash Flow yield – value lost in estimation
The idea that we can use free cash flow (FCF) yield as a way to value a company is an extremely attr […]

10/08/2023
Gross negligence
Gross margins attract a lot of attention. The big numbers near the top of the income statement, gr […]

07/08/2023
Under the rule of thumb
For something so simple, the Price to Earnings Growth (PEG) ratio has to be one of the most misunder […]

04/08/2023
Comparative chaos
In this blog we set out to help the reader understand and avoid some of these issues and to make bet […]

31/07/2023
Discounted cashflow (DCF)
Discounted cashflow has always been a controversial valuation methodology. On one hand it holds the […]

31/07/2023
Introducing DYOR – Do Your Own Research
It may seem odd that a company that is writing reports on listed companies would start a blog called […]