The Desert Island Investor

Listen to the experiences and strategies of private investor, Mark Atkinson. Mark's long-term investments enabled him to become financially independent and to retire at the comparatively early age of 53. The stocks he reviews are from his actual portfolio, not a 'virtual' one, so these are genuine win-some, lose-some stories. We hope that you'll also enjoy regular feature 'Question in a Bottle' where Mark answers listeners' questions about investing.

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July 19, 2023

Why I added to my holding in STRIX (KETL) the masters of hot & cold water

STRIX (KETL) is based on the Isle of Man and is the company behind a patented bi-metallic thermostatic switch which can be found in homes around the world. Applications include kettles, irons and toasters. Through a series of acquisitions the company has also diversified into water filtration products and a remarkable system that delivers chilled, ambient or boiling water from a single tap at the touch of a button. In this episode of the podcast Mark explains why despite being underwater with this investment he sees promise in the future of STRIX and has just added to his holding. The 'Question in a Bottle' this time is from David Raywood who asks Mark for his thoughts about the investment strategy of averaging down.

The Desert Island Investor podcast is a series of podcasts that document the experiences and strategies of private investor Mark Atkinson. Mark's long-term investments have enabled him to become financially independent and to retire at the comparatively early age of 53. This episode of the podcast is generously hosted by London City based analysts Progressive Equity Research.

Created by Mark Atkinson (LinkedIn) | Produced by Paul Kerin | Wave SFX by juskiddink (Freesound) Creative Commons Attribution Licence | Corkscrew SFX by YleArkisto (Freesound) Creative Commons Attribution Licence | Question in a Bottle illustration courtesy of Freepik.

Music from #Uppbeat (free for Creators!):
https://uppbeat.io/t/yeti-music/peaceful-morning
License code: L0TLWWJDT28JVSTX

Palma Bottled Water Statistics | UK Bottled Water Market value | All about electric kettles in America (Technology Connections YouTube channel)

Disclaimer: The content of this podcast is provided for general information only and the opinions expressed by Mark, his guests and the producers of the podcast do not constitute financial advice. Before purchasing financial products it is advisable to seek the guidance of a professional financial advisor.

This communication is provided for information purposes only, and is not a solicitation or inducement to buy, sell, subscribe, or underwrite securities or units. Investors should seek advice from an Independent Financial Adviser or regulated stockbroker before making any investment decisions. Progressive Equity Research Ltd (“PERL”) does not make investment recommendations.

Opinions contained in this communication represent those of PERL and/or our affiliates at the time of publication and PERL does not undertake to provide updates to any opinions or views expressed. PERL does not hold any positions in the securities mentioned in this communication, however, PERL’s directors, officers, employees, contractors and affiliates may hold a position,  and/or may perform services or solicit business from, any of the companies or related securities mentioned.

Any prices quoted in our research are as at the previous day’s close.