Yes Neil Woodford is back with his new career as a blogger. You might think that UK Government finances are a mess. Think again, the UK's leading failed fund manager takes a different view Over to the disgraced Woodford.
No not me! I have apologised for my failures and did not trouser £65 million for losing everybody's money. I refer to Neil Woodford who is reinventing himself as a blogger with a blog based, for unexplained reasons, in Switzerland, as he awaits further FCA censure. His theme is that the doomsayers are all wrong and UK equities are cheap. It was also his theme during the heyday of his fund management screwups. Woodford has been long and wrong for years. Anyhow, the scoundrel opines:
For the 10th time - the first perhaps for our many new readers - I feel the need to explain what free speech really means. I do this for Magna Carta , a poster here, who seems to think that we are obliged to approve & publish his comments which are defamatory and in some cases just so unpleasant that I do wonder for his twisted little mind. Not bold enough to post in his own name and a man proven to have lied, inter alia, about attending Sharestock and about loss making spread bets, Magna posts several times each day about myself and Kefi Gold & Copper (KEFI). He is obsessive.
Sordid, greedy, unprincipled and not good with numbers. No that is not Zak Mir but the Tory MPs who, like him, frequent the Carlton Club. Our man on the inside snapped Brown Envelope Man in action TODAY: who says we are not on the pulse at the heart of the City?.. Does any reader know which spiv he is touching up for business so that we can all short his shares? If you know, put your answer in the comments section. Otherwise how about supplying a suitable caption in the same place as you consider the unacceptable face of crony capitalism.
How do you make a guaranteed small fortune from AIM and sub Standard List shares? Simple: invest a large one in the worst companies out there. That seems to be the cunning plan of Jonathan Mark Swann. Until today his list of investments where he holds a disclosable stake included:
I have no idea why I was sent this press release. And I also struggle to understand what it is all about. For those who enjoy woke gibberish it will, I suspect, offer some delight and will help you score highly on ESG catchword bingo. Enjoy. “Breaking Barriers: Gender Lens Investing reshaping financial landscapes”
Due to its serial failures under Dame Sharon White, c11,000 employees (partners) at John Lewis will be getting their P45s over the next couple of years. At least they will miss the torture of the inhouse staff magazine "Identity," a 32 page publication celebrating LGBTQ history month sent to all 70,000 (current) staff. I bring you a competition from this publication and you will be horrified.
Shareholders in Iconic Labs (ICON) and Anglo African Oil & Gas (AAOG) both suffered massive losses due to the poor management of their respective business by Toxic David Sefton. I can report that Toxic Dave’s reverse Midas touch remains.
At least, ex post office minister Ed Davey earned more than a quarter of a million for advising the law firm the post Office used to persecute innocent postmasters. If you are prepared to sell your soul demand a large fee. But some leading politicians can be bought for far less.