MoneyTalk

 

Can You Beat A Monkey With A Pin?

18 June 2012
In this week’s episode:

David Kuo chats with author Pete Comley, who believes that most private investors can't even outperform a monkey with a pin when it comes to picking shares that beat the market. They look at why 85% of fund managers underperform the market but the likes of Neil Woodford, Anthony Bolton and Peter Lynch can succeed. A transcript of this interview is also available.

 

You can download a copy of Pete’s book for FREE in eBook or audio format from his website.

 

Listen out for this week's competition for your chance to win a rare, signed copy of Pete's book. To enter the competition, email your answer to moneytalk@fool.co.uk. The closing date is Sunday 24 June 2012. Read the full terms & conditions for this competition.

David Kuo and Pete Comley
David Kuo and Pete Comley

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Comments

The opinions expressed here are those of the individual writers and are not representative of The Motley Fool. If you spot any comments that are unsuitable hit the flag to alert our moderators.

LastChip 18 Jun 2012 , 5:09pm

No question in my mind, Pete Comley has it exactly right.

I've said for years (and you can find me quoted here if you want to bother to search), it's all about the buying price and the trend. The rest (other than excessive debt) is pretty much irrelevant.

It's nice to also see the statement debunked that the FTSE always goes up over time. A complete myth.

I too am holding a lot of cash, just waiting patiently for the crash.

Now, I'm off to find my dartboard, so I'm ready when the time comes.

compound200 19 Jun 2012 , 3:40pm

say the market rises 40%---then crashes to where we are now?

TMFDragon 22 Jun 2012 , 8:04am

Hi Fools

Just a couple more days before the competition to win a copy of Pete's book will close.

Yes, you can download a copy of Pete's book for free. Yes, it's available in eBook format. But this is your chance to win a rare, signed copy of Monkey With A Pin.

Good luck!

David

TMFDragon 25 Jun 2012 , 12:36pm

Thank you to everyone who took part in the competition to win a copy of Pete Comley's book: Monkey with a Pin

The correct answer to the quiz is Cheeta. The name of Tarzan’s pet monkey that appeared with him in the television series was Cheeta.

There were lots of correct entries but this week’s winner is Alan from Edinburgh. Well done Alan and thank you for the poem that you sent in, which I have included here.

In entering this competition ,
I rely upon intuition,
To tell me the answer,
As I’m rather a chancer,
I have to rely on my wits.

I really rather like to listen,
To your words of financial wisdom,
Dispensed from the show,
Why it does make one glow,
On hearing advice on the markets.

Tarzan was lord of the jungle,
(His pension was in quite a jumble),
He invested in gold,
He just couldn’t be told,
And ended his days as a pauper.

Cheeta was far far wiser,
He invested in a stocks and shares ISA,
He did all his sums on diversified funds,
And bought penny sharers for a fiver.

Best regards

David

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About the show

MoneyTalk is a podcast from The Motley Fool (UK). Hosted by David Kuo, it’s a lively roundtable discussion where Fool writers and guests from the world of money thrash out the financial issues of the day.

Join us as we take an irreverent look at anything and everything to do with shares – from how to pick your first share to how to manage your own pension to what mini skirts have to do with Britain's economy (quite a lot, according to David).

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About the presenter

David Kuo is The Motley Fool’s media personality. He can be heard on BBC London’s (94.9FM) Breakfast Show where he arouses listeners every weekday morning with his unique brand of financial news. He is also a regular commentator on national news programmes including CNBC, BBC News, and Sky News.

David stumbled into the world of broadcasting at the turn of the Millennium when he was invited to comment on the stock market crash. He says, “I think I stunned Londoners speechless when I said the good thing about the crash is that shares are now more affordable for people who want to invest in the stock market!”

His attitude to investing has never wavered, as he always sees downturns in the market as a buying opportunity for long-term investors.