Ive been doing this for 50 years my strategy hasnt changed. You buy quality companies at the right price and let them compound. SP movements are just noise, The value of any business is the sum of future cash flows, discounted back to today(intrinsic value).
It is ,what it is. It doesnt bother me, i just use it as a buying opportunity. AI will need our data but will AI affect our earnings going forward. I expect AI will benefit us, if im wrong ,i will lose, end of.
Sg0913/ i dont take much notice of politics and economics for me its only noise. The value of any business is the sum of future cash flows, discounted back to today. I agree with you about our government but i doubt if they will last 3 years. If we do get any growth this will fly.
The value of every stock is the sum of future cash flows, discounted back to today. All the noise about AI affecting us will be forgotten about if the earnings stand up over the next few years. Short term SP movements are only noise.
Yes,i would, analysis consensus rating is a Strong Buy. If it goes over £9 i will start to top slice. They have been moving away from the US and buying more in the Asian markets. Investing more in the "picks and shovels" rather then the big spenders. Be Lucky