Member Info for Walp

Dontshootme, defo worth thinking about, that one..

I seem him as more of talisman really.

As LLL says, I too believe Anderson simply rode the wave until (as we all saw) the ridiculous froth, then got out before the glory dropped off the cliff.

Not that much has changed in approach as far as I can see since he went (notably to a prodigious media seeding of doom now the "star manager" was leaving).

Not sure that helped the inevitable slide, but difficult to attribute any of the slide down to a managerial change really.

Those are my thoughts on it anyway.

Ps. Thankyou Beachouse :). That's a bit of a tonic for SMT right now.

Let's hope its the crest of a new media positivity wave 🤞

I guess what I am saying is that recent discussion on here has tended to shelve the obvious reasons for SMT falling out of favour.

At times an even stronger slant has been put on failure down to other reasons of outright mismanagement here, rather than the simple demise we have all steadily witnessed exactly since the spectre of high interest rate world futures became obvious.

The current AI wave was not prominent at the begining of the downturn for SMT, and I remain to be convinced that it isn't overegged.. The boardroom spat wasn't there at the beginning either, plus the overtures of media criticism hadn't really started either.

Yet the 5 year graph shows the most tumultuous drop right at the beginning of the fall in Nov 21...

I remain generally sympathetic in keeping the reasons for the fall in SMT simple and holding the faith.

Worth also comparing this against Trustnet's discussion on SMTs fall from investor sentiment just 9 days ago. It underlines the various fairly obvious factors that don't require incessant wringing of hands, furrowing of brows and theoretical worries in determining what's liable to happen to SMT as interest rates peak and wane.

https://www.trustnet.com/news/13382411/investors-gaze-turn-from-scottish-mortgage-to-fc-investment-trust

Https://www.trustnet.com/news/13383942/the-baillie-gifford-trusts-worth-backing

Not sure who said "total unerring" respect, but yes, I do consider myself a diplomatic and generally neutral person and do know when an argument should be abandoned due to no further universal gain possibility.

You say your piece, there any be polite disagreement on the basis of X or y, then it's lessons learned or not and move on.

Being a health care professional first and investor very much second I can also recognise those with the most presiding inflammatory markers, and on that basis Fela96 I prescribe you a lengthy course of anything you best consider capable of dealing with it (as it ain't going to be helpful to you as concerns these discussions or just about anything else).

You clearly have a good investing mind, but on the subject of respect I feel you are undermining your own on here more than anyone else is?

I truly am simply trying to help and feel odd continuing this exchange so let's just forgive and forget..

I suggest a wiping clean of the slate and maybe a fresh subject on here that proceeds with respectful exchanges from all involved.

Ps. The word asterisked in my last post was a waste product you find at coalmines with "ING" at the end...

Massively oversensitive swear filter on here 😂

fela96, i give up.

advice wasted.

the person you are ****ging here has his opinions and many of them are actually very helpful and informative.

you are bitter to the core and acting like a child.

i thought i could help, but you don't actually understand what i'm trying to help you with so i'm done with replying to you.

please block me as it would be doing me a favour as in all honesty i'm that close to filtering myself (but as dontshootme says that kind of thing isn't great).

why don't you just try posting on here without the argumentative and insulting stuff?

it's way out of order.

On the basis of your reply I withdraw the "lack of humility" suggestion.

I do think (regardless of the heat generated) we all do think about opposing ideas on here which is all to the good.

Plus, yes... Your opinion on the dividend drew a universal consensus of agreement.

Good stuff .

On the basis of your reply I withdraw the "lack of humility" suggestion.

I do think (regardless of the heat generated) we all do think about opposing ideas on here which is all to the good.

fela96, most what you say does make sense and there is no harm at all in questioning the truth of statements in order to reach a coherent consensus.

that being said dismissing and trashing other perspectives in the basis of firm belief that they are nonsense in your world of understanding doesn't mean that they necessarily are.

i'm speaking of a general attitudinal slant in your interaction here that has the effect of rubbing other contributors up the wrong way.

of course we might personally feel that a particular perspective is not applicable or realistic, but we have to sometimes accept differences in opinion whilst occasionally learning from them.

for example i believe the neg media slant on smt has effected its popularity to no little extent, whilst others clearly do not. it's fair enough but sometimes accepting other points of view whilst politely providing your own and moving on is sufficient. people can take what they wish from conjecture.

maybe you should reread the barrage of stuff that was discussed by you and others as concerns your simple assertion "smt is a failing investment"?

all investments historically experience periods of downturn, but to my mind the only million dollar question is "why is smt performing poorly at the moment".

i'm sure you mean well, but the way you pushed that argument read like a belligerent child calling black white simply to win an argument.

no **** smt is currently not doing well?

is it a failing investment?

on the likelihood that as inflation cools it will experience a likely period of success, it could equally and more usefully viewed as an investment with a lot of current potential.

despite just about everyone saying just that on here the argumentative and repetitive " based upon this factor, that and the other blahblah, it is a failing investment" kept coming.

you clearly ain't seeing or accepting it, f96, but the general attitude you most definitely are conveying sure is getting on everyone's pip.

i absolutely know everyone on this forum are genuinely interested and do consider differing perspectives (i certainly do), but there is a point at which you just have to nod respectfully to your fellows and agree to disagree.

having said that lot, i do genuinely wish you a fantastic investment future.

Fela96:

"Walp, if you're trying to day trade SMT then good luck to you, but that's not its intended purpose. You're probably better off betting on currency pairs. More leverage innit."

Eh? I never implied or suggested any such thing, just as I also purchased all of my SMT holding a great many years ago.

I've noticed you create delusionary falsehoods as concerns other individuals and their investing behaviour all the time Fela96.

You also seem to love an argument and completely refuse to accept anyone else's point of view, but are clearly in love and obsessed with your own perspectives.

These are not really very pleasant characteristics on this kind of discussion.

Knowing yourself to be right within your microcosm of knowledge and everyone else to be wrong strikes me as quite a dangerous attitude on the world of investing.

You talk on here with zero humility like someone who has had a lifetime of experience in heavy investing and who's opinion is unquestionable.

I have to say it's not particularly likeable and very nearly troll like.

I have never bought smt for more than £6.40 (which represents less than 4% of my investing in it)... Does that strike you as poor investment strategy?

Ps I agree with your pseudoscience argument and agree with it .. it's just interesting coming from you..

Enough said.

I bought smt at less than £3 for the bulk of it I recall, and you may have noted I tend to consider the obvious factors and surface of things rather than anything else.

I am not a technically minded investor generally.

Sometimes you can look so hard you miss what is in front of your eyes.

I just think this is something you could benefit in considering, Fella.

You have intellect clearly and you make a study of investments.. All good stuff, but it's not the be all and you are never going to be right even half of the time, I assure you.

Take that or leave it.

I can't believe you said that Fela96.

You haven't really stopped with either "technical" or "analysis" as concerns reasons beyond the obvious for the recent demise of SMT.

In terms of trends and the general direction of discussion I see benefit in the rather more obvious and simplistic "analysis" techniques just discussed as they are neither in depth or particularly theoretic.

The obvious (high inflation rates currently) seems to have been the foodstuff of pessimistic contrarian argument for you constantly.

I know you'll say I'm wrong and you never did exactly such a thing, but do you know what?

I'll be ignoring that ;).

Beachouse, I couldn't agree with your assessment more. I also am hopeful in the fact that we are seeing far less volatility and slow incremental improvement in such investments right at the moment (which I am hopeful is heralding the slow changing positivity that you speak of).

Im pleased that you recognise the impact of media negativity as goes SMT. It just cannot be understated, and I do believe the reversal of its impact given sustained SP improvement will eventually propel it's recovery beyond similar investments.

I agree with that also F96, and thinking about it in that way it almost makes a dividend look like a bit of a salesman's gimmick.

They are however a long utilised aspect of investments.

Were they to reinvest it then that would obviously save us the expense & hassle of having to do the same..

I disagree with nothing you have said, Tambo210.

Due vigilance as to any team effectively managing our money is important.

I guess it boils down to a sum of people either you investing in the first place and staying invested if the impression is that the team are missing a trick or have wrongly assessed.

I just think it is difficult for us as non field experts to derive exactly where SMT might have gone wrong in any of their choices.

I've never really thought about dividends StrictlyZinc, but have just always considered them an extra incentive to purchase shares and are a premium for shareholders based upon recent performance. It doesn't mean investments that don't offer one are a worst investment, just a chosen nuance of a particular investment product. I recall att used to offer one (as a similar IT example, but no longer do. One might assume ones that don't to give you that actual value back in the (hopeful) improvement of the SP anyway.

As you say it amounts to peanuts, but does mount into small investable amounts given time (for which I tend to wait for given deal costs).

Not sure if that's what you were looking for, but it's all I've got on the subject :)