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2023 New Year NAPS

January 2023

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Former UK Prime Minister Margaret Thatcher used to say she could work effectively on only four hours sleep a night (although video footage often caught her snoozing during the day). Writing my New Year NAPS each January means I too am sleep deprived the week before, often waking up at 4am to scribble some intel I might have picked up during the day from my various calls in case I forget. The NAPS are SCSW’s traditional mini portfolio comprising a selection to be held for precisely 12 months. It’s hard work. Last year, as we began 2022, investors were coming around to the idea that Omicron would crowd out more deadly variants and accelerate the end of the pandemic. I’d felt this would be a catalyst for rotation to growth and a rall ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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