Dod101 wrote:So, OLTB, you can now give us a definition of a 'quality share'. I look forward to that.
Hi Dod and thanks for the reply below.
All I've done is read a book that gives someone else's definition of a quality share - I wouldn't dare to suggest I can give you a definition of a quality share. What I wanted to do is educate myself more in how to read company reports, understand the language and what to watch out for in terms of potentially good news and potential warning signs that would protect me from previous mistakes such as Carillion.
What the book doesn't tell me is what you have talked about many times - the culture of a company - and that goes a very long way to making a share a 'quality' share along with the stark financial results. What I haven't seen yet is a book that tells me how to measure or judge the culture of a company.
Best wishes, OLTB.