Having delivered great results for years, UK retailer Next (LSE: NXT) has built up a very loyal following who will probably give the company a pass for blaming slower sales on the weather. No wonder the shares still look expensive…
NEXT plc Blames It On The Sunshine
VIDEO: One Fool takes a closer look at NEXT plc (LON:NXT)
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Published Owain is a magpie of the investing world -- and not because he gets into a flap. Almost any style of investing might suit him, depending on the bigger picture, and he's held all sorts of companies. Paraphrasing Keynes, he says: “When the market changes, I change my mind -- what do you do?”
That said, Owain is usually a buyer of equities, where he prefers lightly geared, modestly rated companies, and is increasingly on the lookout for Buffett-style intangible quality. He aspires to buy-and-hold: his best investment ideas are worth much more than he sold them for. Then again, his worst investment went bust due to management fraud!
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