The UK stock market isn’t the only thing that’s been falling in the past year or so — the value of the pound versus the dollar has plunged, too. But at least that decline has a silver lining for UK investors…
The FTSE 100 Gains From The Pound’s Pain
VIDEO: One Fool takes a closer look at the FTSE 100 (INDEXFTSE: UKX).
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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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