Ask Colin

Do you talk to independent analysts such as your colleague Trevor Hoey at Shares magazine?

To Trevor, no, I do not know him. However, I read his work in Shares magazine. We often agree about the same companies.

I have had some discussion with one independent analyst, but it has been basically a sharing of notes on a company we were both already interested in independently. This is not often though.

In general terms, I try to do my own work and avoid being influenced by others. I never seek peer approval of ideas and prefer to work independently and be confident about my own judgement. This is basic to successful investing in that one of the traits of good investors is that they take total responsibility for their decisions.