Small Cap Value Report (Mon 29 April 2024) - EYE

Good morning from Paul amp; Graham! Woodford Views – this is a new blogging site, started by Neil Woodford – the famous fund manager whose career and business unravelled a few years ago when he strayed out of his area of expertise into speculative small caps in an open-ended fund, with disastrous results. Unlike many other commentators, I don’t see it as my job to chastise or pour scorn on him. My view is that he’s had a remarkable career, with huge highs and lows, and like many of us, has made mistakes along the way – which he addresses in his three blog posts so far. Anyway, somebody with that level of experience is going to be worth listening to, and I find his blog posts very interesting. So thought I’d flag them up to you here. Explanatory notes – A quick reminder that we don’t recommend any stocks. We aim to review trading updates amp; results of the day and offer our opinions on them as possible candidates for further research if they interest you. Our opinions will sometimes turn out to be right, and sometimes wrong, because it’s anybody’s guess what direction market sentiment will take amp; nobody…