Xavier MacDuff @xvrmdf.bsky.social · 08/09/2026Added to my holding in Knights Group, a UK-listed consolidator of regional law firms. Growing organically, and at an incredibly cheap valuation. KGH 010 0
Xavier MacDuff @xvrmdf.bsky.social · 13/08/2026Me, an idiot: "This stock looks really good value here, I'll just sit back and watch it rally 25% in 2 months." 020 0
Xavier MacDuff @xvrmdf.bsky.social · 22/06/2026I keep looking at former "no-brainer" compounder stocks and seeing that they're down ~50%. Painful. 030 0
Xavier MacDuff @xvrmdf.bsky.social · 15/06/2026Good piece of analysis here (based on simulated portfolios using actual share price data) showing how taking profits on winning positions is a toxic strategy. 120 0
Xavier MacDuff @xvrmdf.bsky.social · 01/06/2026Move your primary listing to the United States, get yourself a valuation uplift. Like Wise has done. Oh, wait. 130 0
Xavier MacDuff @xvrmdf.bsky.social · 28/05/2026Latest reading: "Born to be Wired" by John Malone. Autobiography from the enormously successful telecommunications and media investor. An enormous amount of deal-making detail. 010 0
Xavier MacDuff @xvrmdf.bsky.social · 20/05/2026And looks like an ideal Berkshire business. Yeah, sure, they're in a downturn. But they been consistently earning a >15% ROIC, and >30% when times are good. $POOL $BRK 010 0
Xavier MacDuff @xvrmdf.bsky.social · 20/05/2026Interesting to see in the Berkshire 13-F that they've sold out of Pool Corp, just as sales growth is inflecting positively. They bought in during mid-2024, when the share price was much higher, and the sales growth severely negative. What was their rationale back then? $BRK $POOL 120 0
Xavier MacDuff @xvrmdf.bsky.social · 18/05/2026My Instagram feed is suddenly full of adverts like this for property in the Gulf. Good luck selling those! Note: Not sure how this is being targeted - I've never searched or browsed for this. 020 0
Xavier MacDuff @xvrmdf.bsky.social · 08/05/2026Pattern in the Scottish election is one of Reform helping the SNP to stay in power by splitting the unionist or Conservative vote in a way that denies the nearest challenger a chance of winning. 200 0
Xavier MacDuff @xvrmdf.bsky.social · 10/04/2026Latest reading: "Investing for Growth" by Terry Smith. This is an anthology of his previous writings (annual reports, press articles), so nothing new in here for dedicated Terry followers. 100 0
Xavier MacDuff @xvrmdf.bsky.social · 09/03/2026It's a cool and still spring day, so there is little wind or solar for the UK, and so we're relying on gas and imports for our electricity generation. Disastrous energy security situation to be in. 000 0
Xavier MacDuff @xvrmdf.bsky.social · 23/02/2026These are actually sensible policies and most people will be quite surprised that we don't do these things already. 000 0
Xavier MacDuff @xvrmdf.bsky.social · 19/02/2026"Move your listing to the US", they said. "You'll capture a higher multiple", they said. 020 0
Xavier MacDuff @xvrmdf.bsky.social · 18/02/2026Latest reading: "Another Way" by Dave Whorton. Part autobiography, part Silicon Valley history, this book charts the journey of a former Kleiner Perkins partner from venture capitalist to conservative long-term growth investor. 110 0
Xavier MacDuff @xvrmdf.bsky.social · 03/02/2026Pouring one out tonight for Nick Train and Terry Smith, who rode consumer staples all the way down, before rotating into data services stocks, which are now getting smashed on the assumed threat from AI. 2131 0
Xavier MacDuff @xvrmdf.bsky.social · 02/02/2026Latest reading: "The Land Trap" by @birdyword.bsky.social, which looks at how land functions in the economy, and covers a series of major bubbles and how government policies have shaped them. A very readable mix of economic theory and history. 110 0
Xavier MacDuff @xvrmdf.bsky.social · 29/01/2026Another compounder bro favourite "never sell" stock getting absolutely crushed. 040 0
Xavier MacDuff @xvrmdf.bsky.social · 13/01/2026Octopus & sea bream ceviche, followed by rib of pork with shitake and oyster mushrooms. 020 0
Xavier MacDuff @xvrmdf.bsky.social · 11/01/2026Lots of attention this week on the soggy performance of Nick Train and Terry Smith, but let's not ignore Baillie Gifford's Scottish Mortgage, which seems to have largely missed-out on the AI boom of the last few years. 230 0
Xavier MacDuff @xvrmdf.bsky.social · 07/01/2026And he's still sticking with the same names. I actually own a couple of these and have two more on my watch list, but really, that position-sizing. 😬 120 0
Xavier MacDuff @xvrmdf.bsky.social · 07/01/2026Man, he really did nail the zeitgeist for the best part of two decades, and then... 220 0
Xavier MacDuff @xvrmdf.bsky.social · 02/01/2026Well, 2026 has started with a big "Buy AI supply chain" vs "sell enterprise software" trade! 170 0
Xavier MacDuff @xvrmdf.bsky.social · 18/12/2025BlueSky definitely has a lot of users who are trying very hard to pretend that the purple line isn't where this chart shows it is. 191 0
Xavier MacDuff @xvrmdf.bsky.social · 01/12/2025I think this is one of the most important factors in the UK economy at the moment. 040 0
Xavier MacDuff @xvrmdf.bsky.social · 27/11/2025From the Mirror today on the lifting of the 2-child benefit cap. This woman gets her net income topped-up to £6,412/month. In Scotland, you need to earn ~£130,000 per year to have this net monthly income. 310 0
Xavier MacDuff @xvrmdf.bsky.social · 23/11/2025I can highly recommend the winter light show at Edinburgh Zoo! 020 0
Xavier MacDuff @xvrmdf.bsky.social · 20/11/2025So many US equity market darlings have been absolutely crushed this year. 020 0
Xavier MacDuff @xvrmdf.bsky.social · 18/11/2025I think we can now safely say that this credit cycle peaked about 1 year ago. Single B spreads failed to even re-test the lows this summer, and have since been leaking wider. 020 0
Xavier MacDuff @xvrmdf.bsky.social · 18/11/2025Scandinavian countries rank high on GDP per capita, on the Human Development Index, and low on inequality. They're exactly the countries we should be trying to emulate for a better and more successful society. 010 0
Xavier MacDuff @xvrmdf.bsky.social · 18/11/2025It's really hard for politicians not to make such changes when an issue polls like this. Zak Polanski on Newsnight last night was trying to argue that immigration isn't a problem. I don't think that position washes with the public. 130 0
Xavier MacDuff @xvrmdf.bsky.social · 12/11/2025Really good list of investing maxims from Angus Tulloch, who retired in 2017 with an excellent long-term track record of managing the Stewart Investors Asia Pacific Fund. 130 0
Xavier MacDuff @xvrmdf.bsky.social · 10/11/2025Latest reading: "1929" by Andrew Ross Sorkin. With access to many new sources, this is an excellent updated history even for those who have read "The Great Crash" by JK Galbraith. A real page-turner. Many parallels to today too! 131 0
Xavier MacDuff @xvrmdf.bsky.social · 02/11/2025Superb work from @tomcalver.bsky.social and @jburnmurdoch.ft.com showing how the UK's upper-middle classes have born the brunt of our 20yr long productivity stagnation, whereas lower earners have been insulated from this via ongoing minimum wage hikes, compressing earnings across the spectrum. 2296 0
Xavier MacDuff @xvrmdf.bsky.social · 27/10/2025Latest reading: "Gresham's Law" by John Guy. A biography of Sir Thomas Gresham, who acted as banker to Edward V, Mary, and Elizabeth I. Quite a story. He kept screwing-up, and screwing-over counterparties and even his own family members. Died with an estate in bankruptcy. 100 0
Xavier MacDuff @xvrmdf.bsky.social · 22/10/2025Perfect example of this is Buffett acolyte Monish Pabrai, who has underperformed the S&P 500 by 3.2% per year over 21 years, and with substantially higher volatility and drawdowns. 020 0
Xavier MacDuff @xvrmdf.bsky.social · 22/10/2025You should have more stocks in your portfolio as it is more likely to generate higher returns. Diversification isn’t just about reducing idiosyncratic risk, it's also about giving yourself more chance of holding the big winners. 130 0
Xavier MacDuff @xvrmdf.bsky.social · 22/10/2025Macfarlane shares down 18.5% on a profit warning linked to a fatal accident at one of their manufacturing plants. (I own it). 130 0
