Keep pulling the thread on Ian Lance.
The Temple Bar Investment Trust has generated a return of approximately 240% since Red Wheel took over its management in late 2020.
Since Red Wheel took over management in late 2020, Temple Bar Investment Trust's Net Asset Value (NAV) has returned nearly 200% and its shareholder total returns have exceeded 200%.
Activist investor Elliott Management has taken a stake in BP.
BP is undergoing a strategic U-turn, moving away from its recent focus on energy transition and back towards its core oil and gas business.
The Strait of Hormuz is currently shut down.
Walmart currently trades at a Price-to-Earnings multiple of 45x.
WPP's largest competitor, the French company Publicis, is currently growing at a rate of 5% per year.
WPP's underperformance is attributed to its organizational structure, where acquired agencies like Ogilvy & Mather and J. Walter Thompson have not been fully integrated.
WPP's share price is approximately £2.70, and the company is forecast to generate 50p in earnings per share.
GSK is the fifth largest holding in the Temple Bar Investment Trust portfolio.
At its peak, Nike's stock traded at $180 per share on $4 of earnings, representing a P/E multiple of over 40x, before its earnings per share fell to $1.50.
Starbucks' earnings per share have declined from $3.50 to $2.30, yet the stock continues to trade at a P/E multiple of 40x.