Why join?

Jonathan Davis, founder of The Investment Reader

As a  potential member it may help you to know what I think you can hope to gain from becoming a member of The Investment Reader network. These are the main benefits as I see them. Please note that you can cancel your membership at any time, with a pro rata refund of your membership fee.

The main reason why membership is by invitation only is that we want to keep our group as coherent and single-minded as possible, with a focus on independence. A high priority is to exclude anyone who is trying to sell information and ideas for personal or professional commercial advantage. The Investment Reader is an information and events organisation, not an investment business.

First class contacts

After more than 35 years analysing and writing about financial markets, I have been fortunate to learn a lot about the best professional investors – who they are, what they think and when best to speak to them. By joining the Investment Reader network you can share in the ideas and insights of the names in our contacts book. We are not foolish enough to think that we have all the answers ourselves.  When I was writing my book Money Makers I asked the late Nils Taube, one of the most successful stock market investors of the postwar period, for the secrets of his success. He answered, only half tongue in cheek, “plagiarise”. Every professional I know will tell you how much they value their contacts and the good ideas they pick up from sharing and challenging each other’s ideas.

No conflicts of interest

The more you look into the way the financial services business works, the more apparent it becomes how important financial independence and freedom from conflict are. For better or worse, most financial services firms have their own agendas and economic interests, which can be at odds with the best interests of their clients. As a privately owned entity which only operates a private members’ network, the Investment Reader  has no professional or financial obligations that compromise its independence. We do not pay for content, nor do we accept sponsorship. Our simple aim is to provide something of value at a reasonable price to the growing number of smart people who in recent years have decided to take a more active interest in managing their money. The steady rise in the number of self-directed investors using online platforms shows that there are many people who face the same decisions and choices that we do.

Realistic expectations

Many investment publications (and many financial services firms) are in the business of peddling impossible dreams. If you are looking for a get rich quick scheme, or for a cluster of hot share tips, the Investment Reader is most definitely not for you. Speculation in individual securities can be highly profitable (and we do a bit of that), but sensible asset allocation and stock selection, allied to low turnover and prudent risk management, remain the key to long term wealth creation. Anything you read in Investment Reader should be judged against a simple criterion: will it help you make better decisions in your personal investment decisions? Over time one of our aims is to put together a comprehensive library of educational material about the art of investment for those who are hungry to learn more.

The power of networks

My hope is that The Investment Reader will grow over time to become a valuable network for the exchange of information and ideas between like-minded professional and private investors.  Members are encouraged to submit interesting links and research that they come across for the benefit of other members. Our events programme provides an opportunity for subscribers to meet and hear a range of interesting speakers face to face. The master classes and speaker events we have organised in the past have been well attended, thanks to the quality of speakers we are able to attract. Members of The Investment Reader have priority notice of forthcoming events and will often be offered a discount on the normal entry price.

Value for money

Membership of Investment Reader currently costs £200 a year (plus VAT), or less than £1 per working day. We would like to think that you will decide that this is good value for money.

Jonathan Davis MCSI

Founder, The Investment Reader


And in case you wondered who I am…

I have been following and writing about financial markets for most of my professional career, which started as a financial journalist on the Sunday Telegraph, The Times, The Economist and Independent. Later I spent a year at MIT’s Sloan School of Management, where I wrote a thesis on the methods of Warren Buffett. Since then I have written a series of books about professional investment, served as a non-executive director and senior adviser to listed companies, written regular columns on investing for The Independent and Financial Times for many years, acted as a strategist for a wealth management firm, and raised money to launch a Brazilian agricultural fund. I am a member of the Chartered Institute for Securities and Investment and hold a professional qualification in private client investment management. Having spent a long career seeking to avoid conflicts of interest, I manage my own money and now live in Oxford, where I teach and play bridge as a sideline. In 2019 I shall be publishing the third edition of the annual Investment Trusts Handbook, which I devised and edit. On my tombstone I hope they will write “he always thought for himself”! My view is that successful investment relies heavily on two simple ingredients: good information and good judgment.