Declaration of Independence.

Declaration of Independence.

I’ve decided to produce this, You will get a few folks that don’t believe it, but that’s up to them.

If anybody wants a £1000 wager, I will happily open up my trading accounts and books to them to prove what I am saying is correct.

It is possible to make money (decent money) on AIM without being corrupt or morally bankrupt.

At the end of the day it’s up to individuals.

Declaration of values.

1. I have never taken part in a placing. If I take part in a placing in the future I will guarantee that the shares will be held for a minimum of 6 months. This guarantee will be made to the company.
2. I have never flipped shares, nor brought or sold on insider information.
3. I have never and will never sell a share, whilst talking the share up.
4. I will always be upfront if I have a holding in a company before I talk about the company.
5. I have never and will never “short” a share, naked or otherwise.
6. I have never and will never take or receive any financial payment for any blog or posting undertaken.
7. I have never and will never receive any financial payment for any material written.(I have declined several offers)
8. ALL of the money (and its not much) that I make from the adverts on my blog are and have been, given to charities, including JDRF which is a charity that supports my young daughter.
9. I DO NOT rely on the money that I make from investing to live. It is not my profession (thank goodness)

I say the above, not because I am naive or innocent. Nor because, I am incapable of doing the above. I’ve spent many years working for consultant companies, investment banks, corporate banks as a few folks know. This includes designing and creating trading software, Risk Management and corporate regulatory reporting to the Bank of England (FSA at the time).

I know how morally corrupt companies can be, a few folk complain that things don’t happen due to insider trading etc. It does happen and it happens because they get away with it. ( I remember in my first job in banking, many years ago, being told to add a 1.5% to the standard FX rate(on top of the advertised charges) to customers, except to customers who we had a list of. Those customers who noticed what we did and complained. I was later told those complaints where upheld so they only did it when they thought they could get away with it.

I wonder how many other prominent investors would declare simply standards…….