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Buy what you believe in

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During a recent pitch, one of the attendees asked me, "What should I do with my savings right now" which is a reasonable question to ask a guy who spends his days studying financial markets, right?

You would think this would be a simple question to answer, but I have been at this for nearly a decade now, and I still haven't quite perfected the most frequently asked question. Unfortunately, there is no one-size-fits-all when it comes to investing. How I answer this question will ultimately depend on the individual's experience, finances, time horizon and risk tolerance.

But of course, starting my answer with "it depends" was likely to be met with uncontrollable eye-rolling and unbridled verbal abuse, so in an attempt to appease the angry mob (my recollection may or may not be somewhat exaggerated for dramatic effect), I neatly condensed what he needed to do into one simple sentence.

Buy great companies and hold them for a long time. That's it.

In reality, investing can be much more nuanced, but this is essentially the framework that all future investment plans should be built upon - the foundations of sound investing. No complex math, no fancy credentials required, just common sense, optimism, and a lot of patience.

While I wish that I had the ability to conveniently pack the intricacies of investing into just one 10-word quip, the above sentence is rendered useless if you have no idea how to identify great businesses, so let's dive a little deeper.

Finding great companies can be as simple as opening your eyes. Your fridge. Your wardrobe. Behind virtually every successful product or service lies a publicly-traded company that's cashing in on that success. Through stock investing, you can join in on that success by purchasing a part of the company.

Many presume that stock picking is based solely on complex future cash flow calculations and ratio analysis. However, qualitative, common-sense metrics are just as, if not more important.

Here are some of the first questions I ask myself when analysing any business.

Will the company exist in 10 years?

This is the first question you should always ask yourself. If you can't answer this question with some degree of confidence, then it's time to look elsewhere.

Do I truly understand what the company does?

It's crucial to invest in companies you understand. If you do not have a solid understanding of how the company makes money, you will never have the conviction needed to hold it during the inevitable market dips.

Does the company have a competitive advantage?

When looking for a good investment, always look for a sustainable competitive advantage, a moat that will prevent competitors from entering the market and stealing market share. This protection can come in many forms, such as a strong brand, a patent advantage, network effects or proprietary IP.

There are hundreds of new startups emerging every day with new technologies that can threaten even the most established companies. Likewise, numerous mega-cap companies are looking to use their existing brand recognition and cash flow to penetrate new markets, take Amazon as an example.

It's not always enough to have a great business, without an adequate moat, a company is unlikely to survive over the long run.

Is the business part of a growing industry or sector?

What changes will we see globally over the next 20 years, and what companies will be at the forefront of these future megatrends?

Do you believe sustainable energy is the way of the future? Maybe you believe Robotics and Gene therapy trends will continue; autonomous vehicles are a given, and space tourism is on the horizon. Whatever your future view of the world is, you should focus your efforts on exploring companies that are set to profit from the societal shifts you believe in.

You'll find great investing ideas by reading up on the latest technologies and changing consumer trends but be warned; new technologies often get overhyped in the early stages. A more in-depth valuation analysis will be needed once you have identified these future industry leaders.

If you stumble across a company that ticks all these boxes, odds are, you're looking at a great candidate for your hard-earned savings.

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New Sunday date for 30th anniversary Historic Rally

The Killarney Towers Hotel Killarney Historic Rally will move to a new Sunday date for its 30th anniversary running. The event is scheduled to take place on Sunday, November 29, […]

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The Killarney Towers Hotel Killarney Historic Rally will move to a new Sunday date for its 30th anniversary running.

The event is scheduled to take place on Sunday, November 29, marking the opening round of the 2027 Irish Tarmac Rally Championship Historic category.

Five-time World Rally Championship event winner Paul Nagle will spearhead the event as Clerk of the Course. The appointment carries personal significance, as Nagle is the son of the late Maurice Nagle, the original founder of the rally.

The first Killarney Historic Rally was organised by Maurice Nagle in December 1996, shortly after the international Rally of the Lakes moved to its permanent May Bank Holiday weekend slot. Having served on the organising committee for the old winter Rally of the Lakes, Maurice maintained that Killarney had the capacity to host a motorsport event during the winter period. Over the last three decades, it has grown into Ireland’s only dedicated event for historic rally machinery, where an overall victory is as coveted as a win at the international event in May. “Taking on the role of Clerk of the Course for the 30th anniversary is a massive honour, but more importantly, it is an opportunity to protect and build upon the legacy my father left behind,” said Paul Nagle. “He believed that Killarney’s classic stages were the perfect arena to showcase historic cars, and he fought hard to establish this. Reaching 30 years of Ireland’s only dedicated historic rally proves his vision was right. We are fully committed to making this anniversary edition a special event that honours his memory and celebrates the history of historic motorsport.”

Nagle has promised a return to the classic Killarney tarmac that defined the event’s early years, confirming that stages such as Ballaghbeama Pass and Caragh Lake will feature on the itinerary for the Killarney Towers Hotel Killarney Historic Rally. Since retiring from professional co-driving in 2023,

Nagle has worked as an FIA Safety Delegate on several World Rally Championship events. Work is now underway to secure a strong field of historic rally cars, with some star names expected to join the Irish Tarmac Rally Championship regulars on the entry list. His experience in event management, combined with his international contacts, is currently being used to attract an expanded entry list. A promotional push is underway to secure a large field of historic rally cars, including several drivers from overseas. The event retains the title sponsorship of the Killarney Towers Hotel and Leisure Centre, located on College Street in the centre of Killarney town. The hotel’s town centre location is highly favoured by rally fans who return each year, having proved to be a popular base since the hotel first took on the role in 2023.

Managing Director of the O’Donoghue Ring Collection and Killarney Towers Hotel and Leisure Centre, Gemma Ring commented: “We are incredibly proud to continue our partnership with the Killarney Historic Rally as we enter our fourth year as title sponsor. This year’s event is especially significant as the rally celebrates its 30th anniversary, a remarkable milestone for one of Ireland’s most iconic motorsport events.
At the O’Donoghue Ring Collection, we have always been passionate about supporting events that showcase the very best of Killarney. The Historic Rally brings together competitors, enthusiasts and visitors from across Ireland and beyond, creating a fantastic atmosphere throughout the town while making a valuable contribution to our local businesses and community.
Congratulations to Killarney and District Motor Club and everyone involved in reaching this incredible 30-year milestone. We look forward to welcoming participants and spectators once again and wish everyone a safe, enjoyable and memorable weekend.”

Full route details and regulations for the Killarney Towers Hotel Killarney Historic Rally will be released by the Killarney and District Motor Club in the coming months.

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Rathmore’s Tearmann Lodge raises €1,200 for Kerry Hospice

The staff and residents at Tearmann Lodge in Rathmore recently came together to raise €1,200 for the Kerry Hospice Foundation . The facility, which is run by the Kerry Parents […]

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The staff and residents at Tearmann Lodge in Rathmore recently came together to raise €1,200 for the Kerry Hospice Foundation

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The facility, which is run by the Kerry Parents & Friends Association, hosted a successful bingo evening and raffle in late March of this year. This follows a similar fundraising event held at the centre in 2024.
Residents at the lodge were encouraged to participate in the evening, which proved to be a highly positive and enjoyable experience for everyone involved.
Tearmann Lodge Manager Gillian Kenny facilitated the fundraiser, while staff member Irene O’Donoghue acted as the main organiser, with assistance from colleague Karen McCarthy and other members of the team.
The residential facility provides accommodation for nine residents, alongside an extra bedroom used for respite care when needed.
“Kerry Hospice would be close to the hearts of many here, both residents and staff, whose loved ones have benefitted from the services provided by the charity. We are delighted to be in a position to give something back in return,” Irene O’Donoghue said.
Pat Doolan of the Killarney Branch of Kerry Hospice expressed his gratitude to everyone at the centre during the official cheque presentation.
“This was another lovely gesture by all concerned and I want to thank them for their generosity. I spent some pleasant time over a cuppa with residents and staff members in the comfortable surroundings at Tearmann Lodge on the day of the cheque presentation. Esther Kelleher, who is a resident at the centre, entertained us with a lovely song,” Pat Doolan said

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