Spend Matters Procurement Stock Portfolio: Good Thing Jason Busch Has a Day Job [Plus+]
So now we move into the dog days of August. The UK has been sweltering, by our standards at least, in hot, humid weather, punctuated by the occasional biblical thunderstorm. And with that note of foreboding and doom, it is time to return to the Spend Matters stock portfolio challenge for the year of 2014. Regular readers will know that we identified a portfolio of 21 shares with a procurement content and interest in order to track their performance and get a sense of where the market for “our” firms was going. Jason Busch and Peter Smith then chose their preferred portfolios from those stocks, using an imaginary $1 million initial fund each. Jason focused on just eight firms; Peter spread his risk with 14. It’s not been the best of months. Peter Smith, managing director of Spend Matters UK/Europe, provides an update on which firms are doing well and which ones less so in the latest installment of this Spend Matters Plus series.