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Verdes Management and the Method in the Madness of the £750,000 investment – a chat with David Newton

Tom Winnifrith
Saturday 8 March 2014

Two day ago my colleague Ben Turney rightly pointed out that whoever invested £750,000 in perennial dog Verdes (VMP) at 0.75p (giving it a £7 million valuation when the only asset is cash of c£550,000) was insane. So who is this lunatic? I tracked him down and the reality is that he is incredibly switched on… let me explain. 

The investor is a new fund The Helium Rising Stars Fund. It is run by a well-regarded “grey hair” David Newton. Newton already manages the Helium Special Situations Fund. It had made 440% in eight years. That is a compound rate of growth of 24% per annum, 1 percentage point better than Warren Buffett.

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About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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