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Jim Slater (accountant)

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176: 604:, which focuses on simple techniques for identifying small dynamic growth companies whose shares are at a low price compared to their future prospects. With Hemmington Scott, he devised a monthly company statistical guide, Company REFS, also available as a daily online service, to make the identification of such shares easier for the private investor. Slater authored several other investment books, and had a side career as a children's author, writing the 74: 33: 522:. Slater resigned as chairman in October 1975 due to extradition attempts from the government of Singapore for the alleged misuse of more than £4 million of company funds in share deals. The Singapore government's attempt to extradite Slater (in which it was represented by Derry Irvine, assisted by Tony Blair and Cherie Booth) was dismissed by the 507:. Slater Walker then changed strategy, from a corporate-conglomerate into what eventually was recognised as an unauthorised and unlicensed international investment bank, through gradual disposal of its industrial interests. This has led to Slater being revered in some circles as a "merger lord", but criticised in others as an " 579:
Slater's autobiography sets out his early plans and visions regarding company acquisitions, and describes the processes he employed to bring them about. Once companies came under his control his strategy was to maximise the return on those of their assets that he judged disposable—be they property,
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Slater then acted as mentor to business partner Ian Watson, through which Watson founded Centennial Minerals in 1982. It owned a major share in the Montana Tunnels gold mine, and was sold to Pegasus Gold at a substantial profit three years later. The pair formed Galahad Gold in 2002, successfully
1014: 534:. Slater was found guilty of the Companies Act offences and fined £15 per count. However, the court accepted that the offences were purely technical, that Slater had not acted dishonestly and that there was no question of him having made any personal gain through committing them. 587:", a phrase term that carries with it connotations of hardship and distress associated with the human costs of unemployment. Some years later, Slater acknowledged the drawbacks that were inherent in the practices he adopted, towards the end of an interview with 1005: 424:
aged 24, and joined the Dohm Group. Quickly promoted, he became a general manager, reorganising all the company's small industrial holdings into one company within the group. After leaving Dohm, he was appointed secretary and chief accountant of
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timing the commodities boom to make annualised 66% profits from gold exploration before winding the company down in 2007 and starting a new joint-venture, Agrifirma, this time investing in Brazilian agricultural farmland.
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plant or workforce. These tactics proved to be highly successful and profitable in the short-term, such that "Slater Walker" became a byword for a particularly forceful and financially rewarding form of capitalism.
864: 470:, and was hired to write an investment column under the pseudonym 'Capitalist'. Over the following two years, Capitalist's ghost portfolio appreciated by 68.9%, against the London Stock Market's average of 3.6%. 453:
Whilst working for AEC as a director, Slater fell ill and during his recovery became interested in investing, and developed a system for picking stocks which would much later form the basis of his book
391:(13 March 1929 – 18 November 2015) was a British accountant, investor and business writer. Slater rose to prominence in the 1970s as a businessman and financier, who was the founding Chairman of 537:
After the collapse of Slater Walker, and while being technically but not legally bankrupt, Slater invested his residual funds and repaid his personal creditors within a few years, with interest.
1006:"Interview: Millions of shares, but not many laughs: Jim Slater is proud of six things that might get him into heaven. Being chairman of Slater Walker is not among them | Lifestyle" 1103: 526:
at Horseferry Road Magistrates' Court in 1977. In separate proceedings, following the takeover of the company by the Bank of England, a prosecution was brought against Slater by the
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on public, mainly industrial, companies, in which Slater would sell off under-performing assets to improve efficiency. Slater commented, "we are money makers, not thing makers".
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By 2009, Slater was chairman of BioProjects International PLC, deputy chairman and finance director of Galahad Gold, and investment director of Agrifirma.
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This saw the company growing into a group capitalized at over £200 million, through which Slater became a friend and business associate of
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in London. At its peak, the company owned and managed over 1,500 flats. This business model led Slater to form Salar Properties, which through
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In 1964, Slater acquired control of H Lotery & Co Ltd, a £1.5m public company; he and his business partner
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Jim Slater: Businessman who became infamous for the asset-stripping firm he set up with MP Peter Walker
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End game for Slater? Time Magazine article from 1975 following his resignation from Slater Walker
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Money Makers: The Stock Market Secrets of Britain's Top Professional Investment Managers
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in 1975, Slater Walker faced financial difficulties and received support from the
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rights on seven of Scotland's rivers, including the Lower Redgorton beat on the
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The acquisition and disposal of company assets in this manner became known as "
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took over ACV, Slater was later promoted to deputy sales director under
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UK Fast Buck Fraternity: article from 1996 edition of Management Today
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from Bioprojects International plc, of which he is Executive chairman
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The Zulu Principle: Making Extraordinary Profits from Ordinary Shares
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The Armchair Investor: A Do-it-yourself Guide for Amateur Investors
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Beyond the Zulu Principle: Extraordinary Profits from Growth Shares
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Documents relating to HM Treasury's intervention in Slater Walker
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Speaking for Myself: Life from Liverpool to Downing Street
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How to Become a Millionaire: Make Money While You Sleep
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Slater married his wife Helen in 1965. They lived in
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Slater was also the author of a book on investment,
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He then approached his friend 7: 1106:from Investors Chronicle, March 2009 957: 955: 96:adding citations to reliable sources 1160:20th-century English businesspeople 397:secondary banking crisis of 1973–75 1090:children's books written by Slater 1003:Hunter Davies (15 December 1992). 918:"Jim Slater, financier - obituary" 863:Maume, Chris. (20 November 2015). 548:, to buy-up undervalued blocks of 464:, at that time the City Editor of 189:it lacks sufficient corresponding 25: 837:"Jim Slater financier – obituary" 42:This article has multiple issues. 1104:Jim Slater: what I would buy now 1039:. Companyrefs.co. Archived from 1017:from the original on 8 June 2022 174: 72: 31: 624:, a series of documentaries by 597:published on 15 December 1992. 429:, a wholly owned subsidiary of 83:needs additional citations for 50:or discuss these issues on the 1094:Times article on Slater Walker 966:. UK: Harriman House Limited. 1: 649:1972 World Chess Championship 524:Chief Metropolitan Magistrate 1155:20th-century philanthropists 107:"Jim Slater" accountant 1176: 477: 962:Davis, Jonathan (2013). 516:secondary banking crisis 494:Slater Walker Securities 420:– Slater qualified as a 204:more precise citations. 1084:investment advice site 946:5 October 2007 at the 885:Blair, Cherie (2008). 370:(1965–2015, his death) 869:. News, Obituaries: 467:The Sunday Telegraph 422:chartered accountant 389:James Derrick Slater 351:The Sunday Telegraph 308:Chartered accountant 92:improve this article 1135:English accountants 1130:People from Heswall 1043:on 22 November 2015 842:The Daily Telegraph 759:Send For The Gulper 643:Slater's hobby was 528:Department of Trade 449:Initial investments 427:Park Royal Vehicles 320:Park Royal Vehicles 278:, Cheshire, England 1145:English columnists 845:. 19 November 2015 684:The Tricky Troggle 676:A. Mazing Monsters 607:A. Mazing Monsters 602:The Zulu Principle 457:The Zulu Principle 416:– at that time in 358:The Zulu Principle 18:A. Mazing Monsters 1140:English investors 1088:A.mazing Monsters 900:978-0-316-04375-5 814:978-0-7528-0775-1 802:978-1-58799-095-3 790:978-1-58799-094-6 778:978-1-58799-152-3 386: 385: 371: 248: 247: 240: 230: 229: 222: 168: 167: 160: 142: 65: 16:(Redirected from 1167: 1053: 1052: 1050: 1048: 1033: 1027: 1026: 1024: 1022: 1008: 1000: 994: 984: 978: 977: 959: 950: 939: 933: 932: 930: 928: 914: 905: 904: 892: 882: 876: 861: 855: 854: 852: 850: 833: 765:Standalone books 699:The Great Gulper 492:MP – renamed it 412:Born in 1929 in 369: 290: 287:18 November 2015 271: 269: 252: 243: 236: 225: 218: 214: 211: 205: 200:this article by 191:inline citations 178: 177: 170: 163: 156: 152: 149: 143: 141: 100: 76: 68: 57: 35: 34: 27: 21: 1175: 1174: 1170: 1169: 1168: 1166: 1165: 1164: 1110: 1109: 1082:Global Investor 1062: 1057: 1056: 1046: 1044: 1035: 1034: 1030: 1020: 1018: 1011:The Independent 1002: 1001: 997: 987:Financial Times 985: 981: 974: 961: 960: 953: 948:Wayback Machine 940: 936: 926: 924: 922:Telegraph.co.uk 916: 915: 908: 901: 884: 883: 879: 872:The Independent 862: 858: 848: 846: 835: 834: 827: 822: 767: 680: 672: 634: 621:The Mayfair Set 616: 594:The Independent 585:asset stripping 577: 520:Bank of England 505:James Goldsmith 498:corporate raids 482: 476: 451: 410: 405: 354: 344: 330: 326: 322: 310: 288: 279: 273: 267: 265: 257: 244: 233: 232: 231: 226: 215: 209: 206: 196:Please help to 195: 179: 175: 164: 153: 147: 144: 101: 99: 89: 77: 36: 32: 23: 22: 15: 12: 11: 5: 1173: 1171: 1163: 1162: 1157: 1152: 1147: 1142: 1137: 1132: 1127: 1122: 1112: 1111: 1108: 1107: 1101: 1096: 1091: 1085: 1079: 1073: 1068: 1061: 1060:External links 1058: 1055: 1054: 1028: 995: 993:, 9 March 2009 979: 972: 951: 934: 906: 899: 877: 856: 824: 823: 821: 818: 817: 816: 804: 792: 780: 766: 763: 762: 761: 756: 751: 746: 741: 736: 731: 726: 721: 716: 711: 706: 701: 696: 691: 686: 679: 673: 671: 668: 633: 630: 615: 612: 576: 573: 558:salmon fishing 509:asset stripper 478:Main article: 475: 472: 450: 447: 439:Leyland Motors 409: 406: 404: 401: 384: 383: 377: 373: 372: 366: 362: 361: 339: 338:Known for 335: 334: 332:Leyland Motors 317: 313: 312: 305: 301: 300: 297: 293: 292: 291:(aged 86) 285: 281: 280: 274: 263: 259: 258: 255: 246: 245: 228: 227: 182: 180: 173: 166: 165: 80: 78: 71: 66: 40: 39: 37: 30: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1172: 1161: 1158: 1156: 1153: 1151: 1150:Chess patrons 1148: 1146: 1143: 1141: 1138: 1136: 1133: 1131: 1128: 1126: 1123: 1121: 1118: 1117: 1115: 1105: 1102: 1100: 1097: 1095: 1092: 1089: 1086: 1083: 1080: 1077: 1074: 1072: 1069: 1067: 1064: 1063: 1059: 1042: 1038: 1032: 1029: 1016: 1012: 1007: 999: 996: 992: 988: 983: 980: 975: 973:9780857193124 969: 965: 958: 956: 952: 949: 945: 942: 938: 935: 923: 919: 913: 911: 907: 902: 896: 891: 890: 881: 878: 875: 873: 868: 867: 860: 857: 844: 843: 838: 832: 830: 826: 819: 815: 811: 808: 805: 803: 799: 796: 793: 791: 787: 784: 781: 779: 775: 772: 769: 768: 764: 760: 757: 755: 752: 750: 747: 745: 742: 740: 737: 735: 732: 730: 727: 725: 722: 720: 717: 715: 712: 710: 709:The Winkybird 707: 705: 702: 700: 697: 695: 692: 690: 687: 685: 682: 681: 677: 674: 669: 667: 664: 662: 658: 657:Boris Spassky 654: 653:Bobby Fischer 650: 646: 641: 639: 632:Personal life 631: 629: 627: 623: 622: 613: 611: 609: 608: 603: 598: 596: 595: 590: 589:Hunter Davies 586: 581: 574: 572: 569: 565: 563: 559: 555: 551: 547: 543: 538: 535: 533: 532:Companies Act 529: 525: 521: 517: 512: 510: 506: 501: 499: 495: 491: 487: 481: 480:Slater Walker 474:Slater Walker 473: 471: 469: 468: 463: 459: 458: 448: 446: 444: 443:Donald Stokes 440: 436: 432: 428: 423: 419: 415: 407: 402: 400: 398: 394: 393:Slater Walker 390: 382: 379:4, including 378: 374: 367: 363: 360: 359: 353: 352: 347: 343: 342:Slater Walker 340: 336: 333: 329: 325: 321: 318: 314: 309: 306: 304:Occupation(s) 302: 298: 294: 286: 282: 277: 272:13 March 1929 264: 260: 253: 250: 242: 239: 224: 221: 213: 210:November 2015 203: 199: 193: 192: 186: 181: 172: 171: 162: 159: 151: 140: 137: 133: 130: 126: 123: 119: 116: 112: 109: –  108: 104: 103:Find sources: 97: 93: 87: 86: 81:This article 79: 75: 70: 69: 64: 62: 55: 54: 49: 48: 43: 38: 29: 28: 19: 1045:. 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After 418:Cheshire 376:Children 355:author, 148:May 2018 754:Crammus 749:Rainbow 739:Kleenum 729:Snuggly 719:Bignose 694:Webfoot 414:Heswall 299:British 276:Heswall 198:improve 132:scholar 970:  897:  812:  800:  788:  776:  744:Grinno 724:Swiggo 678:series 638:Surrey 575:Author 403:Career 368:Helen 365:Spouse 187:, but 134:  127:  120:  113:  105:  714:Dimmo 645:chess 614:Media 550:flats 139:JSTOR 125:books 1049:2015 1023:2015 968:ISBN 929:2017 895:ISBN 851:2015 810:ISBN 798:ISBN 786:ISBN 774:ISBN 655:and 488:– a 381:Mark 284:Died 262:Born 111:news 659:in 591:in 544:'s 511:". 435:AEC 328:AEC 94:by 1116:: 1013:. 1009:. 989:– 954:^ 920:. 909:^ 839:. 828:^ 628:. 445:. 399:. 56:. 1051:. 1025:. 976:. 931:. 903:. 874:. 853:. 270:) 266:( 241:) 235:( 223:) 217:( 212:) 208:( 194:. 161:) 155:( 150:) 146:( 136:· 129:· 122:· 115:· 88:. 63:) 59:( 20:)

Index

A. Mazing Monsters
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verification
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adding citations to reliable sources
"Jim Slater" accountant
news
newspapers
books
scholar
JSTOR
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references
inline citations
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introducing
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Heswall
Chartered accountant
Park Royal Vehicles
ACV Group
AEC
Leyland Motors
Slater Walker
The Sunday Telegraph
The Zulu Principle

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