The Big End of Town

THE REALITY OF PUTTING YOUR MONEY IN A BIG INDUSTRY OR OTHER SUPER FUND There are a couple of lessons to be learned from the recent correction. The first is that most fund managers do nothing and did nothing. And that's a fact of life for anyone in big industry and super funds. It’s not…

The Collins Class Rule

Some long-term Members might remember the story about one of the Marcus Today Members who used to work in a Collins Class submarine on weapons systems (computer whizz). When they surfaced he would download stock-market data. When they submerged he would spend many hours of idle time back testing numbers looking for patterns in share…

Step Trading BL2TL Stocks

If making money in the market is about buying when the balance of probability is in your favour, in individual stocks, then your odds are always going to better if you 'play' in stocks that are moving from bottom left to top right (BL2TR) on a chart, not top left to bottom right (TL2BR). This…

Hotspots and Cold Spots

Rising case numbers in the US don't seem to be upsetting the markets. No-one seems to care in the US. One colleague got a text from a cousin in Washington DC yesterday saying that "everyone is just getting back to normal and they'll handle the virus if they get it". Here we are in Victoria…

ASX to hit 9000 or 900

VISUALISING A Livewire article that captured my interest. Chad Slater from Morphic Asset Management talking about visualisation – he starts with this: "Back in high school, lacking both high levels of coordination and physical size, I ended up picking cross country and middle-distance running as my sports. One of the coaches was particularly keen on…

The Best Investment I Ever Made

THE FLYING FERRET I used to own a greyhound. Well, a bunch of us did actually. It was a yuppie post-university indulgence organized by one of the West End wide boys I worked with in my early stockbroking days in London. He had picked out an Ad in the Greyhound Star for a ‘Sales Trial’…

The Hedge

Henry Jennings I have written on the delights of having a small hedge in times of trouble and have had many emails asking for what level of hedging you should have? The answer is easy. It depends. Very JP Morgan when asked about where he saw the markets going. ‘It will be volatile’. The question…

Beat the herd

20 Ways to Beat the Herd

The Growth Portfolio we manage for our investors and Members ($55m) has outperformed over the COVID-19 outbreak. For us COVID-19 was not a disaster, the volatility it caused proved to be a fabulous opportunity instead. How have we outperformed? And why have we locked it in? At the risk of letting out our Secret Herbs…