How to handle a correction

It is a year since the bottom of the market on March 23, 2020. Since then, the ASX 200 is up 54.44%…if you bought at the absolute low and sold a year later. What a year of opportunity. For any fund manager getting abused for not achieving 54.44% in the post pandemic recovery year, you…

Nuix (ASX: NXL) buy hold sell

BUY HOLD SELL – Nuix (ASX: NXL)

Nuix (ASX: NXL) was the biggest float of 2020 and soared more than 50% on its first day. Investment banks couldn’t get enough of it and many missed out on their desired allocation. Some speculated that it was a function of the improving macro picture combined with a lack of desirable floats in 2020 that…

bubbles and tulipmania

Bubbles and Tulipomania

In 1623. A single tulip bulb sold for a thousand Dutch florins, seven times the average annual wage. The average tulip trader made sixty thousand florins a month. 400 times the annual wage. 40 bulbs sold for 100,000 florins. You could have bought 3,333 pigs for the same price. People were selling possessions to speculate…