Risk and reward

Investment Philosophy

Most fund managers have an Investment Philosophy. For some it is little more than a marketing blurb on their website, for others it is their core. An “Investment Philosophy” for professional fiund managers is required for compliance purposes (compliance with compliance) but it goes beyond that. An Investment Philosophy, whilst it can be updated and…

Read more
why ETFs

Why ETFs

  Embarrassingly our ETF portfolio has been outperforming our other portfolios (written on 17th February 2021). It is a revelation that this low-cost, low activity, low stress, low administration, relaxed portfolio, exposed to compounding returns in the Australian market as well as the HACK, FANG, FUEL and S&P 500, is outperforming our Australian stock picking…

Read more

Results Reactions

Results reactions as of Saturday 13th February 2021 This table shows the performance of stocks since recent results announcements or guidance – stocks are listed in market cap order biggest to smallest: This is some of the research post results this week. Macquarie results – Guidance was typically conservative but the fourth-quarter performance from the…

Read more
Key themes for 2021

Key themes and risks for 2021

KEY THEMES FOR 2021 The highest probability prediction is that the themes that are trending at the moment will continue to trend. There is no point us heading off down some lonely contrarian road just because it’s 2021. Believe what is happening now, invest in that and the odds are that you will be more…

Read more
Livewire Q&A

Livewire Q & A

Marcus spoke to Patrick Poke from Livewire Articles for a two part Q& A  with some great insights. Prepare for a quiet bull market In the first Q&A, Marcus contrasts his experience of broking with that of managing funds, shares some of the key themes to watch in 2021, and explains how he’s positioning portfolios…

Read more