BUY HOLD SELL -Magellan Financial Group (ASX: MFG)

Magellan Financial (MFG) – Is a specialist fund manager offering four core investment strategies – Global Equities, Global Listed Infrastructure, Sustainable, and Australian Equities (via Airlie Funds Management). The divisions target retail investors in Australia and NZ and institutional investors around the globe. The bulk of its revenues come from management fees which are derived…

Read more
Making a loss? Sell

Making a loss? Sell.

If you are making a loss, read this list. You will have sold before you get to the bottom. I was working for a Japanese broking house in London in 1987 when the stock market collapsed. The principal trading book (the broker’s own money traded in the markets by a team of professional traders) started…

Read more

Separately Managed Account May Update

The Marcus Today Growth SMA fell 1.02% in May, a disappointing result, with poor returns from a number of our large overweight exposures dragging our performance lower. The benchmark S&P/ASX 300 Accumulation index rose 2.31% for the month…with losses from the likes of FLT (-9.1%), QAN (-4.9%), WPL (-4.6%), STO (-3.0%) and WOR (2.8%).

Read more

MT Team pick their One Stock Portfolio stocks

I canvassed the Marcus Today Team this week asking what stock they would put into their own personal “One Stock Portfolio”. The answers were interesting. The question was based on our recent article about the ONE STOCK PORTFOLIO and our Member who turned $157,000 into $12m (now $15.3m) – Click below. Note that picking your one…

Read more

Post-It Notes

It’s all so short-term when you write daily. I sometimes go back to newsletters from a year or more ago and, with the knowledge of hindsight, read in minute detail the reaction to overnight events and realise that we look too closely at the market. Much too closely, because, as always with investment in hindsight,…

Read more
Endeavour Group (ASX: EDV) Dan Murphy's

BUY HOLD SELL – Endeavour Group (ASX: EDV)

Endeavour Group (ASX: EDV) is the value release from Woolworths (WOW) and the biggest capital market transaction of the year with a $12bn valuation on listing. The split is as neat as they come with a one-for-one distribution of Endeavour shares to Woolworths shareholders. WOW will keep a 14.6% interest in EDV, and Bruce Mathieson…

Read more