Four teenagers, 4 adults and two ‘geriatrics’ in two campervans for two weeks sounds like a recipe for disaster but the problems came not from the travelers but from other directions. Our middle son invited us to join him and his family on a trip to New Zealand. Our youngest son and his family joined…
Things to watch out for in the reporting season There have been a number of serious headwinds for corporate Australia, some of which are only just becoming apparent. This week we saw the new vehicle sales coming in far weaker than expected and showing no sign of the trickledown wealth effects of a housing boom.…
They are calling the coronavirus a “Grey Swan” event. Not sure quite what they mean by that. Not a Black Swan event but not a White Swan event by the sounds of it. Or maybe its just an expression to say “Panic but don’t panic”. The expression “Black Swan event” comes from 16th century Europe…
Back in November, we released our top picks for 2020 in the Small Caps space, you can grab a copy HERE. Here is the investment case for AEF we outlined in November. It has had a strong start to the year. Ongoing growth in FUM and strong inflows are expected to drive continued profit growth.…
The toughest part of analysing a company is sourcing the data. Essentially you have two options. You can painstakingly trawl through company reports and compile the numbers yourself, or you can pay a (sometimes very hefty) subscription to a company that will source and compile it for you. To make things easier for you we’ve…
You may have seen my recent video on Livewire – they sat me down and said “Talk about anything you like”. So we talked about the portfolio assessments I do for financial planners and here is the result if you haven’t seen it. CLICK HERE to download the 9-point checklist e-book. There have been a…
You may have seen my article on Livewire this weekend which talked about some of the common traits and mistakes, as well as the heroics we see when we do portfolio assessments for financial planning clients, mostly portfolios that have been managed by SMSF Trustees in isolation. Our portfolio assessments provide people with a bouncing…
“Sophisticated investors are people who have a level of wealth and or expertise in the market that excuses the seller of a financial product from the regulatory duty of care. Sophisticated investors are deemed to be smart enough or big enough to look after themselves. Someone with savoir-faire”. Well, in many cases, that’s a laughing…
I received an email from a financial adviser once. The email went along the lines that “If you can show me that market timing has produced superior results compared to something as simplistic as buy and hold over a 10 plus year time frame I’ll be shocked and very impressed. Should you have such results…
