Over the course of 2018, the Royal Commission into Financial Services has provided numerous examples of the conflicts of interest inherent to the vertically integrated model of financial advice. In this model, the financial adviser is often incentivised to direct their client's savings onto an investment platform and then invest... Show More
It has certainly been a volatile week, with an overload of information both locally and globally for markets to digest. Markets remained in a risk-averse mood, and equities have fallen sharply. The Aussie dollar has also underperformed, being the weakest G10 currency this week. Show More
It’s been one of those weeks with a lot happening under the hood – lots of volatility – however when we look at the actual moves overall, we’ve simply edged slightly higher which actually feels like a win! Today, the market was positive, more so in the morning, however we... Show More
Almost universally weak performance of fund managers over the last two months has left many advisers and their investors in shocked disbelief, or hiding under their sheets unwisely hoping for a change in market conditions. It has been almost impossible for those with active manager portfolios to avoid at least... Show More
When asked for a strong investment idea on Livewire's Buy Hold Sell, Matt Williams offered up Origin Energy (you can see it here). So, for Livewire's 2018 season of Christmas Crackers, Matt expands on our investment case for this compelling opportunity in the ASX Top 20. Show More
In investing, there’s real value in knowing how much something is actually worth. And nothing better illustrates that fact than the three-year tussle for control of Investa Office Fund (IOF), a now former holding of the APN AREIT Fund. Show More
Think of a business that is going to return US$25 billion back to shareholders over three years, is able to grow total shareholder returns in the mid-teens and trades on a P/E of just 24 times. That’s the business we talked about at the Future Generation Investment Forum in the... Show More
Today I write (very short excerpt only): "Amidst the daily market chaos we can state a few things with certainty. First, the volatility of volatility (or the volatility of the VIX index in the US) is at a record high as investors struggle to figure out where fair value for... Show More
This week on The Rules of Investing podcast, we've got a special episode featuring three guests from Future Generation (ASX:FGX & ASX:FGG). The Future Generation companies are set up to provide charities with an annual stream of donations, while providing shareholders with exposure to the best fund managers - free... Show More
In this article we answer 8 questions about Service Stream Ltd (ASX: SSM). Show More
"What we've built is a war-chest of technology that allows us to be a disrupter in a range of different areas." Jim Rowan, CEO, Dyson Show More
What would you nominate as the single biggest risk to the local stock market right now? In an interview at a recent event held by IRESS and Livewire, we asked Brad Matthews, who consults to Advisors and Managers on asset allocation, for his view. Show More
Livewire recently got in touch with us to tell the story of 2018 in one chart, and how it is instructive going into 2019. Our choice, the 3 Month US Treasury Bill Yield. Show More
Infrastructure and utility stocks have been around a long time – the oldest listed utility, Consolidated Edison of the US, traces its listing to 1824. Yet it wasn't until the 1990s that the asset class became a viable option for everyday investors. Show More
A cyclone has ripped through markets in the last three months, leaving the ASX200 down 10%, and many stocks down by a multiple of that. Yet with powerful forces at play, another sharp leg down feels just as feasible as a Christmas rally. Show More
jim lolo
As always, very informative
There is an odd stat that will haunt a few… the S&P 500 was down -3.2% last night. Now there have only been 3 other years where the market has a -3% in December. 1987, 2000 and 2008…. I’ll leave that there, but gee I hate those three years. It’s... Show More
Despite a sharp fall in October, Afterpay is still the ASX200’s top performer over 12 months, with a remarkable gain of 166%. Speaking at a recent event held by IRESS and Livewire, Andrew Mitchell from Ophir Asset Management discussed the outlook for the stock. Show More
Simon James
Part of ignoring the noise is actually trying to measure objective things. It is interesting to compare the total website visits of all the USA companies they listed in their last presen [...]
Brandon Kibby
The biggest problem facing Afterpay is the AFR and Fairfax. I can't believe how Fairfax picks up on the smallest of problems and puts them into a headline. What shorter is paying them? S [...]
Michael Bishop
Well said Simon!
Slowing growth and tightening profit margins, customers entering financial stress and falling asset values; It sounds like the recipe for a disastrous investment but what if the price of the investment has factored in something even worse, which failed to eventuate? Show More
Ed Smith
Like Roger I can only see that banks represent one of the best value opportunities in the current market. What has really changed in the way they conduct their business, i.e. they colle [...]
Phillip Woodhill
Roger, While I agree the banks are looking good in normal times, which these are not as your other pundits are predicting a recession after a 28 year gap which will not enhance bank sha [...]
Nathan Thomas
They do look cheap but I have a concern that the traditional banking model and the horrendous service the banks provide are going to be truly disrupted by new era banks. The industry is [...]
The silver lining of the weak commodity prices between 2011 and 2016 was that many companies within the natural resources sector were forced to become much more disciplined in their operations and expenditure. This shift ultimately left companies in far better shape to capitalise on opportunities, while ensuring more stability... Show More
Last week, I presented a stock idea at the Future Generation Investment Forum. Despite being the biggest beneficiary of the oil and gas industry investing to maintain its wells, this company trades on just a PE of 12x. Here, I outline why WorleyParsons could be set to soar as the... Show More