In Australia there are 2.3m businesses. However, there are only 23 companies that existed before 1900, that still exist today. The vast majority of them are family owned. There is however one, that is a true compounding machine, that has lasted over 130 years (started in 1886) and is listed... Show More
China is Australia's largest trading partner and this week China announced new pollution controls that have gone largely unnoticed. We have previously written on Livewire about China and the Energy Revolution that is taking place with: Show More
Michael Burry ran Scion Capital Hedge Fund, with aggregate returns of 489% net of fees and expenses, over a decade. He made his name during the Global Financial Crisis betting against, or shorting, the housing bubble, with credit default swaps. Show More
The Macquarie Conference each year throws up opportunities for re-ratings or new companies of interest to Institutional investors. Clean Teq Holdings Ltd (ASX: CLQ) was a company that presented at the Macquarie Conference last week. Show More
With the world embarking on a potential Third Industrial Revolution, according to one well-known economic advisor to China and the European Union, Jeremy Rifkin, the landscape for the commodities of today may well not be the commodities of tomorrow. Rifkin recently said: Show More
The ASX currently has ~121 companies undertaking share buybacks. The top 22 companies (in size of buyback) have a planned buyback program of $7.73b. Show More
Ray Dalio, arguably the most successful hedge fund manager in the world, manages $160b. In his recent book Principles: Life and Work, he says: Show More
Thanks for comments everyone - agree $10k in adjusted PV terms is significant - i must stress however to all as disclosed always do your own research or get advice before making any decisions.
Great piece - awesome. I would add under what to look for; 1. who has funding, 2. management, and 3. register. That would materially change the preferred portfolio in my opinion.
Great article - excellent point on Working Capital. My preference however is Z1P (Zip Co). It is 400% cheaper to APT in ratio of market cap / vendor count. Future is bright for both APT and Z1P
Very good call on Z1P - truly undervalued - will be a $1b market cap company
Very nice to see FMG being supported. It still remains the #1 Acquirer Mutiple. Many thanks to LiveWire for publishing my earlier piece on FMG
Well written, inflation is well and truly about to kick off. As a teacher of Econometrics, I mapped 50 years of commodity data and we are about to enter a new era of inflation - hope you enjoy the piece https://www.linkedin.com/pulse/commodities-forrests-fortescue-rodney-forrest/