
<article class='wire'
  data-id='52158'
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  data-wire-path='/wires/a-constant-theme-amid-the-turmoil'
  data-wire-title='A constant theme amid the turmoil'
  data-contributor-profile-path='/contributors/sebastian-evans'
  data-contributor-id='1577'
  data-wire-keywords='[&quot;investing&quot;, &quot;ageing-population&quot;]'>

  <header>
    

    <h5 class="caption">
  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Investment Theme&quot;,&quot;slug&quot;:&quot;investment-theme&quot;},&quot;series&quot;:{&quot;title&quot;:null,&quot;slug&quot;:null},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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    <div data-react-class="wire/relative-time" data-react-props="{&quot;timestamp&quot;:&quot;2022-06-28T10:33:01.000+10:00&quot;}" data-react-cache-id="wire/relative-time-0"></div>
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</h5>


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  <h2>
    <a data-event-type="click" data-event="link_click" href="https://www.livewiremarkets.com/wires/a-constant-theme-amid-the-turmoil">A constant theme amid the turmoil</a>
  </h2>
</div>


    <div class="wire-avatar-byline-wrapper">

    <img alt="Sebastian Evans" class="avatar avatar--large float-left margin-med-right" src="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBc0VFIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--a74dbf5de8ebda65676dbe88f5ec80629afeae99/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwUm1sRyIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--32d307e294589bc9304aed7c557bb718f8ef0b9e/2_NAOS_Sebastian_Web_Ready__Square_.jpg" />

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    <a
      class="wire-author"
      href="https://www.livewiremarkets.com/contributors/sebastian-evans"
      data-statisticable-event="click"
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      Sebastian Evans
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    <div class="wire-organisation">NAOS</div> 
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  <div class='wire-body-row'>
    <section class='wire-body'>
     <div data-react-class="wire/wire-summary" data-react-props="{&quot;wireId&quot;:52158,&quot;summary&quot;:&quot;  The aging population is a well-appreciated phenomenon and a challenge for policy makers around the world. The combination of demographic changes resulting from declining birth rates, a shrinking working population and medical advances present policy challenges and a deepening opportunity set for investors. This article provides a broad view of...&quot;,&quot;showMoreLink&quot;:true,&quot;url&quot;:&quot;https://www.livewiremarkets.com/wires/a-constant-theme-amid-the-turmoil&quot;}" data-react-cache-id="wire/wire-summary-0"></div>


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<article class='wire'
  data-id='51856'
  data-statisticable='wire'
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  data-wire-path='/wires/berkshire-hathaway-2022-agm-7-topics-you-may-not-have-already-read-about-2022-06-01'
  data-wire-title='Berkshire Hathaway 2022 AGM - 7 topics you may not have already read about'
  data-contributor-profile-path='/contributors/sebastian-evans'
  data-contributor-id='1577'
  data-wire-keywords='[&quot;australian-equities&quot;, &quot;long-term&quot;, &quot;investing&quot;]'>

  <header>
    

    <h5 class="caption">
  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Investment Theme&quot;,&quot;slug&quot;:&quot;investment-theme&quot;},&quot;series&quot;:{&quot;title&quot;:null,&quot;slug&quot;:null},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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    <div data-react-class="wire/relative-time" data-react-props="{&quot;timestamp&quot;:&quot;2022-06-01T13:22:17.181+10:00&quot;}" data-react-cache-id="wire/relative-time-0"></div>
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</h5>


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  <h2>
    <a data-event-type="click" data-event="link_click" href="https://www.livewiremarkets.com/wires/berkshire-hathaway-2022-agm-7-topics-you-may-not-have-already-read-about-2022-06-01">Berkshire Hathaway 2022 AGM - 7 topics you may not have already read about</a>
  </h2>
</div>


    <div class="wire-avatar-byline-wrapper">

    <img alt="Sebastian Evans" class="avatar avatar--large float-left margin-med-right" src="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBc0VFIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--a74dbf5de8ebda65676dbe88f5ec80629afeae99/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwUm1sRyIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--32d307e294589bc9304aed7c557bb718f8ef0b9e/2_NAOS_Sebastian_Web_Ready__Square_.jpg" />

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    <a
      class="wire-author"
      href="https://www.livewiremarkets.com/contributors/sebastian-evans"
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      Sebastian Evans
    </a>

    <div class="wire-organisation">NAOS</div> 
  </div>
</div>

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    <section class='wire-body'>
     <div data-react-class="wire/wire-summary" data-react-props="{&quot;wireId&quot;:51856,&quot;summary&quot;:&quot;   “Occasionally Berkshire gets a chance to do something. It’s not because we’re smarter. … we’re sane. That’s the main requirement in this business” - Warren Buffett      NAOS Asset Management attended the 2022 Annual General Meeting of Berkshire Hathaway (BRK-A/B, Berkshire) on Saturday April 30 in Omaha, Nebraska. The meeting...&quot;,&quot;showMoreLink&quot;:true,&quot;url&quot;:&quot;https://www.livewiremarkets.com/wires/berkshire-hathaway-2022-agm-7-topics-you-may-not-have-already-read-about-2022-06-01&quot;}" data-react-cache-id="wire/wire-summary-0"></div>


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<article class='wire'
  data-id='51401'
  data-statisticable='wire'
  data-event-type='view'
  data-event='summarized_longform_wire_view'
  data-shielded='false'
  data-wire-path='/wires/inflation-an-investor-s-friend-and-foe'
  data-wire-title='Inflation: an investor’s friend and foe'
  data-contributor-profile-path='/contributors/sebastian-evans'
  data-contributor-id='1577'
  data-wire-keywords='[&quot;inflation&quot;, &quot;active-investing&quot;, &quot;valuations&quot;, &quot;asset-management&quot;, &quot;earnings&quot;]'>

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    <h5 class="caption">
  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Macro&quot;,&quot;slug&quot;:&quot;macro&quot;},&quot;series&quot;:{&quot;title&quot;:null,&quot;slug&quot;:null},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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    <div data-react-class="wire/relative-time" data-react-props="{&quot;timestamp&quot;:&quot;2022-04-21T14:02:07.253+10:00&quot;}" data-react-cache-id="wire/relative-time-0"></div>
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</h5>


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  <h2>
    <a data-event-type="click" data-event="link_click" href="https://www.livewiremarkets.com/wires/inflation-an-investor-s-friend-and-foe">Inflation: an investor’s friend and foe</a>
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</div>


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    <img alt="Sebastian Evans" class="avatar avatar--large float-left margin-med-right" src="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBc0VFIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--a74dbf5de8ebda65676dbe88f5ec80629afeae99/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwUm1sRyIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--32d307e294589bc9304aed7c557bb718f8ef0b9e/2_NAOS_Sebastian_Web_Ready__Square_.jpg" />

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      class="wire-author"
      href="https://www.livewiremarkets.com/contributors/sebastian-evans"
      data-statisticable-event="click"
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      data-statisticable-id="51401">
      Sebastian Evans
    </a>

    <div class="wire-organisation">NAOS</div> 
  </div>
</div>

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  <div class='wire-body-row'>
    <section class='wire-body'>
     <div data-react-class="wire/wire-summary" data-react-props="{&quot;wireId&quot;:51401,&quot;summary&quot;:&quot;  The data is showing it, central bankers are focusing on it and the community are feeling it at the fuel pump, the food aisle and through friendly conversations at the café. After more than two decades of ‘nothing to see here’, inflation appears well and truly set for a...&quot;,&quot;showMoreLink&quot;:true,&quot;url&quot;:&quot;https://www.livewiremarkets.com/wires/inflation-an-investor-s-friend-and-foe&quot;}" data-react-cache-id="wire/wire-summary-0"></div>


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<article class='wire'
  data-id='49362'
  data-statisticable='wire'
  data-event-type='view'
  data-event='summarized_longform_wire_view'
  data-shielded='false'
  data-wire-path='/wires/the-alternative-asset-class-whose-time-has-come'
  data-wire-title='The alternative asset class whose time has come'
  data-contributor-profile-path='/contributors/sebastian-evans'
  data-contributor-id='1577'
  data-wire-keywords='[&quot;private-businesses&quot;, &quot;private-investment&quot;, &quot;berkshire-hathaway&quot;, &quot;oaktree-capital&quot;, &quot;future-fund&quot;]'>

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  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Investment Theme&quot;,&quot;slug&quot;:&quot;investment-theme&quot;},&quot;series&quot;:{&quot;title&quot;:null,&quot;slug&quot;:null},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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    <div data-react-class="wire/relative-time" data-react-props="{&quot;timestamp&quot;:&quot;2021-09-23T10:10:55.704+10:00&quot;}" data-react-cache-id="wire/relative-time-0"></div>
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</h5>


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  <h2>
    <a data-event-type="click" data-event="link_click" href="https://www.livewiremarkets.com/wires/the-alternative-asset-class-whose-time-has-come">The alternative asset class whose time has come</a>
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</div>


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    <img alt="Sebastian Evans" class="avatar avatar--large float-left margin-med-right" src="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBc0VFIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--a74dbf5de8ebda65676dbe88f5ec80629afeae99/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwUm1sRyIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--32d307e294589bc9304aed7c557bb718f8ef0b9e/2_NAOS_Sebastian_Web_Ready__Square_.jpg" />

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      href="https://www.livewiremarkets.com/contributors/sebastian-evans"
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      Sebastian Evans
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    <div class="wire-organisation">NAOS</div> 
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  <div class='wire-body-row'>
    <section class='wire-body'>
     <div data-react-class="wire/wire-summary" data-react-props="{&quot;wireId&quot;:49362,&quot;summary&quot;:&quot;Private investments are increasingly drawing the focus of some of the heaviest hitters of the investment world, including Oaktree Capital, Berkshire Hathaway and, closer to home, the Australian Future Fund (AFF). So it&#39;s probably fair to say that PE&#39;s time has arrived. Many of the world&#39;s leading capital allocators -...&quot;,&quot;showMoreLink&quot;:true,&quot;url&quot;:&quot;https://www.livewiremarkets.com/wires/the-alternative-asset-class-whose-time-has-come&quot;}" data-react-cache-id="wire/wire-summary-0"></div>


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<article class='wire'
  data-id='46117'
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  data-shielded='false'
  data-wire-path='/wires/mnf-demerger-to-create-significant-value'
  data-wire-title='MNF demerger to create significant value'
  data-contributor-profile-path='/contributors/sebastian-evans'
  data-contributor-id='1577'
  data-wire-keywords='[]'>

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  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Equities&quot;,&quot;slug&quot;:&quot;equities&quot;},&quot;series&quot;:{&quot;title&quot;:null,&quot;slug&quot;:null},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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    <div data-react-class="wire/relative-time" data-react-props="{&quot;timestamp&quot;:&quot;2020-10-29T06:15:10.570+11:00&quot;}" data-react-cache-id="wire/relative-time-0"></div>
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</h5>


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  <h2>
    <a data-event-type="click" data-event="link_click" href="https://www.livewiremarkets.com/wires/mnf-demerger-to-create-significant-value">MNF demerger to create significant value</a>
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</div>


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    <img alt="Sebastian Evans" class="avatar avatar--large float-left margin-med-right" src="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBc0VFIiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--a74dbf5de8ebda65676dbe88f5ec80629afeae99/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwUm1sRyIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--32d307e294589bc9304aed7c557bb718f8ef0b9e/2_NAOS_Sebastian_Web_Ready__Square_.jpg" />

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    <a
      class="wire-author"
      href="https://www.livewiremarkets.com/contributors/sebastian-evans"
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      Sebastian Evans
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    <div class="wire-organisation">NAOS</div> 
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    <section class='wire-body'>
     <div data-react-class="wire/wire-summary" data-react-props="{&quot;wireId&quot;:46117,&quot;summary&quot;:&quot;NAOS Asset Management has been an investor in MNF Group (ASX: MNF) for over 5 years through the listed investment companies (LIC’s) we manage, and we remain the largest independent shareholder in MNF today. As such, this opinion piece should be read with the caveat that we have a vested...&quot;,&quot;showMoreLink&quot;:true,&quot;url&quot;:&quot;https://www.livewiremarkets.com/wires/mnf-demerger-to-create-significant-value&quot;}" data-react-cache-id="wire/wire-summary-0"></div>


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<article class='wire'
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  data-wire-path='/wires/predicting-the-future-is-a-waste-of-time'
  data-wire-title='Predicting the future is a waste of time'
  data-contributor-profile-path='/contributors/bella-kidman'
  data-contributor-id='66422'
  data-wire-keywords='[&quot;cash-holdings&quot;, &quot;sectors&quot;, &quot;stock-picks&quot;]'>

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  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Equities&quot;,&quot;slug&quot;:&quot;equities&quot;},&quot;series&quot;:{&quot;title&quot;:&quot;Rapid Fire&quot;,&quot;slug&quot;:&quot;fund-manager-Q-and-A&quot;},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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  <h2>
    <a data-event-type="click" data-event="link_click" href="https://www.livewiremarkets.com/wires/predicting-the-future-is-a-waste-of-time">Predicting the future is a waste of time</a>
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    <img alt="Bella Kidman" class="avatar avatar--large float-left margin-med-right" src="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBckJ4IiwiZXhwIjpudWxsLCJwdXIiOiJibG9iX2lkIn19--6a74b2cdd2828b0568d6c75ed98b9f559d276ce4/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwUm1sRyIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--32d307e294589bc9304aed7c557bb718f8ef0b9e/Bella.jpg" />

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<article class='wire'
  data-id='44109'
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  data-wire-path='/wires/one-risk-that-nobody-s-discussing'
  data-wire-title='One risk that nobody’s discussing'
  data-contributor-profile-path='/contributors/patrick-poke'
  data-contributor-id='122609'
  data-wire-keywords='[]'>

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    <h5 class="caption">
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  <h2>
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    <img alt="Patrick Poke" class="avatar avatar--large float-left margin-med-right" src="https://www.livewiremarkets.com/rails/active_storage/representations/proxy/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBMWkyREE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--b706504518d68cc80156ea6ba6fe88c59a9a5cd2/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCem9MWm05eWJXRjBTU0lJYW5CbkJqb0dSVlE2RTNKbGMybDZaVjkwYjE5bWFXeHNXd2RwUm1sRyIsImV4cCI6bnVsbCwicHVyIjoidmFyaWF0aW9uIn19--32d307e294589bc9304aed7c557bb718f8ef0b9e/headshot%20-%20gradient%20background%201x1-3926.jpg" />

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<article class='wire'
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  data-wire-title='Short-term earnings are irrelevant'
  data-contributor-profile-path='/contributors/sebastian-evans'
  data-contributor-id='1577'
  data-wire-keywords='[&quot;coronavirus&quot;, &quot;aussie-dollar&quot;, &quot;balance-sheet&quot;, &quot;leverage&quot;]'>

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  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Equities&quot;,&quot;slug&quot;:&quot;equities&quot;},&quot;series&quot;:{&quot;title&quot;:null,&quot;slug&quot;:null},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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<article class='wire'
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  data-shielded='false'
  data-wire-path='/wires/is-it-value-s-time-to-shine-at-last'
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  data-contributor-profile-path='/contributors/alex-cowie'
  data-contributor-id='18269'
  data-wire-keywords='[&quot;value-investing&quot;]'>

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  <div data-react-class="wire/wire-caption" data-react-props="{&quot;wire&quot;:{&quot;isSponsored&quot;:false,&quot;category&quot;:{&quot;name&quot;:&quot;Equities&quot;,&quot;slug&quot;:&quot;equities&quot;},&quot;series&quot;:{&quot;title&quot;:null,&quot;slug&quot;:null},&quot;campaign&quot;:null}}" data-react-cache-id="wire/wire-caption-0"></div>

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