popular wires

Believe it or not, the first quarter of 2021 has already come to a close. While (thankfully) it’s been a much less eventful one than Q1 of 2020, it’s still brought its...

Producing annualized returns of 23.33% p.a. since inception May 2013 to Feb 2021, the Arnott Opportunities Fund has outperformed the MSCI by over 15% p.a.; and in this...

Predictions of a new commodity supercycle have ramped up in recent months. But I disagree. Many commodity prices are at super-cycle levels; the volumes are not. And...

Value investors are hailing the beginning of a new era, with many throwing their hard-earned cash at cyclical stocks, such as industrials and retailers, as pandemic...

In the AFR I write that one of the most interesting developments in local financial markets this week has been ANZ breaking the drought of senior bank bond supply with...

This week our attention turns to global stock markets post covid rebuild, as investment professionals the world over mull the opportunities and pitfalls of the...

The big iron ore miners have become unexpected favourites of income investors over the last few years. A combination of rising iron ore prices, a lack of new...

Tailwinds for investors can take many forms, and they are worth seeking out. For example, falling bond yields have been an enduring tailwind for long-duration assets,...

We're back! Off The Charts is here again to wrap up everything you need to know (and some things you don't) from the week. This week, as an Easter long weekend treat,...

Volatility is a given in equity markets, it is the price we pay to achieve higher returns over the long term. Finding ‘all-weather’ industries that survive the...

The local market started positive on miners and tech, then faded back to mostly flat before a late pump in banks pushed the market to finish positive. It was another...

“Only when the tide goes out do you discover who has been swimming naked.”This oft-cited quote is generally attributed to Warren Buffett. The point is obvious; the...

It's the start of a new quarter and optimism abounds. Brisbane has been released from lockdown, vaccines are on their way (albeit slowly) and the latest data drop from...

It is commonly assumed that growth stocks are bigger beneficiaries of falling interest rates than value stocks, an assumption driven by a belief that growth stocks are...

A mass-market brand aims to sell to all the buyers of the category. In fact, the typical buyer of a brand is a light buyer. Take a certain globally known soft drinks...

The macro investor Diego Parrilla is well known for making the analogy between constructing a successful investment portfolio and building a successful soccer team....

In my previous wire, I showed that overconsumption of news misinforms investors and wastes their time. But that’s not all: in this article, I cite evidence that...

There are those that collect for the joy of it. Fine wines, postcards from far-off places, stamps from all-too-often forgotten eras, playing cards reminiscent of our...

Over the summer, the much-admired but seldom seen, BlueLake Partners fund manager Daniel Droga sat down to chat with Centennial Asset Management's...

Low interest rates, excessive amounts of stimulus and multiple COVID-19 vaccines... is this what paradise looks like? It probably should be, but when you combine these...