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          <time datetime="2019-08-20T07:00:20+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 20, 2019 07:00</time>
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              <span class="wire_title_component w-full block group-hover:underline"><span data-controller="logged-in-class" data-logged-in-class-logged-in-class-value="hidden"></span>An investing style forged by <span class="whitespace-nowrap">fire<svg xmlns="http://www.w3.org/2000/svg" width="24" height="18" viewBox="0 0 24 18" fill="none" stroke="currentColor" id="embed_video" class="inline-block align-middle group-hover:underline w-6 h-4 lg:h-6 ml-2">
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  ANZ and Westpac have just reported deep operational losses, unemployment has leapt to 10% and The State Banks of Victoria and South Australia have both collapsed. The...
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        TMS Private Wealth
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        <time datetime="2019-08-19T17:14:54+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 19, 2019 17:14</time>
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          <time datetime="2019-08-19T16:17:19+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 19, 2019 16:17</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              One table we can&#39;t do without
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Deciding on where to allocate capital has seldom been much harder, as we traverse global financial markets replete with conflicting messages, political uncertainty,...
</div>

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      <div>
        Resonant Asset Management
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  </div>
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          <time datetime="2019-08-19T15:08:55+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 19, 2019 15:08</time>
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          <div class="sm:flex-grow">
            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full max-w-[60%] ">
              9 essential charts on Australian housing
            </h2>
            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
  Last week, we asked three experts whether the Australian housing market had found a bottom in recent months. While the contributors opinions differed on the overall...
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        Livewire Markets
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          <time datetime="2019-08-19T14:33:44+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 19, 2019 14:33</time>
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          <time datetime="2019-08-19T11:59:30+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 19, 2019 11:59</time>
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              LICs under pressure to close discounts
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   In the past year, LIC discounts have increased, and the IPO market has become more difficult. We&#39;ve seen a handful of LICs commence windup or restructuring...
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        Affluence Funds Management
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              Franking credits: more than a simple return boost
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   			 				 					Over the last five years, franking credits have been an attractive option to non-taxpaying investors, adding an average of 1.56% compared to returns...
</div>

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              Whoppers and impossible valuations
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  Your correspondent isn&#39;t a regular visitor to Burger King. I&#39;m not sure I&#39;ve been into one in this millennium. But there is one on London’s Tottenham Court Road, about...
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        Pengana Capital Group
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          <time datetime="2019-08-19T09:12:09+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 19, 2019 09:12</time>
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  Over recent weeks the trade war ebbed and flowed, Hong Kong erupted in more protests, both the UK and Germany teetered on recession, New Zealand’s central bank stunned...
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        Clime Asset Management
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          <time datetime="2019-08-19T08:56:58+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 19, 2019 08:56</time>
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  Trade wars. Tariffs. Quantitative easing and modern monetary policy. Rate cuts. Bond yields breaching new lows. The AUD hitting its lowest level against the USD in a...
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        <time datetime="2019-08-19T08:56:58+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 19, 2019 08:56</time>
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          <time datetime="2019-08-19T08:00:21+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 19, 2019 08:00</time>
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              Surviving and thriving after the next Trump Tweet
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            <div id="wire-summary" class="paragraph-sm text-darkestgray break-word mt-2 sm:paragraph-xs lg:paragraph-lg">
   			 				 					Markets continue to obsess over the trade war. For our parts, we remain focused on finding and backing businesses that we think have the potential to...
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        Lakehouse Capital
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        Coolabah Capital
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          <time datetime="2019-08-16T17:05:26+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 16, 2019 17:05</time>
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              Phew - a big week comes to a close
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  A big week of reporting / market turmoil as the newspapers would call it with global equity markets taking a hit. Concerns around an inverted yield curve, more Trump...
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        Market Partners 
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          <time datetime="2019-08-16T15:27:49+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 16, 2019 15:27</time>
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              High valuations: Is this a case of the tail wagging the dog?
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  The plunge in both short-term and long-term interest rates has sparked a debate about how other asset classes respond, including equities. In the wire below, I outline...
</div>

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        Perpetual Asset Management (Australia)
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  Today I argue that Magellan will revolutionise the LIC/LIT market with its shift to a commission-free distribution model that we had long advocated and which is...
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          <time datetime="2019-08-16T11:40:47+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 16, 2019 11:40</time>
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              Don&#39;t be blinded by the headlines
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  This week’s dramatic market sell-off prompted a number of scary headlines. While correct, they are often taken out of context. FactSet tells me that the market...
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        J.P. Morgan Asset Management
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        <time datetime="2019-08-16T11:40:47+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 16, 2019 11:40</time>
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          <time datetime="2019-08-16T11:14:37+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 16, 2019 11:14</time>
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              Do annuities have a future in Australia?
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  Our Montaka and Montgomery Global strategies continue to own Challenger (ASX: CGF), Australia’s leading annuities provider. Readers will surely be aware that...
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        Montaka Global Investments
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        <time datetime="2019-08-16T11:14:37+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 16, 2019 11:14</time>
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          <time datetime="2019-08-16T10:51:35+10:00" data-controller="datetime" class="pre-header-sm lg:pre-header-md uppercase text-darkgray sm:hidden">August 16, 2019 10:51</time>
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            <h2 class="mt-2 headline-md lg:headline-xl lg:group-hover:underline sm:max-w-full ">
              Reporting Season Highlights – CBA, SUN, IAG, BEN, NAB, PPS &amp; AMP.
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  We recap some of the profit reporting season highlights from the past week Commonwealth Bank of Australia, Suncorp Group, Insurance Australia Group, Bendigo and...
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">AMP Ltd</div>
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            Followed by<span class="font-bold text-gray-700"> 1468 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Bendigo and Adelaide Bank Ltd</div>
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            Followed by<span class="font-bold text-gray-700"> 216 </span>people
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Commonwealth Bank of Australia</div>
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  </div>
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      +4
</a></div>

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    <div data-controller="tooltip">
  <a aria-label="AMP" data-controller="event" data-event-name-value="link_click" data-event-id-value="42032" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-amp">
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  <div class="flex items-center gap-2">
    <span class="text-bold-md">AMP</span>
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    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">AMP Ltd</div>
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  </div>
</div>

    <div data-controller="tooltip">
  <a aria-label="BEN" data-controller="event" data-event-name-value="link_click" data-event-id-value="42032" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-ben">
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  <div class="flex items-center gap-2">
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</div>

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  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Bendigo and Adelaide Bank Ltd</div>
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        </div>
      </div>
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-310">
            Followed by<span class="font-bold text-gray-700"> 216 </span>people
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      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

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  <a aria-label="CBA" data-controller="event" data-event-name-value="link_click" data-event-id-value="42032" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-cba">
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    <span class="text-bold-md">CBA</span>
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    <div class="w-80 rounded-md overflow-hidden shadow-horver-card border border-light">
  <div>
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Commonwealth Bank of Australia</div>
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</a>    <div class="px-4 mt-0.5">
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        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-519">
            Followed by<span class="font-bold text-gray-700"> 1672 </span>people
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  data-followable-type="stock_code"
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      <div class="border-6 border-tooltipDownArrowLight"></div>
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  </div>
</div>

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  <a aria-label="IAG" data-controller="event" data-event-name-value="link_click" data-event-id-value="42032" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-iag">
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    <span class="text-bold-md">IAG</span>
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  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1001" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-iag">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">Insurance Australia Group Ltd</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1001">
            Followed by<span class="font-bold text-gray-700"> 206 </span>people
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  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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</div>

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  <a aria-label="NAB" data-controller="event" data-event-name-value="link_click" data-event-id-value="42032" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/stock_codes/asx-nab">
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    <span class="text-bold-md">NAB</span>
  </div>
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  <div>
    <a data-controller="event" data-event-name-value="link_click" data-event-id-value="1367" data-event-statisticable-value="stock_code" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tooltip&quot;}" href="/stock_codes/asx-nab">
      <div class="p-4 flex group">
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          <div class="text-heavy-17 text-body truncate truncate-two-lines break-words group-hover:underline ">National Australia Bank Ltd</div>
            <div class=" text-darkestgray truncate font-sans leading-4 font-semibold capitalize text-heavy-md">ASX:NAB</div>
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      </div>
</a>    <div class="px-4 mt-0.5">
      <div class="flex items-center py-4 border-t border-light">
        <div class="flex-grow text-darkestgray text-bold-sm" id="followed-count-stock_code-1367">
            Followed by<span class="font-bold text-gray-700"> 1278 </span>people
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          <div 
  class="follow-stock-code-1367-stock-code-tooltip-hovercard"
  data-load-engagement-count-target="follow"
  data-followable-type="stock_code"
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    </div>
  </div>
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  </div>
</div>

    <a class="px-1 py-0.5 text-bold-md text-nav-item" data-controller="event" data-event-name-value="link_click" data-event-id-value="42032" data-event-statisticable-value="wire" data-event-custom-data-value="{&quot;section&quot;:&quot;stock_code_tags&quot;}" href="/wires/reporting-season-highlights-cba-sun-iag-ben-nab-pps-amp">
      +2
</a></div>

        </div>
      <div class="lg:flex lg:items-center clear-both">
        <div class="mt-2 lg:mt-4">
          <div class="flex items-center">
    <div class="mr-2">
        <a data-controller="event" data-event-name-value="link_click" data-event-id-value="146" data-event-statisticable-value="profile" data-event-custom-data-value="{&quot;position&quot;:19060,&quot;section&quot;:&quot;latest_feed&quot;}" data-event-ga-category-value="Homepage Latest Feed" data-event-ga-action-value="link_click" href="/contributors/bell-potter">
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  <div id="profile-link" class="text-heavy-sm md:text-heavy-md text-darkestgray">
    <div>
        <span class="profile-name-hover-container" data-controller="event tooltip" data-event-name-value="contributor_hover_view" data-event-id-value="146" data-event-statisticable-value="profile" data-event-custom-data-value="{}" data-event-event-value="mouseover" data-tooltip-url-value="/hotwired/hovercards/146/contributor">
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</span>    </div>
      <div>
        Stockbroker 
      </div>
  </div>
</div>

        </div>
        <div class="hidden lg:block lg:mt-4 mx-4 w-1 h-4 border-l border-gray-300"></div>
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  aria-label=home_like
  
  
  
>
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</svg>

  
  
  
</button>


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  aria-label=comment
  
  
  
>
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</svg>

  
  
  
</a>

</div>
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        <time datetime="2019-08-16T10:51:35+10:00" data-controller="datetime" class="hidden sm:block sm:flex-none order-1 w-36 uppercase pre-header-sm lg:pre-header-md text-darkgray">August 16, 2019 10:51</time>
    </div>
</div>


      </div>
    </div>
</div>

  </div>
</template></turbo-stream>
  <turbo-stream action="update" target="pagination"><template>
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</template></turbo-stream>
