Company Valuation

US political strategist James Carville once remarked, “I used to think that if there was reincarnation, I wanted to come back as the president or the pope or as a .400...

Investing rulebooks went out the window last year, as pandemic-hit markets plummeted, then rebounded, and share prices rose or fell on little more than sentiment. Take...

There is no escaping it. Every decision we make in life is influenced by a combination of emotion, intellect and circumstance.Whether it is the flavour of ice...

As we’ve highlighted in the two previous quarterly asset allocation valuation publications, (pretty much) everything is expensive. Abundant liquidity has pushed...

The rotation from growth into value is well upon us with many beaten down stocks now finding favour in the market. As the country returns to a semblance of normality,...

Investment markets have a host of both positive and negative factors fighting for supremacy. The real question is whether central banks and governments will engineer a...

You’ve probably heard bullish commentators argue that declining interest rates explain, and justify, the extraordinary price to earnings (PE) multiples being paid for...

Mark Twain said it better than we ever could. “It ain’t what you don’t know that gets you into trouble. It’s what you know for sure that just ain’t...

GFC vs GVC There are no doubt similarities between the shock of the Global Financial Crisis (GFC) and the current Global Viral Crisis (GVC), however the differences...

One of Hari Balkrishna’s secrets to successful investing is the willingness to pay a reasonable premium for top notch businesses. The T. Rowe Price Associate Portfolio...