One of the things that frustrates me most is fund managers who take the “other peoples money” approach. My fundamental belief is that if you wouldn’t do something with your own money, why would you do it with someone else’s money? When we look to hire new analysts, we spend... Show More
Over the past few weeks we have written about the profit and loss statement and the balance sheet, and how understanding both is critical to working out how a business operates. But as the saying goes, cash is king, and the cash flow statement is really at the core of... Show More
Do investors favour the next big thing, rather than focusing on long term success? Show More
Many investors talk about quality businesses and many, like us, seek to buy these businesses for our clients. But what exactly is quality, what are the signs to look for, and why is it so important? Show More
Don't invest in companies with directors who don't value their responsibility to shareholders. Watch to see how Michael weeds out bad directors. Show More
This week Michael is talking about the Margin of Safety, following a very heated back-half of calendar 2016 in the small and mid-cap segments of the market. Show More
Does being a CEO who has a stake in the business affect decision-making? Watch the video to hear Michael talking about owner-operators making strategic business decisions for long-term growth. Show More
We know Australia is the lucky country – whether that be the weather, the lifestyle, or the 25 plus year streak without a recession. We are also the growing country; Australia’s growth rate of 1.5% outpaces many of our peers. But where is the growth coming from and what is... Show More
In this video I am talking about investing in unlisted equities, and how a business plan is just a concept until the business generates a cash profit. Show More
Find out why Portfolio Manger Michael doesn't like Telstra, and why it's struggling to keep up the pace in this technocentric world. Show More
Today's video is around disruption in the property industry, and the companies that are getting ahead because of it. Show More
This time last year we shared our thoughts on listed company 1-Page. Here's what's happened over the past year. Show More
In this video, I discuss what we look for when investing in a company, how you can take advantage of volatility in the market, and what stands out in a volatile market. Show More
A young family has many points of financial stress to contend with at the moment. The record prices of property in Australia’s major cities make buying a property a difficult exercise. Rents have also continued to rise. Meanwhile a second issue is also consistently present for those with young children:... Show More
Last week marked the busiest week of the current reporting season. With most of the smaller companies reporting there was no shortage of stocks to profile. We take a look at three of these businesses, how they have fared during the reporting period and what this means for the businesses... Show More
During this week’s results presentation WPP Group (WPP, the old STW Communications) reported on the state of the advertising market for the past year as well as expectations over the next few years. Coming from a significant media buying group it made for interesting reading. Show More
There can be a wide range of factors that will lead to some form of growth for a small company and a little bit of analysis can identify many ways that a company can grow. Show More
Michael Glennon talks about Mayne Pharma Limited Show More
The humble Tulip was introduced to the Netherlands and began to grow in popularity in the early 1600s. The bubble was first driven by fashion, then fad. Finally in the mid-1630s prices spiraled upwards as the market entered mania... Show More
Over the past few years commodities have mostly been tainted with the same brush, and keeping well away from resource stocks had served investors well. In the majority of cases a flood of capital has allowed resource companies to explore and develop deposits. Supply has been released onto the global... Show More
