Pune is known for its manufacturing and automobile industries as well as its research institutes of Information Technology, Education and Management. Our thoughts on Day 2 was to take delegates to another city within India via the highway system. The Mumbai to Pune highway provides a comfortable route via coach.... Show More
We recently met with 170 companies as part of a research road trip that crossed the US and Europe, to test existing investment theses, and look for new opportunities and trends. One key takeaway was that we have found far more attractive opportunities in global small to midcap (SMID) companies.... Show More
In The AFR I explain why Microsoft's Bill Gates, Tesla's Elon Musk, celebrated Cambridge University physicist Stephen Hawking, and nobel prize winning scientists think the single greatest existential threat to humanity is evolving a successor to our species in the form of "strong" artificial intelligence. My columns will occasionally flesh-out... Show More
Aussie market opened negative and kept on falling with global investor selling before recovering some of the losses in the back end of the day. The move by China to allow Yuan to devaluate with the falling growth outlook is how the free market was expected to work. But in... Show More
Aussie market ran into overseas investor selling pressure flowing from the US Fed comments and growth downgrades. The global investors are telling the Aussie market that it is going to get a lot worse before it gets better. Australia is trading like an emerging market due to our commodity dependency,... Show More
Aussie market aimlessly went down suffering from international cold and domestic flu. Chinese leadership was out in force reiterating the positive of their economy and expectations of stabilisation to come through. The better than expected inflation data and more stable Shangbang supported that view. Japan is once again showing signs... Show More
Aussie markets got belted from the start with negative global sentiment on US interest rate worry and NZ rate cut driven currency worry. Global sellers started the slide and local investors joined the selling. Currency fell originally after NZ cut rates, but the better unemployment data and China inflation supported... Show More
Slowing global and domestic growth has not taken the wind away from the outperforming Australian technology stocks. Technology stocks in the US are trading at historically high multiples with expanding margins and improving revenue, while Australian counterparts are at the early stages of their global exposure. We continue to see... Show More