Since the beginning of the year, the Trump administration has announced a series of increasingly aggressive trade policies. While much remains uncertain about the future direction of these policies, we believe the risk of further escalation is high and that a sustained move toward protectionism could derail economic growth. Show More
Finding value in Australia can be tough. With so few major companies, and so many fund managers hunting for the best ideas, value can disappear as quickly as it arrives. By way of illustration, the world’s largest company (Apple) currently trades on a lower multiple than Amcor or Brambles. In... Show More
This Time article looks at companies that Buffett is putting Berkshire Hathaway’s $100 billion cash reserves to work on. At the Berkshire meeting in May, Buffett was open about missing Apple early, but is now on board. Here are the three others he likes. Show More