Passive investing

It’s been nearly six months since Marks’ last memo. In the absence of any major shift in global markets, he has taken the opportunity to discuss a more ‘big picture’...

In part one we showed how being contrarian can produce huge returns, while in part two we explained how buying companies with owner-managers can also give you an...

Over the last 40 years, investors have enjoyed a golden era, able to generate returns of close to 7.50% p.a. in investment grade credit, and over 10% p.a. in equities,...