Steve McCarthy

Prior to buying any new positions or adding to any existing positions, we always ask ourselves 2 simple questions: i) Is this a high quality company? ii) Is this an under-valued stock? If both answers are a resounding yes we generally proceed in purchasing that stock. Whilst our approach is... Show More

Steve McCarthy

Growth in the Australian economy in recent years has been primarily driven by the non-mining sectors. A key contributor to this growth has been the tourism sector, which is now Australia’s second largest export earner after iron ore. Here we review the small caps in this sector. Show More

Morgans Financial Limited

Equity markets remain at the mercy of abnormal macroeconomic conditions such as unconventional central bank interest rate settings and heightened political uncertainty. Making bold portfolio decisions amid such uncertain conditions is a difficult and potentially hazardous exercise; hence our cautious Asset Allocation settings. Despite these challenges, we think that enduring... Show More