It's been another strong quarter for equity returns, particularly in global markets
It's been another strong quarter for equity returns, particularly in global markets. Part of that has been the depreciation of the Australian dollar, which has finally cracked. But at the same time there was a lot of noise. In the month of October we saw a swing of 10% from top and bottom, a collapse in commodities prices and the situation in Russia and Ukraine. This just highlights why you just want to focus on the stocks and find businesses that you believe will give you a satisfactory return over the long haul and leave all the noise to the side. Watch full video here. (VIEW LINK)
We aim to build long term wealth together with our co-investors by finding and exploiting investment anomalies around the world, using a focused, patient and considered approach to finding simple investment ideas.