Its Super watching Buffett
While Warren Buffett’s recent investment in IAG Limited suggests that parts of the Australian equity market represent a growth opportunity, it also exposed how inefficient the Australian capital market has become. In this context, efficiency is not measured by price movement or price performance; rather it is measured by the ability, capacity or willingness of Australian capital to invest in or fund Australian business growth. In other words, the capacity of Australian capital to be patient and focused on the long term. When large Australian companies structure capital raising deals with offshore entities on favourable terms to the other party, then questions are raised. Read more to find out where this leads investors: (VIEW LINK)
The Clime Group is a respected and independent Australian Financial Services Company, which seeks to deliver excellent service and strong risk-adjusted total returns, closely aligned with the objectives of our clients.