Articles in the Commentary Category
Commentary, Philosophy »
If you like your glass half full then don’t watch this video. If you’re long equities, Japan or Europe then do watch it.
For those who prefer the written word here is a good summary of the interview Kyle Bass: Betting on bonds not stocks
What did Madoff and Stanford teach us…you can keep a ridiculous Ponzi going for a long time as long as you have one thing…new money coming in.
Japan is spending more than twice what they bring in. They are already at the Keynesian endpoint.
The Japanese government bond is one …
Beginners, Commentary »
So you want to be an investing superstar. Or at least retire comfortably with control over your own finances. Here’s a simple starting point for Buffett like returns.
Buy stock in the highest book to market decile, rinse and repeat.
Hold more cash when the market is above long term trend lines, deploy that cash when it is below.
Commentary »
Today I attended advanced training for StockVal here in Melbourne. As I was walking to the venue a elderly woman slipped on the wet footpath in front of me and fell heavily to the ground. Being slightly obsessive about being on time, and already being a couple minutes late I was torn as to whether to help or not, as she did have her husband with her. In the end I was glad I did. As is often the case when someone has a fall she tried to get up again. I …
Commentary »
SNY appears on the following screens:
- Growth/Value Investor Strong Interest. Based on analysis of the book by James P O’Shaughnessy
- Value Investor Strong Interest. Based on analysis of the book by Benjamin Graham
- P/E Growth Investor Strong Interest. Based on analysis of the book by Peter Lynch
Commentary »
On 30 Sept 2009 Southern Cross Equities (SCE) issued a bullish recommendation of Prana with a 12 month target of $1.10, Prana was then at $0.23.
SCE received 3.5M three year $0.30 options for services rendered.
What was the purpose of that ‘research’ report? Was it to secure funding from BAM Capital? Who around that time took a substantial stake of 30M shares and then played some very unusual ‘games’ which a suspicious person may have concluded looked manipulative.
Now SCE get to run a private placement to dilute existing shareholders by 100%. How …
Commentary, Investing Insights »
The pile of documents on my desk was out of control, so it was time for a throw out. Here’s a few of the investing and financial gems I’m throwing out, but want to keep links too.
From Grantham to Klarman on to Gross and Zweig. Articles that I can’t part with.
Commentary »
Two weeks ago in ‘Three Months of Gains go Poof’, I hoped buyers were rushing in too early and that I’d get to buy lower. Today is the first day I’ve seen some attractive pricing, but where am I most likely to get the best bang for my buck?
As always my game plan is to average in. But what are the most attractive opportunities in Australian and US markets?
Commentary »
Commentary, My Path »
I hope those buying now are shooting their wad early. I’m standing back, forever practicing my patience, looking for any real mis-pricing opportunities. Keeping an eye on stocks showing strong support during the decline. Two small stocks I have positions in have held up strongly; AMM.AX and ASW.AX. If I had more time I’d dig into ELD and PSH as those knives keep falling and even trash bounces high if it’s compacted enough .









