High debt, wealth inequality, increasing automation, ageing population, and climate change are among the most significant structural headwinds the global economy faces today. What could this mean for equity investors?
Tag Archives | investing
What cost $1 in 1988 now costs $2.29 adjusted for inflation. We should make return calculations in real terms or we are deluding ourselves about investment performance over longer terms.
It’s too easy to look at a long-term chart of rising share prices and be reassured about performance. But adjusted for inflation, many of our largest companies have gone nowhere in half a century.
ETFs have grown rapidly in popularity and diversity, but like managed funds, not all products will survive for the long term and there are consequences if a small-scale ETF is closed by its issuer.
In many valuations, the ‘Golden Rule’ is being broken. Earnings growth is assuming the sort of strong economic activity that would trigger higher interest rates, yet investors are delinking the two.
For a Special 250th Edition, we asked: “What is an enduring investment lesson you learned from making a mistake?” and we received a wide range of responses that might prevent someone from repeating the same error.
A former professional footballer draws five lessons from his sporting life into his current career in finance. Success in one year in no way ensures that the next time will be any easier.
Sir Michael Hintze founded CQS in 1999 and it has established itself in London as a major credit-focused, global, multi-strategy asset manager with AUD20 billion under management. We chatted on his recent visit to Australia.
Platinum’s Kerr Neilson shares his insights into long term investing in global markets, especially the disruptive effects of technology and globalisation. And always with a focus on the price of a stock.
Howard Marks explains that he has never told investors ‘it’s time to get out’, and while he does not see bubble conditions, future returns are likely to be subdued based on current high prices.
Chris Cuffe has selected his favourite articles from five years of Cuffelinks, presented here in a free ebook.
In Episode #6, we discuss the Future Fund versus SMSFs, Telstra’s prospects, Geoff Wilson’s outlook, ETF trends, LIC reporting and the business case for the stadium rebuilds.
The weekly podcast covers behavioural economist and author Dan Ariely, an optimistic fund manager, a CIO profile, a thriving Aussie company, the Amazon impact and surprising tales from Kim Beazley.
Episode 4 focusses on the revival in retail stocks, goals based investing, global LICs, the Australian housing market, short selling, those pesky bikes on our streets and a practical use for Bitcoin.
Episode 3 focusses on the small cap rally, how to recognise good startups, Bitcoin, retirement spending, tourism, a new product misrepresenting its features and a Chris Cuffe classic from our archives.
This week in ‘Inside Investing’, James and I discuss fund manager expectations, Paul Keating on retirement and life expectancy, fixed interest risks, a2 Milk, quirky wills and remuneration.