Valuations of technology companies are driven by both external and internal factors, but it’s still more art than science. There’s no magic formula amid the guesswork but there are some basic principles to follow.
Tag Archives | investing
Road cycling has an enthusiastic following among the corporate set, particularly within the investment community. Investing and cycling have much in common, especially after sitting in the saddle for a few days.
Being a long-term investor isn’t always about holding securities for a long time. It’s more about being able to make investment decisions that optimise the long-term result.
Portfolio managers and goalkeepers feel the need to do something, but an awareness of this action bias may help them recognise that inaction can be an optimal strategy.
Nassim Taleb argues we live in a fat-tail world where extreme events are common, while our ability to predict them is nil. Superannuation funds should run extreme stress tests and manage the results.
* Bryce Courtenay ran writing classes for aspiring writers, and two tips stand out as equally relevant to investors.