A Tale Of Two Markets
If you look at the performance of the broader Australian market since the GFC you see a market that has relative to other world markets been modest in its gains. The chart below looks at the performance of the S&P/ASX 200 against a variety of other markets. The lack of energy in the broader index…
Details
Being A Pig
One of the few books in my investment library that I still thumb through on a regular basis is Market Wizards – every other book gets read once and then dumped in the back of the bookshelf. One lesson that I took from Market Wizards was from Stanley Drunkenmillar who used to run George Soro’s…
Details
Returns Comparison
With the majority of world markets running hot I thought it would be interesting to compare last years returns for a handful of markets with their returns YTD. In the chart below I have looked at the value of $1 invested in each market for the 2014 calendar year and for the calendar YTD. This…
Details
A Tale Of Two Markets
In one of those wonderful dualisms that seem to accompany markets as prices go up people start calling for them to fall. The media of late has been awash with reports from various poorly performing fund managers as to why the market is about to crash.I understand the medias fascination with these voices – negativity…
Details
