Episode 11: Audinate, Volpara, Dicker Data, locality Planning and listener mailbag

Does the recent pull-back represent a buying opportunity, or do shares have further to fall?

The last few decades have seen a sharp and prominent rise of software companies whose business models revolve around largely upfront development and marketing costs followed by ongoing recurring revenues. They have been dubbed as software as a service (SaaS) companies and there is no doubt that this has been a buzzword in recent times, justifiable or not. Often the […]

I bought my first shares in November 1985, the 40th anniversary is here!!—here’s what I learnt since, sometimes the hard way! Through the various cycles, events and characters, the journey and outcomes have been an intriguing, rewarding and interesting way to spend time. Below, I have attempted to avoid, firstly, pointing out stocks you should have bought, as there are […]

Financial pundits tend to have a hot take on every stock and a strong view on every market turn. And the louder and more certain the opinion, the more credibility it seems to carry. If you can’t dazzle them with brilliance, baffle them with bullsh*t! Whatever you do, allow no room for uncertainty. The market’s full of folk who are […]

In preparing for this week’s update, I was considering rehashing an older piece I’d written a few years back. Why not? All the big ideas in investing are timeless and as relevant today as when they were first conceived.  (More to the point, I was running desperately short on time and — as usual — was struggling to think of something original […]

We’ve seen a solid start to 2023, with the market as a whole already up by more than 6%. Some of the gains in the small-cap space have been far more impressive. Those that have enjoyed the biggest recoveries have tended to be ones that have reported: Strong balance sheets Positive (or at least improving) operating cash flows Sustained sales momentum […]

If you could fold a piece of paper just 42 times, it’d be thick enough to touch the moon. Fold it 52 times further and it’d reach across the entire observable universe.  Exponentials break your brain, and thinking in those terms doesn’t come naturally. Still, most investors tend to get it, at least as it applies to compound returns. But there are […]

An informed investor is a successful investor…