Episode 7: Envirosuite, ooh Media and Rocket Lab

Are shares good value?

“Life is really simple, but we insist on making it complicated” Confucius  The same could be said of investing, where the complexity bias — a logical fallacy which equates complexity with accuracy — results in a proliferation of highly detailed models and valuations.  But, to paraphrase Joel Greenblatt; if you can easily and simply explain why something’s a great business, and how […]

Is it time to take profits?

Modern economics is littered with ideas that are, frankly, wrong. Not obviously so, which is partly why they are so hard to kill. That, and the fact they tend to be politically comforting, at least in terms of their intended outcomes. That those outcomes would indeed be nice if achieved, and often come from the best of intentions, is not […]

Babe Ruth is one of baseball’s greatest players, but he also led the league in strikeouts. Over his career, he walked back to the dugout about one in every eight times he stepped up to the plate. And yet, he’s remembered as the GOAT. Why? Because when his bat did connect, it often left the park. 714 times, to be exact. […]

I was looking through the archives and realised that since starting Strawman, I’ve written something like 330 articles. Some of them I’m proud of. Most of them… not so much. Looking back, the difference is obvious. The good ones — the ones that still feel sharp — came from a place of genuine interest and conviction. I had something I […]

What is a share really worth?

This week, we discuss Paragon’s (ASX:PGC) profit downgrade, Nearmap’s (ASX:NEA) stellar performance and why Kip McGrath (ASX:KME) is Claude’s second largest position. Plus, Matt takes us through how he likes to prepare for earnings season, and why it matters.