This week, we cover off more earnings results, including Wisetech (ASX:WTC), BWX (ASX:BWX), Kip McGrath (ASX:KME), MSL Solutions (ASX:MPW) & Dicker Data (ASX:DDR). Plus, we talk macro and ask if Australia is headed for a recession…
Episode 16: More results — Wisetech, BWX, Kip McGrath & more, plus is Australia headed for recession?
Investing won’t make you rich
Investing won’t make you rich. Not on its own. Done right, it will certainly help grow your money — and, over time, that growth can be considerable. But if you really want to build enduring wealth you should also focus on saving. That’s the fuel on which the fire of compounding burns. If you can scrape together $2,000 and invest that for a […]
Profiting From Volatility
With most companies issuing results this month, it’s a busy time for investors. And, given some of the volatility these results can induce, it’s also a period that can test your nerves. Sometimes the market’s reaction is perfectly rational. But not always, at least not in the context of how a long-term investor would appraise things. A good example lately is […]
Making Your Own Luck
You might have heard the tale about the fund manager with a quirky hiring practice. Each time he needed a new analyst, he’d begin by taking half the resumes and — without even a glance — tossing them straight in the bin. His rationale? “I don’t hire unlucky people.” Now, while this story is almost certainly apocryphal, there’s a twisted […]
AI and Exponential Progress
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 […]