Episode 16: More results — Wisetech, BWX, Kip McGrath & more, plus is Australia headed for recession?

Is there more pain to come?

There’s a lot to love at the smaller end of the ASX…

This week, the Reserve Bank of Australia cut interest rates by 0.25%. A quarter of a percent. One part in four hundred. And judging by the media’s reaction, you’d think we’d just discovered cold fusion. The headlines were breathless. The analysis was feverish. Pundits on TV, eyes bulging, declared that relief had arrived! Struggling homeowners could breathe again. Businesses would now, […]

Accounting may not be the most enthralling of topics, but some basic literacy here is vital if you fancy yourself a stock picker. As Buffett put it: “You have to understand accounting and you have to understand the nuances of accounting. It’s the language of business and it’s an imperfect language, but unless you are willing to put in the […]

This week we lost one of the greats. Only one month shy of his 100th birthday, legendary investor and polymath Charles Thomas Munger departed this mortal coil. He had a rich and varied life with pursuits spanning law, mathematics, architecture — and much more besides. He witnessed first hand incredible societal and technological change and, of course, amassed a giant […]

A world class deposit and rising production put Pilbara on a sound footing

No matter what approach you take with investing — and here at Strawman we’re certainly a broad church — it’s impossible to avoid the narrative bias. That is, our tendency to interpret a set of facts or events in terms of a story. A story helps us connect things together, and gives them meaning. It sets out an arc that helps us make predictions […]

“10-baggers” — stocks that appreciate ten-fold in value — are the stuff of dreams. Especially when the gains are delivered in a relatively short space of time. Sure, they don’t come around too often, but they’re perhaps not as rare as you might think: according to S&P, there have been no less than 52 stocks on the ASX that have […]

Is there more pain to come?

There’s a lot to love at the smaller end of the ASX…

This week, the Reserve Bank of Australia cut interest rates by 0.25%. A quarter of a percent. One part in four hundred. And judging by the media’s reaction, you’d think we’d just discovered cold fusion. The headlines were breathless. The analysis was feverish. Pundits on TV, eyes bulging, declared that relief had arrived! Struggling homeowners could breathe again. Businesses would now, […]