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

This week, we attended the inaugural Coffee Microcaps conference, where we had the chance to hear from a bunch of interesting Micro-cap companies, as well as rub shoulders with some heavy-hitting private & professional investors. We run through our thoughts on all the companies that presented: Volpara (VHT), BlackWall (BWF), SkyFi (SKF), Kangaroo Plantation Timber (KPT), Locality Planning (LPE), XRef […]

During the week, Strawman member tomsmithidg kicked off a great discussion on “red flags”—those factors that can sometimes (but not always) urge caution for investors. A bunch of other members jumped in, fleshing out the conversation with an absolute goldmine of insights. This is exactly the kind of no-nonsense, experience-driven discussion that makes our community so valuable. These aren’t just […]

In his book The Unsettling of America, Wendell Berry sketches two archetypes: the nurturer and the exploiter.  “I conceive a strip-miner to be a model exploiter, and as a model nurturer I take the old-fashioned idea or ideal of a farmer. The exploiter is a specialist, an expert; the nurturer is not. The standard of the exploiter is efficiency; the […]

One of history’s most reliable recession indicators just flashed red, so what does that mean? Plus, we outline the investment case for (and against) Readcloud (ASX:RCL). We compare Hansen with Wisetech, and ask why the market values these two seemingly similar companies so differently. And, finally, we give a short lesson in valuation. For more great content, please visit us […]

Wall Street columnist Jason Zweig once remarked that his job is to essentially write the same thing 50 to 100 times a year, but in a manner that keeps it fresh for his readers. The reason, as Zweig points out, is that while markets are in a constant state of flux, the big ideas seldom change. “..while people need good advice, […]

This week, the Aussie market entered what is popularly called a ‘technical correction’ — that is, a fall of 10% or more from a previous high. In so doing, it wiped off all of the gains from the past year.  Exactly who decided that a 10% drop is a correction I have no idea, but it sure can seem pretty scary. You certainly […]

A recent article in the AFR proclaimed “Small caps are ripe for a comeback“, citing the relative underperformance of this space in recent years, and the potential for easier credit conditions later in 2024. It’d certainly be welcomed by those of us that play in this space. As discussed below, the Strawman Index has kept pace with the broader market […]

Timeless wisdom for better results