Episode 20: Picking through the crypto wreckage, plus Woolies buy-back and financial shenanigans

Any investment that promises low risk and high returns is almost certainly a scam. It’s the financial equivalent of getting something for nothing — a fantasy that ends only in disappointment. In the real world, certainty comes at a price. And that price is lower returns. Think about it; if a largely ‘risk-free’ but high return investment were available, it would attract a […]

At bottom the ability to buy securities – particularly common stocks – successfully is the ability to look ahead accurately. Looking backward, however carefully, will not suffice, and may do more harm than good.” — Benjamin Graham The financial statements can tell you a great deal about a company, and any serious investor ignores them at their own peril. Revenue, margins, […]

The company delivers on its promise of positive operating profit

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 […]

Can a record result and accelerating growth push shares to a new high?

What should you consider before buying shares in a company?

Paradigm-shifting innovation always has its skeptics. It’s almost a rite of passage. Virtually all of our modern technological marvels — the things we today take for granted — were initially met with plenty of Fear, Uncertainty & Doubt (FUD). Steam power, electricity, radio, the internet are all great examples, but one less discussed tech revolution deserves special mention — simply because it seems so laughable […]

Discussion, analysis and investment ideas from three investing tragics