Episode 7: Envirosuite, ooh Media and Rocket Lab

Why higher prices are bad for stocks

It wasn’t a great week for the market, with the All Ordinaries dropping a further 3% from its August all-time high. And there’s plenty of reasons to be nervous.  The US Federal Reserve is winding back stimulus and signalling higher lending costs. China — our largest trading partner — is facing a potential credit squeeze and property market slump, while trade […]

Even the most serious of investors can’t resist a bit of scandal, rumor, and gossip.  The Australian Financial Review’s coverage of Mineral Resources (ASX:MIN) and WiseTech Global (ASX:WTC) — specifically, the controversies relating to the (alleged) behavior of their founder-CEOs — is perhaps proof of that. It’s almost enough to make New Idea look like the Harvard Business Review in comparison. Still, […]

Is now a good time to buy?

Medical imaging software provider Volpara (ASX:VHT) has delivered another set of strong results today, reporting financial results for the six months ending 30 September, 2019. Total revenue surged 197% to NZ$6.8 million, with subscription revenue up 148% to NZ$5.2 million. At the end of the period, Volpara’s level of annual recurring revenue was NZ$15.7 million, up from just NZ$4.8 million […]

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 […]

How to think about volatility

Tennis legend Roger Federer recently delivered the commencement address at Dartmouth university, and it’s well worth a watch. He is, as always, a class act. Roger isn’t exactly known for his investing prowess, although let it be noted he has had considerable success on that front. Over the years he earned around $130 million in prize money, but the majority […]