Episode 7: Envirosuite, ooh Media and Rocket Lab

Dicker Data’s (ASX:DDR) First quarter results were better than expected

Ben Hunt, former hedge fund manager and creator of Epsilon Theory, once wrote that a bet is a tax on bullshit. It is a sharp and accurate reminder that opinions are free, narratives are endless and forecasts cost nothing to produce. Talk demands nothing. A bet, however, demands everything. It requires sacrifice. It forces you to risk something you value […]

I recently re-read Robert Pirsig’s classic “Zen and the Art of Motorcycle Maintenance: An Inquiry into Values“. Penned in 1974, it’s a philosophical reflection on values and the art of living. I highly recommend it. What has that got to do with investing? Well, as it turns out, a lot—at least in my opinion! Here are some of the insights from […]

Charlie Munger once said “show me the incentive, and I’ll show you the outcome“.  A great example comes from 1860s, when the British contracted ship captains to transport convicts to our sunny shores. Back then, the survival rate of those poor souls was a miserable 40%. Human rights weren’t exactly a high priority, but most still felt that allowing 6 […]

Shares in med-tech developer Polynovo (ASX:PNV) have doubled in the past year, driven by surging sales in its patented Novosorb product. More recently, the company revealed its first “million dollar month”, with sales for April ostensibly bringing the business to break-even on a monthly basis. What does the business do? Following a business restructure in 2014, Polynovo is focused on […]

In this, our finale episode for the season, Claude takes us through the investment case for Vista Group (VGL), and we reminisce about past episodes and stock picks. For more great content, please visit us at www.strawman.com, www.mattjoass.com & www.ethicalequities.com.au Email us at [email protected] And find us on Twitter @sage_simian @mattjoass @claudedwalker Return to the Strawman Platform here Strawman is Australia’s premier online investment club. Join for […]

They say stocks take the stairs up, but the elevator down. That is, gains are steady and incremental, but losses tend to be sudden and sharp. That’s generally been true for billing software developer Hansen Technologies (ASX:HSN), though earlier this month the share price seemed to catch a rocket: Igniting the boosters was news that Hansen had acquired Canadian catalog […]

Investing, for all its spreadsheets and metrics, is largely an emotional game. We dress it up in the language of rationality — discounted cash flows, valuation multiples, risk-adjusted returns — but under the surface, it is a theater of human psychology. And at the center of this drama sits one virtue, unglamorous yet essential: patience. Not the passive kind of patience, the […]