The Last Straw

Episode 18: WiseTech, Fluence, Promedicus and thoughts on leverage, recessions and position sizing

This week, we revisit Wisetech (ASX:WTC) following its cash grab; should investors participate in the capital raise? Also, we run the ruler over water specialist Fluence (ASX:FLC) and we ask whether fan favourite ProMedicus (ASX:PME) is now too expensive. Plus, we talk about the pros and cons of using leverage, why position sizing is so important to your returns and […]

The Rules of NumberWang

If you have never seen That Mitchell and Webb Look do yourself a favour this Christmas break and check some of it out.  One of my favourite skits of theirs is ‘NumberWang’. The running gag of a game show with glitz, glamour and indecipherable rules [-1.873]. I am lucky that my wife loved the show too.  She is a successful […]

The Art of Being Abstract

I’m not the fanciest person. I’m one of the last people you’d want to hear from if you wanted to know more about abstract art. There is, apparently, a Picasso hanging in the National Gallery in London called Fruit Dish, Bottle and Violin [1]. I know this because I looked it up (and just FYI, that’s an experience that will […]

Drinking from a fire hose

With the latest half-yearly reporting season now over, it’s a good time to reflect on our investments. At least, that is, in a more considered way than is possible in the heat of the moment. The spray of numbers, often coming from multiple companies on the same day, can be extremely hard to digest. It’s like drinking from a fire […]