The Year So Far
I am going to do a more extensive year in review in the next day or so but here is a primer.
I Love Survivor Bias
There are a few things that always catch novice market commentators out – little things such as volatility, narrative fallacies and one of my all-time favourites – survivor bias. The chart below is lifted from an article titled – These are the 20 best-performing stocks of the past decade, and some of them will surprise…
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Whats a Dividend Worth?
One of the things that is often overlooked in trading is the role that dividends play in wealth creation. I have posted before about the role of DRP schemes in bulking up returns over the long term and since it is a blisteringly hot day in Melbourne (actually too friggen hot to get in the…
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Here’s The Price to be Paid for Listening to ‘Armageddonist’ Predictions
Dire predictions of imminent stock-market doom are a recurring feature since the 2008 financial crisis, and one fund industry executive has had enough. Michael Cembalest, the chairman of market and investment strategy for J.P. Morgan Asset Management, rounded up apocalyptic predictions from a range of commentators, including famed investor George Soros, bond-market giant Jeffrey Gundlach,…
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Top 10 Global Markets
Source – Visual Capitalist
Is WeWork A Fraud
I offer the piece below not with any knowledge of WeWork outside of knowing that it is a serviced office group that is trying to pass itself off as a technology company but rather as an example of how brokers, analysts and commentators can become wedded to a narrative and that this marriage can be…
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The King Is Dead…Long Live The King
I saw the list below of the worlds most valuable technology companies and it did give cause to reflect upon my own assumptions. I was surprised to see MSFT at the top of the list – it didn’t seem that long ago that MSFT was being put out to pasture buried under the disastrous Steven…
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One Of These Is Not The Same
This post follows on in a somewhat tangential way from my earlier posting on the notion that retail is dead and there is a recession on the horizon – the chart action of retailers seems to show a different story. But financial journalists have bever been known to let facts get in the way of…
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