China has a notorious reputation from days gone by of making rubbish cars. For a country built on manufacturing you’d think they’d sort it out by now. But it looks like they might...
The amount of money hedge funds control exceeds US$300 billion. In 2012, this figure was closer to US$39 billion. A real question has to be asked. Do we even need hedge funds?
If we wind things back a little, 2G kicked off global communications. 3G brought us mobile internet. 4G gave us much faster speeds to send and receive data. It also made such data more secure.
Today, asset managers are again changing how they look at stock. Not only are they looking at charts and earnings expectations. Fundies are using mathematics to find non-correlated bets, risk adjusted returns or factor-based models.
There are no certainties in the market. But buying the market (it depends which market) is something that Warren Buffett often instructs his followers to do.
There are only so many hours in the day. Jack Ma, founder of Alibaba Group Holding Ltd [NYSE:BABA], found that out the hard way. If we look at places like China and India on an economic scale, both of these countries will learn the same lesson. What does this mean?
Companies like REA and Altium are not worth an unlimited price. And this is the hard part of investing: determining whether you’re buying a bargain or piling into an inflated multiple.
With the help of this amazing tool we could finally bring an end to the gamble of biotechs. It is by no means perfect, but it is a lot better than relying on blind luck. And for investors as well as the biotech companies developing new drugs it could be a revelation.
The best description of Australian politics over the last few decades is a ‘kakistocracy’. You may not know of that term but the Merriam-Webster dictionary defines it as, ‘Government by the worst people’. That sums up Australia’s political situation perfectly. And it doesn’t seem to be in any rush to change.
As an investor, trying to find profitable opportunities for readers of my investment advisory, Crisis & Opportunity, I realised that less is more. Too much information clouds your judgement. It’s just noise.