My colleague Luke Durbin recently wrote a great blog post on how a DIY investor can search for investment ideas on the ASX. It makes a lot of sense for an Australian investor to focus on ASX listed equities (particularly if their time or effort is limited) given that we have much better visibility and exposure to these Australian companies. Because of this we often can understand a company better, how they operate, what their market is and what their growth prospects are.Details
The ASX is currently undertaking a public consultation for feedback on a proposal to place stricter regulations on small companies trying to list on the ASX, particularly those with little or no revenue. While the changes aren’t significant, it creates an interesting debate around what the role of the ASX should be between companies seeking capital, and the investing public willing to provide it.Details
Here at Farnam we are always on the lookout for companies that represent value from a fundamental perspective. While companies like this can come in many forms, often the best place to start looking is with the classic “turnaround” story.
We’re all familiar with the idea; a company that has been beaten down by the market makes a strategic decision to implement change and attempt to find new avenues for growth. It often comes in the form of divesting non-core assets or making an acquisition of another business.Details
While reading Josh Durbin’s great blog post on the lithium boom we are currently experiencing, I began thinking about the on-coming disruption that will come from electric vehicles. There is no doubt that as electric vehicles become as cheap as their petrol-based counterparts, we will see a worldwide trend towards electric vehicles and clean energy in general. Obviously this will cause massive disruption for the oil industry and car-makers who can’t adapt with an electric product, but while doing research on the topic I came across a much bigger disruption coming in the near future; driverless cars.Details
For over a decade, more than 30,000 people from around the world have descended into the small town of Omaha, Nebraska in the USA to listen to arguably the best investor of modern times, Warren Buffett.
Buffett, often referred to as the “Oracle of Omaha”, is the CEO and largest shareholder of Berkshire Hathaway, the largest investment company in the world. The Berkshire Hathaway AGM is held in April every year and has slowly become the “Woodstock for Capitalists”, as shareholders of Berkshire Hathaway are able to pick the brains of Buffett and his investment partner Charlie Munger for several hours.Details