Insightful Insights
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Why Aussie Broadband fits our investment approach
Gary Rollo
August 13, 2026
In this video I discuss Aussie Broadband (ASX: ABB), a growing challenger in Australia’s retail broadband market with around 15 per cent of the NBN market across its retail and wholesale services.
The company has delivered double-digit organic sales growth alongside acquisitions, while increasing scale may support further growth and operating efficiencies. Earnings are expected to grow over the next two years, supported by a cashflow-generative business and relatively low gearing.
While concerns around competition from Starlink have recently weighed on the share price, I explain why the current valuation may offer an attractive entry point if ABB continues to execute on its growth strategy. continue…
by Gary Rollo Posted in Companies, Editor's Pick, Insightful Insights, Market commentary, Market Valuation, Popular, Small Caps, Stocks We Like.
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What happens next at the Fed matters
Roger Montgomery
August 12, 2026
If the S&P 500 is the dog that wags the global stock markets’ collective tail, then the U.S. central bank – The Federal Reserve – is the brain controlling that dog. What happens at the Fed matters to almost every investor around the world.
And those investors have grown accustomed to dancing with a Federal Reserve that provided reams of forward guidance, as well as a dependable feedback loop. When the Fed spoke, markets adjusted, and increasingly innovative monetary policy smoothed over any volatility. continue…
by Roger Montgomery Posted in Economics, Editor's Pick, Global markets, Insightful Insights, Market commentary.
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Australia’s energy contradiction
David Buckland
August 11, 2026
The Energy Institute’s “Statistical Review of World Energy” for 2025 provides an interesting snapshot of how the world’s energy is supplied and, importantly, where Australia fits into the picture. The numbers reveal just how dependent we (and the rest of the world) are on oil, gas, and coal. But most interestingly, this report raises questions about Australia’s approach to nuclear energy, coal exports and decarbonisation. continue…
by David Buckland Posted in Editor's Pick, Energy / Resources, Insightful Insights, Market commentary.
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MEDIA
The Australian – Global markets face reckoning as triple threat fractures appear
Roger Montgomery
August 10, 2026
In my latest article for The Australian, I explore the growing risks facing global markets as cracks emerge across technology, fixed income and inflation. With artificial intelligence (AI) investment increasingly circular, government debt climbing and inflation remaining stubborn, investors may need to prepare for a more volatile and challenging market environment.
Download here: Global markets face reckoning as triple threat fractures appear continue…
by Roger Montgomery Posted in Editor's Pick, In the Press, Insightful Insights, Market commentary, Market Valuation.
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The 60/40 portfolio: Is it dead, or is it dying?
Roger Montgomery
August 5, 2026
For some time now, I have been writing about the fundamental structural shift occurring in global asset allocation, and specifically, the figurative death of the traditional 60/40 portfolio.
For many years, the typical approach to wealth management and balanced portfolios was to allocate 60 per cent to growth equities for potential capital gains and 40 per cent to public bonds to provide stability and income.
When a recession struck and equity markets ran into headwinds, central banks cut interest rates, driving bond prices higher and shielding portfolio returns by offsetting stock market losses. continue…
by Roger Montgomery Posted in Aura Group, Economics, Insightful Insights, Investing Education, Market commentary, Market Valuation.
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WHITEPAPER
THE PROPERTY RUG PULL
Discover how proposed changes to negative gearing, Capital Gains Tax and holiday home tax rules could reshape property investing, and why investors may consider private credit as property returns become less certain and tax advantages diminish.
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Seeing red? Look at the bigger picture
Roger Montgomery
August 5, 2026
In this week’s Video Insight, I explain why market volatility is a normal part of investing. While market pullbacks can feel unsettling, history shows they’ve often been temporary and have regularly occurred even in years that finished with strong returns. The key is staying disciplined and keeping your focus on the long term. continue…
by Roger Montgomery Posted in Economics, Editor's Pick, Insightful Insights, Intrinsic Value, Investing Education, Market commentary, Market Valuation, Video Insights.
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MEDIA
ABC Newcastle Mornings – market concentration risks
Roger Montgomery
August 4, 2026
I joined Kylie Morris on ABC Newcastle Mornings to discuss the recent increase in market volatility and the shift underway beneath the surface of equity markets. We explored how years of momentum-driven investing and record inflows into index funds have fuelled the outperformance of a handful of large technology stocks, and why that trend may now be reversing. We also discussed the next phase of the artificial intelligence (AI) investment cycle, where investors are becoming more selective about which businesses are likely to benefit, as well as the sharp correction in South Korea’s technology sector as a reminder of the risks that can emerge when markets become concentrated.
Tune in from 33:30 here: ABC Newcastle Mornings continue…
by Roger Montgomery Posted in Economics, Insightful Insights, Market commentary, Market Valuation, Radio.
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A bullish investor’s reminder
Roger Montgomery
July 31, 2026
Every time the stock market stumbles a percentage point or two, headlines invariably scream the same ominous question: Is the big market crash finally here?
It’s easy to sympathise with investor nervousness, despite the S&P500 being less than three per cent from all-time highs. Tensions overseas are triggering spikes in energy prices as strategic reserves are depleted, inflation persists at rates well above central bank preferences, interest rates remain unpredictable, and tech valuations and AI-related spending seem perpetually stretched.
But look beneath the surface of recent market pullbacks, and a different picture emerges.
It helps to understand the mechanics of market volatility, which isn’t about predicting the exact day a dip will happen, but rather recognising the difference between run-of-the-mill turbulence and structural damage. continue…
by Roger Montgomery Posted in Economics, Editor's Pick, Global markets, Insightful Insights, Investing Education, Market commentary, Market Valuation.
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Right now, concentration is your portfolio’s biggest threat
Roger Montgomery
July 30, 2026
On the surface, markets appear remarkably resilient, so if you’ve felt a sense of calm looking at your portfolio performance lately, you aren’t alone.
But look beneath the surface and the structural fragility you’ll see in valuations, government debt, and global trade makes holding a narrow, concentrated equity portfolio (including any portfolio largely invested in index ETFs) one of the more dangerous bets an investor can make right now. continue…
by Roger Montgomery Posted in Economics, Editor's Pick, Global markets, Insightful Insights, Intrinsic Value, Investing Education, Market commentary, Market Valuation, Popular, Technology & Telecommunications.
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Summarising my current AI thesis – Part 2
Roger Montgomery
July 27, 2026
How to respond
Across my articles and media commentaries, I have emphasised that preparing for an artificial intelligence (AI) re-pricing is not about timing a top or shorting tech, but rather about protecting capital through discipline, factor balance, and liquidity.
There are five primary strategies to insulate an investment portfolio from an AI re-rating:
- Diversify away from equity index heavyweights
Broad, passive equity indices (such as the S&P 500 or Nasdaq) are historically concentrated. Passive flows into index funds mean a significant portion of an investor’s exposure is tied to six or seven AI-driven mega-caps.
Rebalance away from broad index funds that leave up to 60 per cent of equity risk tied to the AI trade. Investors might also consider locking in recent gains and diversifying equity exposure across unsung, non-AI themes. continue…
by Roger Montgomery Posted in Aura Group, Economics, Insightful Insights, Investing Education, Manufacturing, Market commentary, Market Valuation, Technology & Telecommunications.
