Insightful Insights

For anyone reading this in New South Wales, I encourage you to consider a summer holiday at Hawks Nest. About 220km north of Sydney, both it and the neighbouring Tea Gardens offer many things; including beautiful beaches and bays, great seafood and a wonderful golf course. continue…

by David Buckland Posted in Insightful Insights.

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In recent months, the number of very successful investors doing ‘it’ themselves has surged.

So here’s a question:

Do you think the number of very successful investors will continue to surge when the market falls? continue…

by Roger Montgomery Posted in Insightful Insights, Investing Education, Value.able.

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Daily Journal Corporation (DJC) publishes newspapers and websites covering California and Arizona, as well as the California Lawyer magazine, and produces several specialised information services. Sustain Technologies, Inc. (Sustain), a wholly owned subsidiary, supplies case management software systems and related products to courts and other justice agencies, including administrative law organisations. These courts and agencies use the Sustain family of products to help manage cases and information electronically and to interface with other critical justice partners.

The company’s Chairman is none other than Charles T. Munger.  Here’s a transcript of his comments from last week’s DJCO Shareholders meeting.

We’ve copied it here raw and unedited, but there are many pearls. It’s long, so print it off and enjoy.

continue…

by Roger Montgomery Posted in Insightful Insights.

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Today’s blog post is an example of our investment process in practice, the result of which has enforced our commitment to investing in quality companies with bright prospects at attractive discounts to our estimates of their intrinsic value. continue…

by Ben MacNevin Posted in Insightful Insights, Intrinsic Value, Investing Education, Montgomery News and Updates.

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For reasons we can only marvel at, Montgomery Investment Management has attracted some incredibly talented individuals. Perhaps it’s the ‘learning with humility’ culture, or perhaps it’s the size and the associated ability to respond quickly and remain flexible. continue…

by Roger Montgomery Posted in Insightful Insights.

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Bentham IMF (ASX: IMF) has announced a material case settlement in the USA. It’s a result we feel validates their US expansion. continue…

by Ben MacNevin Posted in Insightful Insights.

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I thought it would be worthwhile to point out a particular niche in online retailing, more specifically – groceries. In FY14, Woolworths (ASX: WOW) alone sold $1.2 billion of groceries online, and this revenue is clearly in its infancy. continue…

by Scott Shuttleworth Posted in Consumer discretionary, Insightful Insights.

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Continuing on our NBN theme, the ACCC today announced their findings on the first of several reviews on TPG Limited (ASX: TPM). They were investigating a complaint that TPG – via its plans to deliver fibre-to-the-basement (FTTB) infrastructure – would be in breach of the ‘NBN level playing field’ provisions in the Telecommunications Act. These provisions are intended to give a monopoly-like status to NBN Co. continue…

by Scott Shuttleworth Posted in Insightful Insights, Technology & Telecommunications.

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Australian and US equity markets have been in a happy mood of late. The index seems to be able to move only in one direction (up), and volatility has dropped to levels not seen for some time. The picture below shows the US market; the Australian market is not too dissimilar. continue…

by Tim Kelley Posted in Insightful Insights.

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At Montgomery Investment Management, we are enamoured with companies that can exert pricing power. Yet with great power, comes great responsibility. continue…

by Ben MacNevin Posted in Insightful Insights.

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