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Last year, I wrote on Sir Alex Ferguson’s unique record as a sporting coach after 27 seasons at the helm of Manchester United Football Club. Earlier this week, Ferguson’s successor, David Moyes, was sacked ten months into a six year contract after Manchester United was eliminated from both domestic cup competitions and the Champions League. continue…

by David Buckland Posted in Insightful Insights, Value.able.

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Forget the Financial Crisis…Are we on the cusp of a global water crisis? continue…

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

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For companies that deal in capital-intensive vehicles, construction generally provides better growth opportunities than production. With large miners progressively shifting spending from capital expenditure to operating expenditure, the consequences are being felt by vendors. continue…

by Ben MacNevin Posted in Energy / Resources, Property, Value.able.

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Those of you have read anything or even, possibly, everything written about Warren Buffett, you would know that he has said many flattering things about Charles Browne and Forrest Tweedy and the brokerage-come-funds-management firm they founded Tweedy Browne LLC. continue…

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

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I have just returned from a short trip to the US, where I saw Bubba Watson win the US Masters at The Augusta National Golf Club. While this is indeed an extraordinary sporting event, I think I now have a better idea why US corporate profit margins (as a percent of nominal GDP) are at record-high levels. continue…

by David Buckland Posted in Foreign Currency, Insightful Insights, Value.able.

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Operational leverage can have a powerful effect on a company’s earnings, in both a positive and a negative sense. When considering an investment in companies with high operating leverage, you must be comfortable with the company’s ability to manage downside risk. continue…

by Ben MacNevin Posted in Insightful Insights, Value.able.

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Last week, you might have caught an article published in the Australian Financial Review by contributing editor and friend of mine Christopher Joye. I was also interviewed for AFR TV, the resulting video of which has recently popped up on the Fin Review’s homepage. Read the full article here.

by Roger Montgomery Posted in Value.able.

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As you can imagine, we are delighted when we read the newspapers or see interviews to find other fund managers speaking effusively about the individual companies we have owned shares in for some time. Recent examples include Veda and CoverMore. continue…

by Roger Montgomery Posted in Value.able.

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Are you looking for our January or March white paper reports?

You can find them via the links below:

January 2014: RECKON AND DULUXGROUP: DOUBLE EDITION WHITE PAPER REPORT

March 2014: BEYOND PRODUCTIONS AND THE QUESTION OF ECONOMISTS: DOUBLE EDITION WHITE PAPER REPORT

by Roger Montgomery Posted in Value.able.

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You know we love an Aussie success story.

With large scale manufacturing in apparent terminal decline, with the Asia Pacific hub of financial services rapidly gravitating to Singapore, and with our forward thinkers turning a cheaper and willing source of labour away, if we aren’t careful, we’ll soon be tilling the soil for foreign lenders and landlords, who took advantage of our low Australian dollar to pay us minimum wages that will never be enough to pay off the debt we accumulated to fund our profligate ways. continue…

by Roger Montgomery Posted in Value.able.

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