In this week’s video insight, I discuss the compelling features of the Aura Private Credit Income Fund. The fund has outperformed the stock market with zero volatility, providing a 9.64% compounded annual return over seven years, with no negative months, including during the COVID pandemic. The fund lends to small and medium-sized businesses in Australia, leaving a $400 billion opportunity left by big banks, while offering a diversified loan book and no lock-up period. I also highlight the first-loss structure that provides additional security for investors. Continue…

by Roger Montgomery Posted in Aura Group, Video Insights.

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This week, I had the pleasure of joining Gemma Dale on the nabtrade podcast, ‘Your Wealth’. We discussed how billionaire investor, Warren Buffett has recently made headlines with a huge selldown in Apple stock. As his cash pile grows, some are wondering whether it’s time to trim exposure to equities; we delve into if Buffett has lost his touch.

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by Roger Montgomery Posted in Podcast Channel.

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In this week’s video insight, I discuss Australia’s sluggish economic growth, marked by six consecutive quarters of gross domestic product (GDP) decline per capita – the worst result since the early 1980s, outside of the COVID-19 pandemic. I explore how rising interest rates and increased government spending have fueled inflation and exacerbated the ongoing cost-of-living crisis. I also share my personal investment approach, focusing on the Aura Private Credit Income Fund and the Aura Core Income Fund, which have provided strong returns despite these economic challenges.  Continue…

by David Buckland Posted in Economics.

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We have written frequently about the powerful and transformational potential of generative artificial intelligence (AI), as well as the risks for investors who mistakenly believe that returns to shareholders will equate to the benefits garnered by consumers and the world generally.  Continue…

by Roger Montgomery Posted in Technology & Telecommunications.

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The mood at this year’s Jackson Hole Economic Symposium, the annual gathering of the world’s top central bankers, hosted by the Federal Reserve Bank of Kansas City, was noticeably more relaxed. The message resonating through the picturesque landscape? The worst appears to be behind us.  Continue…

by Roger Montgomery Posted in Economics.

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BHP (ASX:BHP) reported FY24 results that were generally in line with estimates. As one of the most poured-over companies on the Australian Securities Exchange (ASX), the lack of any great surprise is, in itself, no great surprise. Revenue grew three per cent to US$55.7 billion, while underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) grew four per cent to US$29 billion, the latter being slightly above consensus of US$28.7 billion and driven by a one to two per cent increase in copper equivalent production and higher commodity prices, the latter helping to offset a jump in costs.  Continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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As we noted earlier last week, Guzman y Gomez (ASX:GYG) has wrapped up its first full financial year since going public with exceeding expectations and its prospectus guidance provided in May.  

The 26 per cent increase in network sales and 48 per cent rise in underlying earnings before interest, tax, depreciation and amortisation (EBITDA), which were both slightly ahead of prospectus forecasts has prompted house broker Barrenjoey to adjust its expectations upwards.  Continue…

by Roger Montgomery Posted in Companies, Stocks We Like.

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This week, I had a great conversation with Sean Aylmer on the Fear and Greed podcast about the latest reporting season. We discussed how analysts are reassessing their views on companies and the impact of outlook statements on forecasts for the next year. With interest rates staying higher for longer, some sectors are feeling the pressure. We also took a closer look at companies like ARB (ASX:ARB), REA Group (REA), Breville Group (ASX:BRG) and CSL Limited (ASX:CSL). Continue…

by Roger Montgomery Posted in Podcast Channel.

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