Many high-profile US tech companies – like Uber, Pinterest and Lyft – are about to see the expiry of their share lockups, which are akin to our escrows. If the past is anything to go by, this should lead to some precipitous share price falls. Continue…

by Roger Montgomery Posted in Companies, Technology & Telecommunications.

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Veronica Morgan & Chris Bates host the The Elephant In The Room Property Podcast with Roger joining to discuss how to apply the principles of value investing to the property market. Listen here. (60 minutes)

Here’s a snapshot of what you’ll learn from listening:

• How to identify the 3 phases to a boom in the market.

• Why a focus on the calibre of any asset is so important.

• How to apply the principles of value investing to a property purchase.

• What happens to prices when population growth in Australia is underestimated.

• Why access to credit & interest rates are the ultimate driver of asset price.

• When you know what something is worth, you know when you are paying too much!

• What is the impact on property prices with a slow down in construction?

by Roger Montgomery Posted in Podcast Channel, Radio.

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Investing is a commitment to a lifetime of learning. In an ever-evolving world, there are endless opportunities to improve your understanding of any subject. While personally I am still shifting up the gears as I move through this challenge, the most resounding message to emerge from experts such as Graham, Buffett, Munger and Marks is that a comprehensive risk management framework is fundamental to long-term success. Continue…

by Lachlan Mackay Posted in Editor's Pick, Investing Education.

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The recent, and well reported, examples of shoddy construction practices on high rise buildings have led some experts to warn that this is just the tip of the iceberg. The question for society is: who is responsible, and who should pay the costs of rectification? Continue…

by Andreas Lundberg Posted in Market commentary.

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In this radio program with Philip Clark, Roger discusses how pain in the property market weaves its way through other parts of the economy. The residential construction sector is one of the biggest employers in the country. What impact will the drop off in home approvals and construction have on jobs in that sector?  Listen here. (50 minutes)

by Roger Montgomery Posted in Radio.

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Outside of financial assets and property, very few items retain their value as they are passed from owner to owner. In fact most consumer items have a single owner and are used until failure or obsolescence. One segment of the market that is ironically bucking this historical axiom is luxury goods.  Continue…

by Amit Nath Posted in Consumer discretionary.

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In this interview on Money News, Roger and Ross explain the yield curve. An inverted yield curve occurs when short-term interest rates exceed long-term rates. With much of the world experiencing an inverted yield curve, is this a bellwether for an economic recession?

by Roger Montgomery Posted in Radio.

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In the lead up to the RBA’s first interest rate cut in several years, governor Philip Lowe noted the negative ‘wealth effect’ from falling house prices would be felt most acutely by those retailing motor vehicles and household furnishings. Continue…

by Roger Montgomery Posted in Consumer discretionary.

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