As investors, there are many macro events we have to consider, both positive and negative. Since the election of Donald Trump, we’ve had to consider one more – the prospect of a war involving the US. Jumping at shadows is no way to invest, so the following should be read as pure postulation, a black swan event sharing its place on the probability spectrum with, say, a meteor hitting Earth. Continue…

by Roger Montgomery Posted in Market commentary.

• 6 Comments
• save this article
• 6
• POSTED IN Market commentary.

by Roger Montgomery's Team Posted in Old Content.

• Enter your password to view comments.
• save this article
• Enter your password to view comments.
• POSTED IN Old Content.

Reuben Zelwer and Craig Bigelow talk sharemarket averages and the state of the apartment market with Roger Montgomery.

by Roger Montgomery Posted in Radio.

• LISTEN
• save this article
• POSTED IN Radio.

As many investors have noted, iSentia Limited (ASX: ISD) delivered a poor earnings announcement yesterday. The Montgomery Fund and Montgomery [Private] Fund both hold positions in ISD, and so this is clearly disappointing for us.  The combined holdings amounted to less than 2% of the assets in those Funds before the announcement, so the damage was contained, but nonetheless, disappointing. Continue…

by Tim Kelley Posted in Companies.

• 34 Comments
• save this article
• 34
• POSTED IN Companies.

by Roger Montgomery Posted in Radio.

• LISTEN
• save this article
• POSTED IN Radio.

It’s painful watching the share prices of companies we don’t own rising, and doubly insulting watching the prices of those we do own declining.  For over half a year we, along with our investors, have had to endure this ‘new order’, in which cyclical businesses have been on a tear, while many quality businesses have been punished.  But looking at our performance over the longer term makes me confident we have the right strategy.

by Roger Montgomery Posted in Investing Education.

• 10 Comments
• save this article
• 10
• POSTED IN Investing Education.

Over the very long term, it has been shown that equities provide the highest return for investors, and yet most investors are not reaping the full benefit of these returns. Intuitively investors know the principles of buying low and selling high, however research confirms that most investors fail to execute on this basic premise – consistently underperforming the funds they invest in. Continue…

by Roger Montgomery Posted in Editor's Pick, Whitepapers.

• 11 Comments
• save this article
• 11
• POSTED IN Editor's Pick, Whitepapers.

We’ve had a pleasing reporting season thus far, and Carsales is one of our holdings that produced a great result.

by Ben MacNevin Posted in Video Insights.

• 2 Comments
• save this article
• 2
• POSTED IN Video Insights.