We recently published a blog post here showing that all of Berkshire Hathaway’s alpha between 2016 and 2023 came from just one stock – Apple. Without Apple, Berkshire would have underperformed the S&P 500. 

I know firsthand how challenging it can be to invest in equities. Pursuing exceptional returns requires the ability to identify rare out-performers and the discipline to hold them through inevitable market turbulence. Continue…

by Roger Montgomery Posted in Investing Education.

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This week, I spoke with Phil Clark on ABC Nightlife about the latest moves from the Trump administration and their impact on the U.S. economy. We looked at how markets are reacting to Trump’s 90-day tariff pause amid ongoing policy flip-flops that are shaking investor confidence. With stagnant Gross Domestic Product (GDP) and supply chain disruptions, the equity market outlook remains challenging. We also discussed the strengthening euro as U.S. exceptionalism fades. Continue…

by Roger Montgomery Posted in Radio.

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The U.S. economy and stock market are teetering, according to Federal Reserve Chair Jerome Powell and billionaire hedge fund manager Paul Tudor Jones. Together, they warn that aggressive tariffs and a cautious monetary policy result in the economy and market facing heightened inflation risks, unemployment, and a downturn. Continue…

by Roger Montgomery Posted in Market commentary.

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I recently joined Paul Turton on ABC Newcastle Mornings to discuss current market volatility and what investors might expect under a Labor government. Continue…

by Roger Montgomery Posted in Radio.

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On May 3, Warren Buffett announced his retirement. Here’s my dictation (abbreviated) of his announcement:

“The time has arrived where Greg should become the CEO of the company at year end, and I want to spring that on the directors effectively [of Berkshire Hathaway]”. Continue…

by Roger Montgomery Posted in Companies.

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In this weeks video insight, I discuss two schools of thought regarding stock market forecasts for 2025 – one cautious, the other more hopeful. Continue…

by Roger Montgomery Posted in Video Insights.

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In a May 2025 letter to clients entitled ‘Brace for Impact’, Perpetual Asset Management Australia (ASX:PPT) echoed the cautionary sentiments of legendary investor Paul Tudor Jones, warning investors to “brace for impact” as markets fail to price in an economic slowdown already underway.

Their letter highlights a precarious optimism in U.S. equity markets, despite looming threats from trade wars, elevated valuations, and diminishing diversification from traditional safe havens like U.S. treasury bonds. Continue…

by Roger Montgomery Posted in Global markets.

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In response to Life360’s (ASX:360) March 2025 Quarterly update released on Monday 12 May, its share price has jumped 18 per cent from $23.58 to $27.85 in the past two trading days. Continue…

by David Buckland Posted in Companies, Stocks We Like.

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