What two investing insights would you give your 20-year-old self?

Hamish Douglass, Magellan Asset Management Hamish Douglass My central advice would be that successful investing is about finding and then owning for the long-term companies that can generate excess returns for years to come. It’s not about looking for stocks that might come into short-term favour on stock markets. The worthwhile companies to own for…

Australian equity valuations not overvalued says RBA’s Kohler

By William McInnes  13 Dec 2018  Australian Financial Review The Reserve Bank of Australia says Australian equities are not overvalued and highlighted the outperformance of equities compared to other asset classes over time. Speaking at the Australasian Finance and Banking conference in Sydney on Thursday, the central bank’s head of domestic markets, Marion Kohler, said…

A window into a Bitcoin mining hub

China’s secret Bitcoin mine Mining digital gold by Lisa Murray  7 July 2016   Australian Financial Review In a bamboo hut at a restaurant in the middle of China’s Sichuan province an unlikely industry gathering is taking place. A large sunken pot of spicy broth is bubbling away on the table which is cluttered with…

Buffett warning on stock trading

  Buffett warns of liquidity curse, celebrates property bet Warren Buffett, the billionaire chairman of Berkshire Hathaway Inc. (BRK/A), cited a farm he’s owned since 1986 to caution individuals against frequent buying and selling of stocks. Investors should treat their equity holdings like real estate purchases, focusing on the potential for profits over time rather…