This newsletter generally focuses on growth-oriented shares because they tend to produce better returns over time and the gains are more tax efficient – at least in NZ where there is n ...

Having scale can bring plenty of benefits for companies and having scale internationally offers even more. Engineering consultancy Opus International Consultants (NZ: OIC) has fou ...

Occasionally I will change the format of the newsletter to go into more depth on a particularly significant topic. This week I have decided to reproduce a summary of findings about the resource c ...

I get nervous when a company’s profits are widely forecast to rise strongly, making its shares appear cheap, yet its price continually weakens. That is the situation for the resour ...

I noted recently that some types of retailers, particular general merchandisers and department stores, are struggling because of changing consumer patterns. These patterns are bei ...

The global financial crisis delivered some sharp shocks to many people and businesses, but most setbacks have been relatively short-lived. One significant change that affects almos ...

It never ceases to amaze me how the price of shares in even very good companies move from loved to loathed, only to move back into the loved category once again. These patterns oc ...

It’s been a fantastic decade for resources and the ‘supercycle’ of prices rises is not yet over. However, the rate of growth is likely to slow as some of the biggest consumers, notably China, see thei ...

I am a tennis fan and enjoy watching the big names play at the Australian Open in Melbourne from time to time. I went this year, after a break of three or four years, and of course c ...

I’ve learned the hard way that, when my opinions differ from what my valuation models are telling me, I should trust the models. One reason for this is that my 9 Key Criteria of ...