Undoubtedly, your email inboxes are full of market predictions for the year ahead. Yet, forecasting the short term is exceeding difficult. I’ve found that it often helps to zoom out and look at long-term data to guide investment decisions.
A new report from Deutsche Bank, aptly titled ‘The Ultimate Guide to Long-term Investing’, can help with that. It ...
In December 2023, I made a bold prediction: returns from Australian shares would handily beat those from residential property over the next 10 years.
In that article, I explained how Australian housing was ludicrously priced, up to 40% overvalued. And that property was far more expensive than the ‘Magnificent Seven’ US tech stocks, which were richly ...
Every few weeks I get an email from somebody who’s been approached by a property promoter offering to “build them wealth” through an investment home. These people — often called property spruikers — make their money not from investment success but from the generous commissions they load into the deal.
They tell the potential victim that the guaranteed ...
On two big trends, President Donald Trump may well be right:
Nations must rebalance from aspirational wants towards foundational needs.
Nations can no longer depend on global support, so they must rebuild self-reliance. Trump’s own policies have accelerated these trends and made them more visible, but the seeds of both shifts predate his presidency by ...
Heightened geopolitical and economic uncertainty combined with a weaker US dollar have driven investor demand for gold as investors seek hedges against volatility and inflation, creating significant price momentum in 2025. With bond markets lacklustre and equities highly concentrated, investors across all regions from West to East have been party to ...
In a series of recent articles on firstlinks.com.au, Clime's John Abernethy has repeatedly returned to a favourite target: defined benefit (DB) pensions in the Commonwealth public sector. His commentary often features references to “hidden liabilities”, questionable forecasts, alleged actuarial errors and warnings of a looming fiscal crisis. He has ...
Airports have seen phenomenal traffic growth as people prioritise travel and experiences in the face of cost-of-living pressures.
The rate of growth in the near-term is seemingly not a demand story, but rather a question of whether airlines and aircraft manufacturers can keep pace with an insatiable demand to travel.
In the medium-term we expect demand ...
For two decades, the search box has been the undisputed gateway to the internet, a frictionless tool embedded in our daily lives. But this familiar landscape is undergoing a transformational change, driven by the rapid emergence of Generative AI (GenAI).
This evolution is forcing us to reconsider not just how we find information, but how the companies ...
As we near the end of the year, I thought I’d share my biggest lessons from 2025:
1. Good companies don’t necessarily make good investments
You can’t go wrong investing in good companies, right? It turns out, you can.
Globally, so-called quality stocks - characterised by high return on equity, stable earnings growth and low debt levels - have had one ...
Howard Marks is a billionaire debt investor and he’s the first to admit that he isn’t active in stock markets and is far from a tech wizard. However, he is a long-time observer of investor psychology and has successfully called out both the tech bubble in the 1990s and the subprime bubble which preceded the GFC.
Understanding bubbles
In his latest ...
“I do this for a living …” I plead in vain when confronted with the confident assertions of my be-suited friends in the big end of town mouthing off about residential property. Just because you are an expert bond trader, management consultant, CEO, banker or lawyer, doesn’t mean you know everything about residential property. I mean – do you live in a ...
Approximately 2.5 million Australians are projected to transition to life after full-time work (aka the retirement phase) within the next ten years, with 710,000 intending to retire in the next five years alone. For an industry managing $4.5 trillion in retirement savings, understanding these members is essential.
Four major research reports released ...
Undoubtedly, your email inboxes are full of market predictions for the year ahead. Yet, forecasting the short term is exceeding difficult. I’ve found that it often helps to zoom out and look at long-term data to guide investment decisions.
A new report from Deutsche Bank, aptly titled ‘The Ultimate Guide to Long-term Investing’, can help with that. It ...
In December 2023, I made a bold prediction: returns from Australian shares would handily beat those from residential property over the next 10 years.
In that article, I explained how Australian housing was ludicrously priced, up to 40% overvalued. And that property was far more expensive than the ‘Magnificent Seven’ US tech stocks, which were richly ...
Every few weeks I get an email from somebody who’s been approached by a property promoter offering to “build them wealth” through an investment home. These people — often called property spruikers — make their money not from investment success but from the generous commissions they load into the deal.
They tell the potential victim that the guaranteed ...
On two big trends, President Donald Trump may well be right:
Nations must rebalance from aspirational wants towards foundational needs.
Nations can no longer depend on global support, so they must rebuild self-reliance. Trump’s own policies have accelerated these trends and made them more visible, but the seeds of both shifts predate his presidency by ...
Heightened geopolitical and economic uncertainty combined with a weaker US dollar have driven investor demand for gold as investors seek hedges against volatility and inflation, creating significant price momentum in 2025. With bond markets lacklustre and equities highly concentrated, investors across all regions from West to East have been party to ...
In a series of recent articles on firstlinks.com.au, Clime's John Abernethy has repeatedly returned to a favourite target: defined benefit (DB) pensions in the Commonwealth public sector. His commentary often features references to “hidden liabilities”, questionable forecasts, alleged actuarial errors and warnings of a looming fiscal crisis. He has ...
Airports have seen phenomenal traffic growth as people prioritise travel and experiences in the face of cost-of-living pressures.
The rate of growth in the near-term is seemingly not a demand story, but rather a question of whether airlines and aircraft manufacturers can keep pace with an insatiable demand to travel.
In the medium-term we expect demand ...
For two decades, the search box has been the undisputed gateway to the internet, a frictionless tool embedded in our daily lives. But this familiar landscape is undergoing a transformational change, driven by the rapid emergence of Generative AI (GenAI).
This evolution is forcing us to reconsider not just how we find information, but how the companies ...
As we near the end of the year, I thought I’d share my biggest lessons from 2025:
1. Good companies don’t necessarily make good investments
You can’t go wrong investing in good companies, right? It turns out, you can.
Globally, so-called quality stocks - characterised by high return on equity, stable earnings growth and low debt levels - have had one ...
Howard Marks is a billionaire debt investor and he’s the first to admit that he isn’t active in stock markets and is far from a tech wizard. However, he is a long-time observer of investor psychology and has successfully called out both the tech bubble in the 1990s and the subprime bubble which preceded the GFC.
Understanding bubbles
In his latest ...
“I do this for a living …” I plead in vain when confronted with the confident assertions of my be-suited friends in the big end of town mouthing off about residential property. Just because you are an expert bond trader, management consultant, CEO, banker or lawyer, doesn’t mean you know everything about residential property. I mean – do you live in a ...
Approximately 2.5 million Australians are projected to transition to life after full-time work (aka the retirement phase) within the next ten years, with 710,000 intending to retire in the next five years alone. For an industry managing $4.5 trillion in retirement savings, understanding these members is essential.
Four major research reports released ...
