This article was first published by me on Talkmarkets: https://talkmarkets.com/content/stocks–equities/what-if-value-investing-is-a-little-bit-dead?post=214196
My conclusion is value investing has died to a small extent as it pertains to taking quantitative screening tools and using them to pick out large cap shares in well covered developed markets.
Continue reading “What If Value Investing Is A Little Bit Dead?”I am not sure where I first read of someone describing a buyback of the “Claytons” variety, but ASX Listed Investment Companies are relevant to this topic. Perhaps I first read about Claytons buybacks here. Since then though it is always in my mind when I look at certain companies release their buyback announcements, especially LICs. Continue reading “ASX LICs and Claytons Buybacks – Reviews of Argo Global Listed Infrastructure (ASX: ALI) and NAOS ASX LICs”
A simple game I used to like playing as a kid was spot the difference.
It is not unusual for ASX Listed Investment Companies (LICs) to play their own version of the game. Continue reading “Playing Games with LIC Performance Reporting.”
There are now well over 100 ASX LICs. I must have looked reasonably closely at the fee structures of more than half of the current crop and have noticed a couple with unusual structures. I would be interested in the view from others about these features, and also if other LICs follow a similar arrangement? Continue reading “Unusual Fees in LICs?”
I often mention to other investors that looking for opportunities in the ASX Listed Investment Company (LIC) sector has been part of my strategy.
A reaction I have had on several occasions from them is to bring up an example of a LIC boasting great performance figures.
Continue reading “SHOULD I INVEST IN ASX LICs VS MANAGED FUNDS?”
Advantages of these ASX LICs well documented from the likes of the Barefoot Investor and financial media in general.
The positives of the older, low fee ASX LICs I feel are very well known and covered. They have usually got a good run in the financial press from the likes of the Barefoot Investor and Peter Thornhill, and perhaps deservedly so. Some say they have had a positive influence on investors helping them with the behavioural aspects. i.e. sticking the course and seeing the benefits of compounding, highlighting dividend returns and benefits from not overtrading, including taxation benefits.
Now for the other side..
Now for the section where I might receive some negative feedback!
Continue reading “The other side to the older, low fee LICs.”
How to invest for a living?
Before you go “all-in” on a portfolio full of the highest franked dividend payers on the ASX, read below to consider being diversified from a political and taxation standpoint. Likewise maybe be wary of going “all-in” to other investments based solely on current taxation incentives in place.
When I come across articles about how Australian investors need more diversification it often does not refer to potentially changing tax laws. There is a bit of overlap with these themes but there are different issues to consider.
Continue reading “How can I potentially invest efficiently for tax in Australia?”
In a recent blog post I suspected that the latest ALI buyback announcement appeared to be of the Claytons variety. Claytons was a non-alcoholic drink but marketed in the 80s as “the drink you have when you are not really having a drink”. It was to give the impression you are out having a drink, but wasn’t quite the same. Continue reading “Management AIMS for a Claytons buyback?”