Pressure has been mounting on many ASX LICs this year to address issues of sub-par performance and widening discounts to NTA. In some cases this has led to corporate activity in the sector that has subsequently seen strong returns in the shorter term for such LICs.Continue reading “5 FACTORS FOR PROFITING FROM ASX LIC TAKEOVERS AND WIND UPS”
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
Is value investing dead in 2021?
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?”
This blog post is referring to a very old study of Closed End Funds (CEFs) that I read this year. CEFs are the equivalent of what Australian investors usually refer to as ASX Listed Investment Companies (LICs). The study discusses in detail the typical life cycle of CEFs. It talks about why they often swing from premium to discount, and then back to NAV in a fickle manner. Continue reading “Have We Learnt Nothing from Investing in Closed End Funds / ASX LICs in the Last 30 Years?”
A checklist for buying ASX Listed Investment Companies (LICs) shares
A list of 10 factors to check as a guide when to buy, scroll down for further explanations on each.
Is there even such a thing as a simple passive investment strategy?
Before rushing into ASX index ETFs or index hugging low fee LICs, there are many behavioural biases to think about. I will explore below what you should think about first to better equip yourself to this popular strategy.
Firstly, let’s get started early with the obligatory Warren Buffett reference you always come across from any financial article in the media. (Hey at least I didn’t put it in the headline with a huge picture like most do). I consider a key driver behind the popularity of ETFs in recent times is due to media attention given to Warren Buffett’s Berkshire letter in 2013 that discussed a strategy for the trustee for his wife’s inheritance. Continue reading “ASX INDEX ETFs, LOW FEE GRANDFATHER LICs SIMPLE NOT EASY.”
Sometimes personally I feel the answer is no to both.
My digital detox I mentioned in early June had mixed success. I did get away from the smart phone and read some investment books, well via an iPad anyway, that I look forward to discussing more later. Working for myself requires plenty of discipline that I am still learning about and yet to fully master. I have done ok in this aspect but there is much improvement to be had. Continue reading “Is technology improving our productivity? Is that where we should invest?”