Pzena refer to it as fishing in the very cheapest part of the stock market. While a ‘value’ approach might look at the cheapest third of stocks on quantitative measures like price to earnings, Pzena ...

The $1.2 billion acquisition of convenience store operator OTR in 2024 coincided with the end of Viva’s post-covid share ...

Rising oil prices and steady interest rates dictated markets this week, prompting a shift from growth to defensive assets in ...

The super tax has caused an almighty scuffle, but for SMSFs impacted by the proposed tax, a big question remains: what should ...

Wide-moat Deterra Royalties DRR is an exception. Our wide moat for Deterra Royalties reflects its royalty on BHP’s Mining ...

FIRB approval is an obstacle. Santos is Australia’s largest domestic gas supplier and a major LNG exporter, and there are ...

The $3m super tax could be put down to the Government needing money and the wealthy being easy targets. It’s deeper than that ...

Benchmark: Underperformance is always relative, whether to your own portfolio, the sector or the entire market. It is ...

We think Virgin’s offer price reflects benign industry conditions that are unlikely to remain so good forever.

Little margin of safety in a world of rising risks.

Geopolitical challenges and intensifying environmental, social, and governance backlash, has led to a withdrawal of interest ...

China has fallen out of favor over the past several years. The market suffered double-digit losses in 2021, 2022, and 2023; ...