Global Equity Income

The three requisite features of every investment we make are: a premium yield; dividend sustainability; and a valuation margin of safety.

4 May, 2021 | 01:57pm
Global Equity Income

The three requisite features of every investment we make are: a premium yield; dividend sustainability; and a valuation margin of safety.

4 May, 2021 | 09:18am
Convertible Bonds

For our final discussion in this series, we hope to demystify the Greek letters that are key to understanding convertibles.

29 April, 2021 | 09:39am
Convertible Bonds

In our last discussion about convertible bonds, we covered the topic of valuation, and hope that we cleared up some of the complexity of the subject.

12 April, 2021 | 05:20am
Emerging and Frontier Markets

This time around the Fed won’t take away the punch bowl but will offer free refills...

30 March, 2021 | 11:58am
Convertible Bonds

Convertible bonds are less complex than you might think. We understand why some believe the asset class to be the domain of specialists.

29 March, 2021 | 01:42pm
Global Intrinsic Value

I wrote on the subject of profit margins last year in Margin Call and how we try to normalise them as part of our company evaluation.

3 March, 2021 | 02:26pm
Global Equity Income

The ascendancy of the growth style of investing over the last decade has been unusual in its strength and duration. There are now signs that the winds of change are blowing through global equity markets.

1 March, 2021 | 01:47pm
Global Intrinsic Value

Years of zero interest rates, central bank money printing and government bail outs appear to have created a stock market defined by speculative excesses.

17 February, 2021 | 03:06pm
Global Intrinsic Value

Although it now seems to be an old-fashioned notion, buying a share in a company used to be considered as an act of buying ownership of a future stream of income from a business.

10 February, 2021 | 03:07pm