In which I discuss Energy One (ASX:EOL), how to assess management and small cap investing on the ASX.

I invest in small caps because I hope to compound my capital at high rates to change my life for the better.

My high conviction holdings drove my portfolio returns as usual, but some are better value than others, at current prices.

I’m pleased to have soundly beat the market in FY 2021, but there are a number of important lessons I can take from my performance…

The Little Book of Behavioural Investing by James Montier stresses the importance of being process focused as opposed to outcome focused…

Adding to losing positions is often a dangerous game, even for professionals. Here’s why my default position is to avoid chasing my losses as an investor.

In Claude’s second appearance on the Australian Investor’s Podcast, he and Owen share a two way discussion about how to analyse management.

Investing: The Last Liberal Art by Robert G Hagstrom is a fantastic book with the power to change the way you think about stock and shares.

It’s well worth understanding why rising interest rates are bad for stocks, and how they interplay with sociology.

Investing in stocks can be a stimulating and rewarding pursuit, but its important to be skeptical of Facebook stock pumps.

How do you make sense of earnings calls? Why is it useful to listen to results conference calls? What do conference calls tell us about management?

Ethical investing means a great deal to me; ethical investors are my favourite. However, it is often very misunderstood, and really only refers to people considering aspects other than financial returns. For example, one might legitimately consider the impact on the landscape of an area under consideration for development, but also the need to accommodate … Continued

Using the enterprise value to recurring revenue multiple we can get an idea about how the market ranks different software companies.

How do you know if an SPP will be scaled back or not? And if so, how can you estimate the severity of the scale back?

Some retail investors believe they cannot access management. While this is undoubtedly sometimes true you can frequently get a reply from leaders of small companies. Here’s some tips to make it happen. Get past gatekeepers. You need the manager’s direct email. If you cannot find it, guess it by learning the company’s email naming conventions … Continued

A Team, B Team, C Team…

It’s all very simple, but you’d be surprised how many people lose money on low quality story stocks that these 3 Quality checks would expose…

Recurring revenue vs ARR vs CARR: what are the differences?

Here are some answers to common questions about the mechanics of the markets.

Enterprise value divided by free cash flow = EV / FCF