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

Here’s how to read the cashflow statement to figure out free cash flow…

Here’s how to calculate enterprise value accurately from the primary documents of an ASX company…

Sometimes data providers give the wrong information…

I’d sooner kick myself in the crotch than become someone who assumes that those who invest differently are clueless.

What does it mean when directors buy shares in a company?