It has been a while since I have written or spoken about a2 Milk. I know that a lot of people either own the stock or at least have an interest in it. a2 for those that do not know, trades on the NZX under the ticker code ATM and on the ASX under … Read moreFinally, an a2 Milk Post!
The chart below is an illustration of the transaction I was talking about in Episode 50 of the podcast. You had a situation where European airline stocks got hammered after an outbreak of Ebola in North-West Africa. The market panicked and began to price in the spread of the virus to Europe. With extreme media … Read moreThe easyJet (LON.EZJ) Trade from 2014
I am basing what I am typing here off an amazing clip from the 1997 Berkshire Hathaway annual meeting where Warren Buffett and Charlie Munger were asked how they think about intrinsic value and the tools that they use to assess it. The full clip is at the bottom of this post. As I have … Read moreHow to think about intrinsic value? from Warren Buffett
I said on the last episode of the podcast that I would upload my notes I took on AWF Madison to the blog. You will find these below. These were notes that I used for a quick presentation I did to a shareholders group in Auckland. I used the notes as topics for discussion. Please … Read moreMy AWF Notes
Undoubtedly the biggest news on the NZX this week came from Pushpay. Pushpay are a company that we have spoken about in detail on the podcast in the past. In Episode 22 I had founder and former CEO Chris Heaslip. This blog post is also about Chris Heaslip, he resigned from his position as CEO … Read morePushpay, Chris Heaslip sell down
New Zealand King Salmon trades on the NZX under the ticker code NZK. The clue as to what they do is in the name, they grow salmon in Marlborough. It is a reasonably easy company to understand and get your head around the economics. They are a reasonably well-known company, they have been listed since … Read moreNew Zealand King Salmon (NZK)
The big news of the week and probably the month on the NZX was the IPO of Cannasouth. In a vibrant IPO market, this would not normally make too much news but it has made headlines for two reasons: It is the first IPO in New Zealand for the last 2 years. It is a … Read moreCannasouth (CBD), NZX first IPO in 2 years and first publicly traded Marijuana related stock
“Imagine for a moment that a friend of yours collects rare coins and you have the view that those coins are going to go down in value. So the way that you would short those coins is to call your friend and say, can I borrow a few of your coins? And he says sure, … Read moreBill Ackman’s Fantastic Definition of Short Selling