Insights
Australian Equities don’t deserve a special place in New Zealand investment portfolios
NBR Articles, Published 10th June 2025
Many New Zealanders have a substantial allocation to Australian equities.
Read MoreAre We In An AI Capex Bubble?
NBR Articles, Published 6th May 2025
The money being spent on AI-related capital expenditures is enormous.
Read MoreCould the United States become “Uninvestible”?
NBR Articles, Published 1st April 2025
When the BRIC share markets (Brazil, Russia, India, China) roared into life during the first decade of this millennium, many investors and fund managers deliberately stayed on the sidelines.
Read MoreQuality – one man’s trash, another man’s treasure
NBR Articles, Published 25th February 2025
It is important to distinguish between high-quality and low-quality companies.
Read MoreTesla is Extremely Over-Valued
NBR Articles, Published 21st January 2025
Tesla has a market capitalisation of US$1. 37 trillion, making it the eighth most highly-valued company in the world (behind Apple, Nvidia, Microsoft, Alphabet, Amazon, Saudi Aramco, and Meta).
Read MoreUS Equities are unusually expensive
NBR Articles, Published 26th November 2024
US Equities climbed to new highs earlier this month, seemingly buoyed by expectations that Trump’s tax cuts and tariffs will boost the profitability of US corporates.
Read MoreUnderstanding Equity Market “Style Factors”
NBR Articles, Published 22nd October 2024
The maxim that “birds of a feather flock together” often seems to apply as strongly to the share market as it does to ornithology.
Read MoreHow the flow of funds in the economy effects corporate profits
NBR Articles, Published 17th September 2024
Throughout the global economy, every time someone (or some entity) receives a cash inflow, someone else (or some other entity) is paying a cash outflow.
Read MoreAre the Cashflow Kings becoming Capex Kings?
NBR Articles, Published 13th August 2024
When the online & software companies that dominate the market today were overtaking the largest industrial & financial companies in terms of market capitalisation, one clear point of contrast had…
Read MoreRisk matters
NBR Articles, Published 2nd July 2024
Conventional finance theory typically describes investor preferences in the two dimensions of expected return and risk, where risk is measured in terms of the standard deviation of returns.
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