Monthly Archives: October 2012

Update No. 83 – 26/10/12

I have linked many times previously to Scott Sumner’s blog; he is my favourite economics blogger, an enviable thinker.  His new paper on NGDP targeting (pdf) is a breath of fresh air, particularly how it envisions dealing with bail-outs & moral hazard.He also had a post a month ago about inflation and market perceptions.  As […]

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Update No. 82 – 19/10/12

Our holdings spiked up nearly 2.5% this week to a record high of $1.20803 per share.  This outpaced the not unimpressive weekly rise in our benchmark.  I don’t have too much more to say, except blame AGM season; a few of our holdings have presented well at AGM and consequently improved their recognised value at […]

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Update No. 81 – 12/10/12

I am an unashamed value investor.  Value dictates virtually everything I do (economically), I consider myself the textbook definition of ‘rational expectations’ with a personal skew away from value other market participants might place on intangibles like brands and others perceptions of them.  Utility for me derives almost exclusively from function.  I always purchase second-hand […]

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Update No. 80 – 05/10/12

Our opponent (the S&P ASX200TR index) soundly beat us this week, up nearly 2.5%.  Our holdings also advanced soundly, up 1.34% on the week, dividends have started rolling in, meaning we are growing our cash holding, as always with an eye to any opportunities that should arise. The benchmark is now within a hairs breadth […]

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