I spent a lot of time this week thinking about management quality. It was prompted mostly by a trip to Melbourne to meet with management at some of our investments.

It’s an odd feeling to be making strong positive returns, but to be left unsatisfied.

This week’s movement could well be described as the rally EGP forgot.

About two years ago, I made a rare diversion from the blogs usual focus on listed investments to give some brief views on the Australian housing market.

Eternal Growth Partners has turned 5 years old. I am hopeful I have at least 40 or 50 more years of running the fund ahead of me.

We had some good fortune this week that resulted in our setting a new all-time lead over the ASX200 of 67.37% since inception.

I have been teaching my daughter to drive for the last few weeks. It has brought risk-management and the art of learning to the forefront of my mind. My daughter is the third and last of our children to learn to drive. Some of the risk-management thoughts were prompted by the fact that I discovered […]

The portfolio metrics based on 31 December 2015 balance date and 11 March 2016 prices:

It was a significant week for EGP this week. After the 8^th strongest week in our nearly 5-year history, our total return after all costs/fees exceeds 100% for the first time.

Despite what I thought were some very impressive results from our announcing portfolio holdings, the EGP share price turned in an ordinary week.

I described the current market as a ‘Caspar Milquetoast Market’ last weekend, the market that ‘speaks softly and gets hit with a big stick’.

It was a very ordinary week for markets globally; the biggest weekly fall since five weeks ago…

Earning Seasons are the best time of year to be a fund manager. If you have done your job well, there will be a couple of nice surprises in your portfolio that the market hadn’t banked on and you’ll probably generate some outperformance, at least that’s the theory.

My Wife (Sue – for those who don’t know her) had her birthday this week. She is an amazing woman who is in very large part responsible for any success I have had in my life so far (in early 2018, we’ll have been together more than half of my life). I thought I might share with readers the trick to capturing such a valuable prize. Make no mistake; a quality partner is the most valuable prize you can win in life. Everything else is so much easier from there.

My time in Europe is nearly at an end. The history of Europe is always impressive to someone from a country such as Australia with relatively recent European settlement. North Americans I have spoken to one the trip seem to mostly share a similar feeling.