Buyer Beware
The bottom end of the ASX is a bad place to be. There is a huge party going on at the moment and it’s happening at the expense of household investors. I wanted to write something that I hope household investors (of which I am one) will find useful. My usual disclaimer applies here, I am …
10foot Scuttlebutt – November 2017 edition
Back with another version of scuttlebutt, and a few things I’ve seen or thought about recently. As usual, you are agreeing to my disclaimer, and the following represents some idle thoughts I’ve had about various businesses in recent times: Oliver’s Real Foods (ASX: OLI) Oliver’s is working smart financially. The company is selling and leasing back …
The Gig Economy, Round 2
I saw the gay marriage result today and that got me thinking about the gig economy and working conditions. What do gay people have to do with the gig economy? Not sure – but AMP’s Shane Oliver asserted on Twitter that workforce participation would likely pick up now that gay people can marry. Why would gay …
Why the life insurance industry needs Amazon
I was having a look at Freedom Insurance Group Ltd (ASX: FIG) after its plunge recently. 4x-5x EBITDA is the price level where 10foot gets interested, especially when there’s embedded value in the existing customers and commissions. Ultimately I’m not comfortable with the business model (cold calling) and probably won’t invest. Freedom is an insurance broker …
