Quarterly Review: Q3 (March) FY 2019
The end of March marks two years of the 10foot portfolio. It has not gone as expected and I have been doing a lot of thinking in the past few months. There are also some big changes to the portfolio, most notably converting it to a unit basis (measuring value per fictional “unit” instead of …
Private Markets Hide All Manner Of Sins
A number of notable companies and investors today appear largely unaware of the relationship, and potential disconnect, between growth and financial sustainability. It is all well and good to own part of a technology firm that is growing revenue and users rapidly and burning cash. It is also fine to systematically bet on small tech co’s …
Down 95%: Oliver’s Real Foods
There’s been some water (mostly radioactive) pass under the bridge since I last wrote about Oliver’s Real Foods (ASX:OLI). I’m sitting on I believe my first ever position that is down 95%. It’s worth a brief recap of how things got to this point. After my earlier presentation, I felt that the company was on the …
