Investment Publications

Quarterly Commentaries

Hold Cash and Keep a Shopping List, September 2011 (pdf, 258kb)

Cold Hard Cash, June 2011 (pdf, 137kb)

Unknowns, March 2011 (pdf, 146kb)

Dutch Disease, December 2010 (pdf, 141kb)

Blackmores, September 2010 (pdf, 134kb)

Second Chance?, June 2010 (pdf, 133kb)

Buying Great Businesses, March 2010 (pdf, 149kb)

Irrational Exuberance?, December 2009 (pdf, 138kb)

Lessons of the GFC, September 2009 (pdf, 137kb)

Green Shoots?, June 2009 (pdf, 136kb)

Prepare; Don't Predict, March 2009 (pdf, 140kb)

Buying into Forced Selling, December 2008 (pdf, 144kb)

Watch the Playing Field, not the Scoreboard, September 2008 (pdf, 136kb)

Oil, June 2008 (pdf, 139kb)

Market Volatility, March 2008 (pdf, 146kb)

US Recession?, December 2007 (pdf, 139kb)

Client Letters

Investment Psychology & Debt, 12 March 2008 (pdf, 55kb)