"If it becomes necessary" time?BY BENJAMIN ONG | MONDAY, 4 JUN 2012 2:24PM The more equities drop, the more we get closer to "if it becomes necessary" time for our friend Ben to provide some stimulation. Stop looking. There are no ifs, no ands, no ors ... Upgrade your subscription to access this article
Join the growing community of private wealth specialists and family offices
with unlimited access to our latest news, research and analysis of the industry.
Become a premium subscriber today. |
Latest News
Bill Gates to shutter Gates Foundation in 2045
Bill Gates says he will give away all his wealth over the next two decades and close the Gates Foundation permanently in 2045 - many decades ahead of schedule.
Alvia scoops up majority stake in ice cream cone maker
Alvia Asset Partners has acquired a majority stake in Altimate Foods, Australia's largest ice cream cone manufacturer, in partnership with the company's founding Rizzo family.
Family offices favour real estate: Study
The world's richest families love to invest in real estate more than any other asset classes, a new analysis shows, as more than half feature property in their portfolios.
Collectables market reaches $17bn: Report
Australia's booming collectables market has reached $16.8 billion, a new study from eBay Australia shows.
Further Reading
Cover Story
Hyper focused on change
JOHNNY KAHLBETZER
CHIEF EXECUTIVE OFFICER
KAHLBETZER INVESTMENTS PTY. LTD
CHIEF EXECUTIVE OFFICER
KAHLBETZER INVESTMENTS PTY. LTD
It's widely accepted though oft-debated that two seemingly contradictory things can be true at the same time. Take Johnny Kahlbetzer's approach at Twynam Group, for instance. It's true that Kahlbetzer believes ESG to be "fluffy bullshit" - it's also true that he is a very active ESG investor.
Expert Feed
Investing for impact loses some appeal, more education needed
While the appeal of impact investing declined in 2023, with investors generally less willing to give up returns in order to make an impact through investing ...
Family office use of wealth manager predictions
As part of my role on the investment committee for various family offices, I regularly interact with wealth managers.
Succession planning for family businesses
The greatest wealth transfer in history-from Baby Boomers to younger generations-is underway.
Why affluent families are flocking down under
Australia has regained the top spot in New World Wealth's 2023 list of destinations forecast to enjoy the highest net inflows of high-net-worth individuals ...
A good reminder as why it's more useful as an investor to concentrate on what is, rather than what ought to be. I have always maintained that a 'focus on the long term' is unlikely to be a sufficient strategy for profit without some very careful asset selection in this market. Why? because many asset prices continue to reflect the expectation for intervention that Ben refers to, preventing the otherwise compelling valuation levels that ordinarily present themselves during times of market stress. It's the effective removal of this valuation risk (and the subsequent ramping up of multiples latter in the cycle) that is a key dynamic for the "profits over the long term" mantra. Without that there is little to drive those so called 'long term returns'. review you history people.