Dodge the recession with essential infrastructure

Posted by:Intelligent01 1224 days ago • Discuss • http://blog.intelligentinvestor.com.au

Politicians and a few eternally optimistic property spruikers are about the only ones still pretending we’re not headed for recession. As increasingly dire unemployment numbers come out, more and mor READ MORE ...

recession       infrastructure       toll roads       a            

12 Management Red Flags You Need to Know | VALUE

Posted by:Intelligent01 1260 days ago • Discuss • http://blog.intelligentinvestor.com.au

To generate high returns, you need the right product and to be free from excessive competition. But ultimately a company is only as good as the decisions it makes, so management and corporate culture READ MORE ...

management red flags       business strategy       ceo       shareholder interests            

McCarthy Won't Save Fairfax | BRISTLEMOUTH

Posted by:Intelligent01 1260 days ago • Discuss • http://blog.intelligentinvestor.com.au

Brian McCarthy has arrived to save the day at Fairfax. Wish him luck. READ MORE ...

fairfax       brian mccarthy       media       newspapers       decline of newspapers            

Will recession mean an end to the baby boom? | BRISTLEMOUTH

Posted by:Intelligent01 1260 days ago • Discuss • http://blog.intelligentinvestor.com.au

Australia set a record for the number of babies born in 2007. Will recession mean an end to the trend? READ MORE ...

recession       baby boom            

Rio Shareholders Have Themselves to Blame | BRISTLEMOUTH

Posted by:Intelligent01 1280 days ago • Discuss • http://blog.intelligentinvestor.com.au

Rio Tinto shareholders will vent their anger as the share price plummets, but they only have themselves to blame. READ MORE ...

rio tinto       bhp       merger       tom albanese            

Has Macquarie Forgotten its Model? | BRISTLEMOUTH

Posted by:Intelligent01 1280 days ago • Discuss • http://blog.intelligentinvestor.com.au

Macquarie's half-year result was better than expected but was still a slap in the face for long-term supporters. READ MORE ...

Prepare yourself for a 20-year bear market | BRISTLEMOUTH

Posted by:Intelligent01 1307 days ago • Discuss • http://blog.intelligentinvestor.com.au

If your financial security depends on the All Ordinaries surpassing its 1 November 2007 close of 6,854 any time soon, you might want to reconsider your retirement plans, because there’s a real risk t READ MORE ...

corporate profits       bear market       p/e ratios       resources boom       blue chips       investment strategy       income securities            

The end of the financial crisis | BRISTLEMOUTH

Posted by:Intelligent01 1307 days ago • Discuss • http://blog.intelligentinvestor.com.au

We may still be headed for recession. There may still be plenty of bank loans ‘go bad’. But the risk of systemic failure has been eliminated by the largest government bailout in the history of financ READ MORE ...

macqaurie       financial bailout       financial crisis            

Reserve Bank Cuts Interest Rates | BRISTLEMOUTH

Posted by:Intelligent01 1307 days ago • Discuss • http://blog.intelligentinvestor.com.au

Today’s 100 basis point (1 percentage point) cut in the official interest rate is the economic equivalent of a severe jolt from a defibrillator. And the result has been a dramatic convulsion througho READ MORE ...

reserve bank       rba       interest rates       credit crisis       australian economy            

Incentives all wrong at Wesfarmers | BRISTLEMOUTH

Posted by:Intelligent01 1307 days ago • Discuss • http://blog.intelligentinvestor.com.au

The new remuneration package for Wesfarmers MD Richard Goyder should be causing shareholders plenty of concern READ MORE ...

wesfarmers       richard goyder       incentives       executive remuneration            

Buffett's CNBC interview | BRISTLEMOUTH

Posted by:Intelligent01 1307 days ago • Discuss • http://blog.intelligentinvestor.com.au

An interview with Warren Buffett about his Goldman Sachs investment, Treasury's bailout of Wall Street and the gravity of the situation facing the US economy. READ MORE ...

buffett       warren buffett       goldman sachs       wall street bailout       financial crisis            

Buffett's Goldman deal; when size matters | BRISTLEMOUTH

Posted by:Intelligent01 1307 days ago • 2 Comments • http://blog.intelligentinvestor.com.au

Buffett's $5bn rescue of Goldman Sachs shows that size is sometimes an asset. READ MORE ...

warren buffett       goldman       goldman sachs       berkshire hathaway            

Wall Street’s Mad Monday as Lehman Collapses | BRISTLEMOUTH

Posted by:Intelligent01 1307 days ago • Discuss • http://blog.intelligentinvestor.com.au

The US Federal Reserve has finally bitten the bullet and, seemingly, allowed a Wall Street giant to fail. READ MORE ...

lehman brothers       global financial crisis       aig            

The bear is here to stay | BRISTLEMOUTH

Posted by:Intelligent01 1308 days ago • Discuss • http://blog.intelligentinvestor.com.au

Resources and banks look set to keep the Australian share market in bear territory. READ MORE ...

bear market       credit crisis       resources boom            

The recession we have to have | BRISTLEMOUTH

Posted by:Intelligent01 1308 days ago • Discuss • http://blog.intelligentinvestor.com.au

The RBA can delay a recession by slashing interest rates. That won't make it go away. READ MORE ...

recession       debt binge       australia       consumption            

Babcock, the banks and Russian roulette | BRISTLEMOUTH

Posted by:Intelligent01 1308 days ago • Discuss • http://blog.intelligentinvestor.com.au

Babcock has been playing Russian roulette, but it's been playing it with someone else's money. READ MORE ...

babcock       babcock brown       infrastructure       banks       bank shares            

Babcock implosion gathers steam | BRISTLEMOUTH

Posted by:Intelligent01 1309 days ago • Discuss • http://blog.intelligentinvestor.com.au

Babcock shares are plummeting. Justifiably so in Bristlemouth's opinion. READ MORE ...

babcock       brown       power       tamar       phil green       babcock shares            

Why short toll roads fail | BRISTLEMOUTH

Posted by:Intelligent01 1309 days ago • Discuss • http://blog.intelligentinvestor.com.au

Bristlemouth wants to know why some toll roads succeed where others fail. The answer might be as simple as length. READ MORE ...

connecteast       rivercity       brisconnections       toll roads       infrastructure investing            

Property trust losses should top $30bn | BRISTLEMOUTH

Posted by:Intelligent01 1309 days ago • Discuss • http://blog.intelligentinvestor.com.au

Reporting season is going to be one long confession for Australia's property trusts. But the really big sins have yet to be declared. READ MORE ...

areits       australand       cap rates       gpt       lend lease       mirvac       property trusts       reits            

Lessons from the bear market | BRISTLEMOUTH

Posted by:Intelligent01 1309 days ago • Discuss • http://blog.intelligentinvestor.com.au

Stockmarkets have had a tough time over the past six months and we’ve been caught in the firing line. Steve Johnson looks at some of the lessons we can draw from the experience. READ MORE ...

bear market       investing checklists       investing psychology       value investing            

Is Babcock cheap? - the final day | BRISTLEMOUTH

Posted by:Intelligent01 1309 days ago • Discuss • http://blog.intelligentinvestor.com.au

Steve Johnson completes a valuation of Babcock and Brown's funds management and private equity arms of the business. READ MORE ...

babcock       babcock shares       fundamental analysis       stock valuation       value investing            

The structure of Babcock's capital - day nine | BRISTLEMOUTH

Posted by:Intelligent01 1314 days ago • Discuss • http://blog.intelligentinvestor.com.au

Babcock's capital structure isn't complicated. It isn't safe either. READ MORE ...

babcock       capital structure       fundamental analysis       valuation            

Restoring confidence in Babcock & Brown – day eight | BRISTLEMOUTH

Posted by:Intelligent01 1314 days ago • Discuss • http://blog.intelligentinvestor.com.au

A resurrection of Babcock & Brown requires one thing above all else: forgiveness. That’s traditionally in abundant supply among stockmarket investors. READ MORE ...

babcock       babcock stock       investor confidence       fundamental analysis       value investing            

Babcock & Brown: how bad can it get? | BRISTLEMOUTH

Posted by:Intelligent01 1314 days ago • Discuss • http://blog.intelligentinvestor.com.au

Bristlemouth is trying to unpack Babcock & Brown and today he’s asking one of the more important questions: how bad can it get? READ MORE ...

babcock       balance sheet       fundamental analysis       value investing            

Babcock plays the regulatory game - day six | BRISTLEMOUTH

Posted by:Intelligent01 1314 days ago • Discuss • http://blog.intelligentinvestor.com.au

For most companies regulation adds significant risk. For Babcock, it’s more of an opportunity. READ MORE ...

babcock       investing       regulation       value investing            

Babcock stains a promising record - day five | BRISTLEMOUTH

Posted by:Intelligent01 1314 days ago • Discuss • http://blog.intelligentinvestor.com.au

Building a long-term track record requires discipline and patience. Babcock has been short on both in recent years. READ MORE ...

babcock brown       infrastructure       bbi       bbp       bbw       financial analysis       value investing            

Babcock binges on easy credit - day four | BRISTLEMOUTH

Posted by:Intelligent01 1349 days ago • Discuss • http://blog.intelligentinvestor.com.au

This business has been a money making machine ever since floating four years ago, but it’s been fed by easy credit. READ MORE ...

babcock brown       financial analysis       bnb            

Babcock bosses let themselves down - day 3 | BRISTLEMOUTH

Posted by:Intelligent01 1349 days ago • Discuss • http://blog.intelligentinvestor.com.au

Assessing the management team is one of the most important exercises to undertake when assessing business value. It’s also notoriously difficult. READ MORE ...

management analysis       company analysis       babcock brown       value investing            

Bristlemouth takes on Babcock and Brown – day two | BRISTLEMOUTH

Posted by:Intelligent01 1349 days ago • Discuss • http://blog.intelligentinvestor.com.au

Babcock’s business is the easiest game in the world when asset values are rising quickly and consistently, but ultimately it’s unsustainable. READ MORE ...

babcock brown       macquarie bank       macquarie shares            

Bristlemouth takes on Babcock and Brown – day one | BRISTLEMOUTH

Posted by:Intelligent01 1349 days ago • Discuss • http://blog.intelligentinvestor.com.au

Bristlemouth is going to spend the next 10 days researching Babcock and Brown. He’d like some help from you. READ MORE ...

babcock brown analysis       bristlemouth       macquaire       value investing            

A load of uBS | BRISTLEMOUTH

Posted by:Intelligent01 1349 days ago • Discuss • http://blog.intelligentinvestor.com.au

UBS reckons The Intelligent Investor's recent review of the Burrup float was purely a promotional stunt. That's the pot calling the kettle black and Bristlemouth has taken them to task. READ MORE ...

brokers       ubs       rams       floats       burrup            

Dutch disease infects Aussie exporters | BRISTLEMOUTH

Posted by:Intelligent01 1351 days ago • Discuss • http://blog.intelligentinvestor.com.au

Booming commodity prices have been a mixed blessing for the Australian stock market. Blame the Dutch for those that haven't done so well. READ MORE ...

aussie dollar       current account deficit       dutch disease       exports            

Your weekend reading list | BRISTLEMOUTH

Posted by:Intelligent01 1351 days ago • Discuss • http://blog.intelligentinvestor.com.au

To tide you over 'til Monday, here’s a list of interesting stuff doing the rounds of The Intelligent Investor over the past week. READ MORE ...

investing reading       value investing            

Want to make a small fortune farming? | BRISTLEMOUTH

Posted by:Intelligent01 1351 days ago • Discuss • http://blog.intelligentinvestor.com.au

Not wanting to be left out, ‘soft’ commodities are having a boom of their own. But there are some crucial differences between growing things and digging them up. READ MORE ...

commodities boom       food crisis       investing       soft commodities            

Rising Aussie dollar defies inflation logic | BRISTLEMOUTH

Posted by:Intelligent01 1351 days ago • Discuss • http://blog.intelligentinvestor.com.au

The Aussie dollar and inflation are rising in tandem. How long can the relationship last? READ MORE ...

aussie dollar       cpi       currencies       inflation       moeny supply            

Worry not about the US economy | BRISTLEMOUTH

Posted by:Intelligent01 1352 days ago • Discuss • http://blog.intelligentinvestor.com.au

The US economy is going through a rough patch but there's no need to worry about its longevity. The system that brought it this far will take it further again. READ MORE ...

us economy       capitalism            

Fruit, chocolate and the Sydney Morning Herald | BRISTLEMOUTH

Posted by:Intelligent01 1352 days ago • Discuss • http://blog.intelligentinvestor.com.au

The internet gives the paper’s editors the ability to see, instantaneously, what we read. It will come as no surprise to Tim Harford that the most popular stories are about sex, nudity and, in today’ READ MORE ...

fairfax       media       newspapers       logic of life       tim harford            

A sure way to make nothing | BRISTLEMOUTH

Posted by:Intelligent01 1355 days ago • Discuss • http://blog.intelligentinvestor.com.au

Now might not be the time to panic, but why not ride out this period of volatility with a little cash on the sidelines? Here’s some food for thought. READ MORE ...

bear market       recession       christopher browne       peter lynch       walter schloss       warren buffett            

Now is NOT the time to panic | BRISTLEMOUTH

Posted by:Intelligent01 1356 days ago • Discuss • http://blog.intelligentinvestor.com.au

Occasional contributor to The Intelligent Investor Tony Scenna once remarked ‘if you’re going to panic, panic early’. With the market down 21% from its peak in November last year, now isn’t the time READ MORE ...

bank stocks       bear market       billabong       cabcharge       computershare       harvey norman       macquarie       qbe            

Shares Outperform Cash and Bonds; Avoiding the peaks | VALUE

Posted by:Intelligent01 1356 days ago • Discuss • http://blog.intelligentinvestor.com.au

Ultimately shares will outperform cash and bonds, but there can be long periods of underperformance along the way. Space out your investments and ensure a good margin of safety. READ MORE ...

bonds       cash       shares       stock market       stock market performance       value investing