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Andrew Page

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Valuation Consternation

28 Aug, 2009
Attempting to calculate the ‘fair’ or ‘intrinsic’ value of a listed company is no easy task.

Making the switch

24 Aug, 2009
There has been a noticeable shift in market rhetoric of late, with terms such as ‘Great Recession’ losing favour to phrases such as ‘green shoots’.

The DividendKey

17 Aug, 2009
Regular readers will know that my passion lies in building well balanced portfolios designed to produce an attractive and growing income stream and above average long term capital gains.

Heads or Tails

10 Aug, 2009
At a recent trivia night the host offered free drinks to the person who could outlast everyone in a game of heads or tails.

Where to from here?

3 Aug, 2009
What an amazing couple of weeks. Just when it looked as if a new downtrend had become established, the market reversed direction and went on to carve out some of the most aggressive runs we’ve seen in a long time.

Late to the Party

20 Jul, 2009
People love a good story. But beyond their entertainment value, stories play an important role in how we interpret the world.

Forecast Fallibility

13 Jul, 2009
How much would you pay for a glass of water? Alternatively, what is a glass of water really worth? The answer of course is that it all depends.

Déjà vu or Apophenia?

6 Jul, 2009
Last week I compared the current market downturn with that of the 1929 market crash.

The Right Time

26 Jun, 2009

There is near unanimous consensus amongst all in the investment community that stocks are currently very cheap. Having said that, there is little agreement on whether or not now is the time to get back into the market; sure, stocks are cheap, but will they get cheaper still? And that’s the 64 million dollar question: when is the right time to position ourselves for a recovery?

Max Tax

19 Jun, 2009

There are but two certainties in this life: death and taxes. Neither are particularly attractive prospects, but the fact is they are both inevitable. In regard to tax, we must at least acknowledge it as a necessary evil. It provides the money Governments need to pay for essential services such as schools, hospitals, roads and a host of other things that are absolutely essential for a healthy and functional society.

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