In addition to falling for the ‘big market delusion’ that competitors won’t emerge and current performance expectations are rational, investors are also overplaying Nvidia as a ‘safe’ hand in the AI game, according to a new research paper.
The new direct-to-consumer investment platform Sharesies, a New Zealand-based shares platform which opened in Australia this year, has embarked on another capital-raising round, valuing the four-year old company at NZ$400 million (A$384 million) or more. It is understood Sharesies is seeking NZ$50 million in the latest capital top-up – the third or fourth in a…
Legendary investor Jeremy Grantham has called bubble on the longest bull market in history. In a searing client newsletter, ‘Waiting for the Last Dance’, Grantham says current market conditions that feature “extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior” bear all the hallmarks of a last-gasp bubble expansion. The founder of value manager…
Precious little pricing: why valuation uncertainty takes shine off gold Gold remains a problematic asset class for investors despite a glittering performance in recent times, according to a new paper by Auckland consultancy firm, Makao Investments. The Makao analysis says gold has increasingly popped up in investment strategy discussions of late following a “stellar run”…
Another investment platform is due to arrive in NZ within weeks under the ‘Flint Wealth’ brand. It is an equal partnership between Brisbane-based Research IP, run by well-known Australian advisory market identity Darren Howlin, and NZ’s Harbour Asset Management and Trustee Executors. As was flagged by Howlin last December, Flint Wealth is primed to enter…
