Happy Monday, Light Brigade! And a big welcome to all of our new members. It’s the last day of the month and it’s been a strong thirty days for our portfolios. From my quick check this morning: For August, QAV Light is up 7% vs the index up 2%. Somewhat...
Happy Monday, Light Brigade! And a big welcome to all of our new members. My weekend was busy. The usual 4.5 hours of kung fu on Saturday. Watched a Mickey Rourke film from the late 90s I’d never seen (“Johnny Handsome”, directed by Walter Hill, “The...
Happy Monday, Light Brigade! And a big welcome to all of our new members. My weekend involved 4.5 hours of kung fu on Saturday, and I started reading “Pale Fire” by Nabokov. Really enjoying it so far. Been struggling to find a novel I can really get into...
Happy Monday, Light Brigade! And a big welcome to all of our new members. Market This Week (All Ordinaries) The All Ordinaries rose approximately 2.9% for the week to close around 9,445, its highest level on record. Oil prices eased on reports Iran...
Happy Monday, Light Brigade! And a big welcome to all of our new members. As we are now in “Reporting Season”, I’m not going to be buying anything until their reports come out. This is a practice we started in the last couple of years as it became apparent...
Happy Monday, Light Brigade! And a big welcome to all of our new members. Let me talk about something — “lumpiness”. Yes, our returns are “lumpy”. That’s how systemic investing works, folks. Someone emailed me over the weekend saying they weren’t...
