“The last 10 years have been about building a world that is mobile-first. In the next 10 years, we will shift to a world that is artificial intelligence (AI) first.” Sundar … Read More
China takes the BAT to FANG
Just a few days ago, Alibaba Group, the Chinese on-line retailer, came within 1% of being the world’s most valuable retailer – with a market capitalisation of U$473b, its value was … Read More
The trouble with index investing
The Name of the Rose is Umberto Eco’s masterpiece whodunit set in a 14th century monastery (bags of sex and grisly violence with some serious semiotics thrown in). The last line … Read More
Netflix share price falls 12% as competition increases
By Alex Pollak, CIO Loftus Peak Strike one for Netflix was the news that Disney will no longer supply programming from the end of 2019. Strike two happened late last week … Read More
Are fossil fuel car companies in denial about electric vehicles?
By Alex Pollak, CIO Loftus Peak The news that Tesla will raise $1.5b in senior debt signals a new phase for the company – one in which equity issues are likely … Read More
Uber: The network effect, in reverse
By Alex Pollak, CIO Loftus Peak Do not expect Uber to right itself now that CEO Travis Kalanick has “resigned.” The company’s problems run far deeper, and the story has … Read More
Why value investing isn’t what it used to be
By Alex Pollak, CIO Loftus Peak From the Australian Financial Review Now is the time to be extremely wary of value investments. The unprecedented change we are living through means that … Read More
What Amazon’s purchase of Wholefoods in the US really means for Coles and Woolworths
Amazon on Friday announced the US $14b acquisition of Wholefoods in the US, which has correctly been understood by the Australian market as a reason for the share prices of Coles … Read More
Crunch time for Australian bank investors?
Read the piece as written by Phil Baker in the AFR on 6 May 2017 here OR read the original written by Alex Pollak below Fund managers are closing shop (Altair), calling the … Read More
We need to talk about Snapchat
By Alex Pollak – Chief investment officer – Loftus Peak What next for Snapchat? After a disastrous earnings call, the stock fell 25% and came within 25c of breaching its issue … Read More
Knowledge networks, and how they work
By Anshu Sharma, Portfolio Manager and Analyst, and Alex Pollak, Loftus Peak. Apple jumped around 4% on the back of above-market quarterly revenue numbers and a stock repurchase which over time … Read More