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Lachlan Morgan
Jun 16, 20211 min read
Largest market 'tail risks'
Following on from my post, Adding a pandemic to the list, Chris Mayer, (author of the book ‘100 baggers’), made a similar (and more...

Lachlan Morgan
Jun 10, 20211 min read
Price makers v price takers
Price maker: Realestate.com (REA.ASX) operating earnings (REA is Australia’s leading property portal) Price taker: Mirvac Group (MGR.ASX)...


Lachlan Morgan
Jun 8, 20211 min read
Stock prices move much more than true values
Stock prices move much more than true values do even in the largest stocks, which by definition causes mis-pricing at times. This isn’t...

Lachlan Morgan
Jun 4, 20213 min read
A classic: One Up on Wall Street
One of the most respected investors of all time is Fidelity’s, Peter Lynch. Lynch earned his reputation as one of the world’s best money...

Lachlan Morgan
Jun 3, 20211 min read
Adding a pandemic to the list
As a long-term investor, get used to: Wars Depressions Recessions Changes in presidents Oil crises Banking crises Savings and loan crises...

Lachlan Morgan
Jun 1, 20211 min read
The single best investment you can make
Is in stocks … for long periods of time !!!

Lachlan Morgan
May 27, 20211 min read
Four Structural Advantages An Investor Can Control
Four structural advantages an investor can control: 1. Think in decades …. not days 2. Back founder leaders …. not hired professionals 3....

Lachlan Morgan
May 25, 20211 min read
Getting Comfortable with Uncertainty
The more I think about it, the bottom line is clear: Ø The world is an uncertain place Ø Its more uncertain today than at any other time...

Shaun Trewin
May 21, 20216 min read
A Masterclass from Jeff Bezos – The Relentless Amazon
The insights of this blog are drawn from: The collective writings of Jeff Bezos – invent and wander. Reading all of Jeff Bezos’...

Lachlan Morgan
May 20, 20211 min read
One Pattern That Has Stood The Test Of Time
“One pattern that has stood the test of time … stocks will go down a lot, but they will then go up a lot more” (Peter Lynch) About Peter...

Lachlan Morgan
May 18, 20211 min read
Focus On The Earnings
If the average investor looks at the value of their portfolio monthly … this means that over a five-year holding period … they look at...

Lachlan Morgan
May 11, 20211 min read
Buffett Investing Nuggets
No one can tell you when these traumas will occur – not me, not Charlie, not economists, not the media. Meg McConnell of the New York Fed...

Lachlan Morgan
May 6, 20211 min read
The Master of Compound Interest
With the Berkshire AGM being held last week, I thought we should revisit how the master of compounding created his net worth. At last...

Lachlan Morgan
May 4, 20212 min read
Learnings from the 2021 Berkshire AGM: "What you prattle out, you pound in" ... "Economy is red-hot"
The 2021 Berkshire AGM was again streamed live via Yahoo Finance, it was the second year in a row we were unable to attend in person. As...

Lachlan Morgan
Apr 29, 20211 min read
Four significant challenges of investing.
Four significant challenges of investing: Battling short term thinking Conquering prevailing preference for ‘hard’ numerical data over...

Lachlan Morgan
Apr 27, 20211 min read
Stocks go up … even in the face of extreme change.
In the 1780s, when the United States was formed, the agrarian economy accounted for 90% of all jobs. By 1850, 49% of all jobs were in...
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