31 December 2025

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Australia's retirement system works brilliantly for some - but not all Australian stocks will crush housing over the next decade, 2025 edition The 3 biggest residential property myths AFIC on the speculative ASX boom, opportunities, and LIC discounts Where to hide in the ‘everything bubble’

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Edition: 317

1-8 out of 8 results.

Welcome to Firstlinks Edition 317

Graham Hand
2 August 2019
1

In an exclusive from Hamish Douglass, he shares 13 investment lessons he has applied in building the Magellan business. He divides the insights into four topics: finding investments, letting them work for you, temperament and risk.

13 of the best: reflections from an investor

Hamish Douglass
31 July 2019
4
39

Exclusive: Hamish Douglass’s 13 lessons from years of investing include how to find the right investments, how to let investments work for you, risk management and the best temperament.

Beat the market: active ETFs v LICs v unlisted managed funds

Emma Rapaport
31 July 2019
6
5

Investors looking for active management should understand the different structures as access, dividends, discounts or premiums, ability to buy and sell and pricing vary by type.

Advisers must step up and articulate their value

Jodie Hampshire
31 July 2019
7
6

In a time where advisers are under pressure to demonstrate their value, the latest Russell Investments ‘Value of an Adviser’ report reveals investors gain around 4.4% per year through a quality advice partnership.

From macro to micro: end-of-cycle investing

Stephen Dover
31 July 2019

For a decade of accommodative central bank monetary policy, investors have been more macro-oriented, following liquidity and rate patterns. It’s time to focus on companies and be more micro-oriented.

Review creates challenges for super outcomes

Geoff Warren
31 July 2019

The APRA Capability Review pushes a focus onto member outcomes, but how will the regulator drill down into the product level in an efficient manner? It may create dysfunctional behaviours among super funds.

Avoid the acronyms and go for hidden niches

Lawrence Lam
31 July 2019
1
1

Don’t let the headlines and buzz acronyms deceive you. The long-term opportunities lie with specialist manufacturers that make product-critical components with very few competitors.

Did your super do better than this in FY19?

Graham Hand
31 July 2019
13

Many super funds and portfolio managers delivered strong results in FY2019, and critics of our default superannuation system should ask whether individuals can match these consistent returns.

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Australia's retirement system works brilliantly for some - but not all

The superannuation system has succeeded brilliantly at what it was designed to do: accumulate wealth during working lives. The next challenge is meeting members’ diverse needs in retirement.

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Two years ago, I wrote an article suggesting that the odds favoured ASX shares easily outperforming residential property over the next decade. Here’s an update on where things stand today.

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It might not be quite an ‘everything bubble’ but there’s froth in many assets, not just US stocks, right now. It might be time to stress test your portfolio and consider assets that could offer you shelter if trouble is coming.

James Gruber
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Property versus shares - a practical guide for investors

I’ve been comparing property and shares for decades and while both have their place, the differences are stark. When tax, costs, and liquidity are weighed, property looks less compelling than its reputation suggests.

Noel Whittaker
17 December 2025

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