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Edition: 501

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Welcome to Firstlinks Edition 501 with weekend update

  • 23 March 2023
  • 14

Over years working in global capital markets, I transacted billions of dollars of bond issues with Credit Suisse, Swiss Bank Corp and UBS, even working for one of them in Switzerland for six months. They competed furiously for transactions. I never expected these three banks would be crunched together by Swiss regulators to save their businesses.

Four all-time best charts for every adviser and investor

If the lessons from 30 years of investing could be distilled into one statement, it would be this: the short term is unknowable, but the long term is inevitable. These four best charts demonstrate why.

A banking crisis is here, the credit crunch may be next

Usually, credit crunches come before banking crises, but this time it might happen the other way around. Here are the likely paths forward, what things that investors should monitor and the best places to hide.

Don't panic, this isn't 2008

This banking crisis in the US and Europe is very different to the one which caused the 2008 Global Financial Crisis. If right, it provides an opportunity to find undervalued stocks unfairly pulled down with the bank carnage.

Four experts clarify super tax and franking misconceptions

Critical facts are overlooked on the new super tax and franking. The super tax is a progressive tax not a flat tax, we have many ways of taxing 'income', concessions are overstated and franking has a common value.

Retiring young: Is 50 really the new 65?

There are opportunities for savvy individuals to retire before their peers. Factors like longevity risk – and other variables like inflation and interest rate fluctuations – will always exist, but these things can be mitigated.

The 100-year-old Australian investment company you’ve never heard of

It’s one of Australia’s oldest listed investment companies, yet few investors have heard of it. While LICs like Australian Foundation Investment Company and Argo Investments grab the limelight, Whitefield prefers low key.

Three themes and companies to play China's rise

The structural drivers for China's rise remain intact. Companies there will benefit from rising incomes, increasing demand for premium goods and services, and burgeoning sophistication in technology and manufacturing.

A helping hand for Treasurer Chalmers’ proposed taxonomy

Treasurer Jim Chalmers says he will “create a new sustainable finance architecture, including a new taxonomy to label the climate impact of different investments." Here are some tongue-in-cheek suggestions to help him.

Some Reader Survey results, and time to respond

Thank you for the hundreds of responses to our Reader Survey and to give as big a sample as possible, we are leaving it open for a few more days. Here is a sample of the results so far.

Most viewed in recent weeks

Howard Marks: the investing game has changed

The famed investor says the rapid switch from globalisation to trade wars is the biggest upheaval in the investing environment since World War Two. And a new world requires a different investment approach.

Welcome to Firstlinks Edition 605 with weekend update

Trump's tariffs and China's retaliatory strike have sent the Nasdaq into a bear market with the S&P 500 not far behind. What are the implications for the economy and markets, and what should investors do now? 

  • 3 April 2025

Pros and cons of Labor's home batteries scheme

Labor has announced a $2.3 billion Cheaper Home Batteries Program, aimed at slashing the cost of home batteries. The goal is to turbocharge battery uptake, though practical difficulties may prevent that happening.

Designing a life, with money to spare

Are you living your life by default or by design? It strikes me that many people are doing the former and living according to others’ expectations of them, leading to poor choices including with their finances.

World's largest asset manager wants to revolutionise your portfolio

Larry Fink is one of the smartest people in the finance industry. In his latest shareholder letter, the Blackrock CEO outlines his quest to become the biggest player in private assets and upend investor portfolios.

4 ways to take advantage of the market turmoil

Every crisis throws up opportunities. Here are ideas to capitalise on this one, including ‘overbalancing’ your portfolio in stocks, buying heavily discounted LICs, and cherry picking bombed out sectors like oil and gas.

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