John Beveridge
John is a highly experienced business journalist and formerly chief business writer for the Herald Sun. He has covered Federal politics in Canberra, was Los Angeles Bureau chief for News Limited and was also chief of staff for the Herald Sun. He has covered a wide range of small and large cap ASX stocks and has a special interest in mining, technology and biotech.
Market Wrap: Gold miners lose the tug of war with Consumer Stocks
A tug of war between rising gold miners and a souring consumer sector saw the Australian share market end the week basically flat on Friday. By the close the ASX 200 had fallen just 3.6 points or less than 0.1% to 8881.9 points, although the index had fallen 1.7% for the week. A fairly negative lead in from Wall Street didn’t help with shares in Facebook parent Meta falling, dragging down the rest of the magnificent seven mega-cap technology stocks and causing all three major US indices to drop.
Cracks start to appear in the financial system: Bank of England, Credit Suisse and Deutsche Bank
It should be no surprise that cracks are starting to appear in the financial system as central banks continue to ratchet up interest rates and much of Europe is close to or already in recession, in part because of the Ukraine war and flying energy prices. You know things are getting serious when the Bank […]
Warren Buffett’s patience is starting to pay off
One of the frequent criticisms about Warren Buffett is that the man dubbed the world’s best investor can be a little too patient for the market’s liking. That has particularly been the case over the past few years in which the legendary investor kept building up a massive cash pile, which was approaching $200 billion. […]
It’s January, time for another Jeremy Grantham super bubble call
Jeremy Grantham – the acclaimed British investor and permabear – must set his calendar for the same date in January every year to roll out his prediction that markets are at the end stage of a massive bubble. Indeed, you can go way back to the 1980’s and beyond to see examples of Grantham delivering […]
Why Warren Buffett will never trade shares quickly
How long do you hold on to your shares? An hour, a day, six months, a decade, or Warren Buffett’s favourite holding period – forever? Chances are that if you are a recent market entrant, your investing horizon is very short term – measured in days rather than years. Indeed, holding periods have been falling […]