Trading Tips – Article for Australian Shareholders Magazine
By James Middleweek, Investment Analyst and Director at Valueinvest
First, let me say that I tend to invest (and trade) in small and mid cap stocks. Gains in these stocks can often far exceed those of their larger brethren. The flipside is that there is typically a much heavier price to pay if things don’t go to plan. Plenty of stocks drop more than 35%, sometimes 50%, on a bad announcement. Losses like this are hugely damaging to any portfolio.
Letter to AFR 3rd June 2020- Class actions sure need a bomb under them
Adele Ferguson writes that class actions and litigation funders are likely to become the next political background (Opinion 1 July ). I have a slightly different observation. The Live Cattle export ban class action has taken 6 years just to get to the Federal Court. The Wivenhoe Dam case has taken 8 years and is currently under appeal. The Bank Fees class action, which I helped lead during my time at funder Omni Bridgeway, took 7 years to complete -on a fairly simple point of law !
Something needs to change, that’s for sure.
James Middleweek, Value Invest, 1 Columba Place, Peppermint Grove, WA 6011