CAPITAL ALLOCATION News & Analysis

What do you do when you have made investments in the past that you no longer believe in?

We lower our fair value and believe the company is in an uncompetitive position but shares screen as undervalued due to investor pessimism.

Blindly basing investment decisions on target prices can lead to poor outcomes. 

Like negative gearing, discounted capital gains tax, is criticised for giving investors an edge over first-home buyers. A discount is justified but...

Morningstar recently initiated coverage of an intellectual property services provider. We believe poor capital allocation and a lack of competitive...

Poor capital allocation can lead to weaker returns and greater downside risk for shareholders. Here are some behaviours you don't want to see from...

Three high-quality growth companies that have wide moats and a history of good capital allocation.

BHP is used as an example to show how to assess the impact of too much debt on financial risk and flexibility.

I love investing in out of favour companies with strong financial positions. Here are three cheap ASX shares that could fit the bill.

The efficacy and fairness of establishing an unrealised gains tax regime will hopefully be hotly debated at the next election. We need better ideas...