Three timeless lessons for long-term investing
Montgomery Investment Management
Your gateway to investing in high-quality companies in Australia, New Zealand and around the globe.
In this edition of Montgomery’s newsletter Roger Montgomery shares three timeless investing lessons while Dominic Rose talks with IMDEX CEO Paul House to discuss the company’s first quarter result and the current sentiment in the mining exploration sector.
If you enjoy the newsletter, you might like to view our blog which publishes daily content,?you can register for free full content access via our registration page.
THREE TIMELESS LESSONS FOR LONG-TERM INVESTING
With the market well off its highs, it is times such as these that investors can build a portfolio of extraordinary businesses at beaten-down prices. When Roger makes his purchasing decisions, he likes to bear in mind a few timeless lessons to avoid common investment mistakes.
IMDEX’S SHIFTING BUSINESS MODEL
IMDEX (ASX: IMD) is a holding in the Montgomery Small Companies Fund and its recent first quarter FY23 result shows stronger revenue growth than the market was expecting despite all the macro doom and gloom. IMDEX CEO Paul House provides an update on the evolution of the business model and the growth prospects ahead.