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Home / Author: Graham Hand

Graham Hand

Cuffelinks Firstlinks Edition 304

In the six years I have been writing these introductions, I have been reluctant to make macro forecasts. There are so many factors at play that predictions become an unsatisfactory 'on the other hand' exercise.

Sebastian Evans: hanging on until the market catches up

A fund manager on the wrong side of the market must tough it out and have the strength of their convictions, satisfied that their investment process will bear fruit over the long term. The LIC structure gives more time.

Frank(ing) exchange with Bowen: "Is it fair?"

Labor's franking credit proposal will reduce the income of many retirees who do not believe they are wealthy. Here's an exchange with a reader who just wants an answer to "Is it fair?"

Where is the super industry heading?

SMSFs are currently the largest segment of superannuation, but by 2020, industry funds are expected to dominate, having recently overtaken retail funds. Labor's franking proposal will accelerate the trend.

Comment on franking and ‘direct investment’

The 'direct investment options' may have structural advantages for franking credit refunds, but that does not mean SMSFs do not have their own specific advantages. What's best for the superannuant?

Phil King on the long and short of investing

It's as legitimate an investing technique to short sell an expensive company as it is to buy or go long a cheap company, with the added advantage of less competition on the short side.

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Knowledge is becoming commoditized in the age of artificial intelligence but experience, taste, and judgement are still at a premium.

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Financial advice as the pathway to economic security

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The overlooked driver of energy inflation

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A 2026 rotation story: Europe’s undervalued small caps

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What we do when things go up (a lot)

Recent price spikes, particularly gold's surge, trigger behavioral responses like availability bias, storytelling, extrapolation, and FOMO, which create self-reinforcing feedback loops influencing investor sentiment and market trends.

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