Market Commentary | Montaka Global

Update from the PM – April 2026

Short-term volatility in stock prices is never pleasant. But the good news is that we believe this volatility is creating significant investment opportunities. This becomes clear when we perform detailed bottom-up analysis of several competitively advantaged businesses and we find their earnings power remains strong.

Price vs Value: The Best Companies in the World Are on Sale

In a volatile market, it’s easy to focus on falling prices. However, as Warren Buffett taught us, price is not the same as value. In this article we explore the significant disconnect between the recent share price declines of world-class companies and their sustained, robust earnings growth. Find out why we believe this presents a unique opportunity to invest in durable, competitive advantages at a discount.

The Other Side of The SaaS Apocalypse

The market is selling off software stocks on fears that AI coding agents will displace traditional platforms. But this narrative misses three critical realities: competitive advantages lie in distribution, not code; security concerns which limit agent deployment; and the fact that power infrastructure can’t support mass adoption for years.

Update from the PM – March 2026

The SaaS-pocalypse dominated February, but Andy explains why market fears miss three critical realities about enterprise software, AI capabilities, and power constraints. Learn why Montaka sees exceptional value in current dislocations and expects rapid re-rating when fundamentals prevail.

State of the Union: AI, resource competition and inequality increase geopolitical instability

Artificial intelligence, widening inequality, and intensifying competition for critical resources are converging to create a more volatile global landscape. This article explores how these forces intersect and what they mean for the future of geopolitical stability.

Update from the PM – February 2026

2026’s extraordinary start—featuring armed intervention in Venezuela, NATO rifts over Greenland, historic Japanese bond yield spikes, and a precious metals bubble- signals a new era of geopolitical instability. We also cover why the enterprise software sell-off misses the critical value of distribution and orchestration.