Update from the PM – October 2025
Global equity markets are more complex than ever—traditional metrics like P/E ratios can mislead in a world of rapid change. First-principles thinking is key to spotting real opportunities.
Update from the PM – September 2025
As AI makes novel discoveries, facts become outdated much faster. As investors, we will need to adapt even faster to uncover the many mispricings (i.e. opportunities) that will result from this new reality.
Update from the PM – August 2025
Despite the unbelievable rate of technological advancement, we continue to believe that investment analysis anchored in first principles – the importance of durable competitive advantages, understanding flywheels, and maintaining price/value discipline.
Why Competitive Advantages Matter – And How Flywheels Make Them Stronger
How do companies like Spotify and Blackstone dominate their industries? Montaka’s “flywheel” model reveals the self-reinforcing cycles that strengthen competitive advantages—and how investors can spot them early.
Update from the PMs – July 2025
As Montaka marks its 10-year anniversary, we reflect on the enduring value of flywheel businesses—those that share economics with customers to drive compounding growth.
Update from the PMs – June 2025
Despite volatility driven by US tariff uncertainty, we remain focused on long-term opportunities—from the rise of alternative asset managers targeting retirement funds to the transformative power of AI coding agents.
Revolutionary ‘coding agents’ are creating even more upside for big tech
When Andrew Macken asked an AI coding agent to recreate his app in minutes—for free—he realized software development will never be the same. From Alphabet to Meta, companies are already using AI to cut costs and accelerate innovation. Here’s what investors need to know…
Alternate Asset Managers Eye the Retirement Prize
Private equity giants like Blackstone and KKR are making a bold move into retirement accounts, aiming to bring alternative assets—traditionally reserved for institutions—to everyday investors. With trillions in 401(k) funds up for grabs and regulatory shifts opening doors, this could reshape wealth management forever.
Update from the PMs – May 2025
As Q1 earnings roll in, Montaka highlights how its portfolio companies are thriving despite tariff tensions and market volatility—focusing on long-term growth, strategic resilience, and the transformative potential of AI.
The Defining Word of the Trade War is ‘Inequality’ not ‘Tariff’
Wealth inequality—not tariffs—is the real force behind Trump’s trade war. Learn how global demand imbalances shape trade conflicts.