Quarterly Update (Q1 2021)
In this quarterly update, Andy & Chris highlight the structural advantages a few of Montaka’s largest holdings. They also touch base on a new position that was added to Montaka’s portfolio during the quarter. Get insights on all this and more in this quarterly update video.
More inequality. More grievances. More debts.
We believe inequality will only become more extreme, with Covid-19 accelerating a number of the dynamics in our economic system that give rise to inequality. And growing inequality will feedback into our economic system in two key ways: more grievances and more debts.
A Bubble? Other Ways to See Market Value
The idea that we are in a market bubble is repeated constantly. Both public and private tech companies have been raising money at incredible valuations. Read on to know our take on whether this bubble exists.
The GME Saga
Just like any hot stock that disconnects from fundamentals in an extreme way, it becomes a ticking time bomb before it crashes back down to reality. It’s unclear where the GameStop stock will trade over the coming days and months, but trees don’t grow to the sky.
Quarterly Update (Q4 2020)
In this quarterly update, Chris Demasi, Montaka’s Portfolio Manager reflects upon the new era ushered in by the coronavirus pandemic. This change has created enormous opportunity to invest meaningfully in advantaged digital winners with predictable and growing revenues and profits.
Internet freedom vs regulation
The unprecedented actions by private internet companies to deplatform President Trump following the U.S. Capitol riots highlight the predicament of free speech vs content moderation and may have lasting implications for the global internet.
5 ways to build investment portfolios amid growing inequality
Inequality creates winners and losers. And there are key steps that investors can take to be on the right side of these changes – to not only protect their portfolios from growing inequality, but also generate strong investment returns into the future.
Covid-19: accelerating our journey to inequality
Our analysis leads us to believe that the forces driving low economic growth, increased indebtedness, low interest rates and asset inflation will only strengthen in a post COVID-19 world.
The long-term history of long-term interest rates
I have written previously about our view that interest rates are likely to remain low for a protracted period. In June we looked at the 50-year history of interest rates in the US and discussed the challenges to interest rates rising in the near-term (click here to read), and in July we looked at equity […]
Are stock valuations naturally biased upwards?
Conventional wisdom and historical evidence support the observation that “stock prices always go up over time”. On a long enough timeline, stock returns of substantially all developed countries have been positive, driven by inflation and real GDP growth if nothing else. Businesses are created and fail, and individual stocks enter and exit market indices all […]
