Is Unity Software the Adobe of the real-time 3D world?
The expansion of Adobe’s Creative Cloud has been a key driver of Adobe’s 10x increase in market cap over the last 10 years. And we believe the long-term opportunity for Unity in real-time 3D/AR/VR will be even more significant.
Inflation is here
As we process the information being reported by companies in their first quarter earnings announcements, one theme that pops up across the board is that of inflation. Read on to know our analysis.
Global tech-bubble or opportunity
Andy recently sat down with NAB’s Gemma Dale to discuss the valuations of global technology stocks and whether or not investors should be concerned about the tech-bubble. Listen to the podcast here.
The Great Australian Internet Startup: REA Group
REA Group holds one of the most privileged positions in real estate sector in the world. Within its home market of Australia, ~65% of the adult population visit the realestate.com.au website every month, a number that keeps growing!
Are America’s stimulus checks inflationary?
With the US government handing out stimulus payments, concerns over the risk of inflation are rising in investors’ minds. Read on to know why we believe that core inflation will not pose a threat.
Montaka’s newest portfolio addition: Unity Software
Unity Software is the undisputed global leader in mobile gaming. Games made with Unity’s engine account for 71% of the top 1,000 mobile games (Q4 of 2020). Read on to know why we think Unity offers a great investment opportunity.
Quarterly Letter: 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.
Will Your Multiple Compress?
Investment returns, in the long run, are dictated by two factors: earnings growth and changes in the earnings multiple. Many high-flying businesses today are trading at exorbitant multiples. What are the implications of this for long-run annual returns for those stocks?
Applying the Connor Leonard Framework
Value investor Connor Leonard successfully filters business opportunities into four subsets. We explore Reinvestment Moats – entrenched flywheels where management can redeploy capital at high incremental rates of return.
Evolution of the luxury goods resale market
Exploring why the luxury resale market is growing four times faster than the overall luxury industry and the evolving interactions between brands and marketplaces.