Banks Archives - Self Managed Super Funds

June 12, 2018

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## On Lynch & Extreme Takes on the Future of Banking ##

By James Whelan | Banks, Economics, Inflation, Investing, Macro

I was recently reminiscing to colleagues about my first job in broking all those years ago. In my first week a senior dealer helped me out by slinging me a few books as mandatory reading for a junior junior assistant to the assistant, as my role was termed.
One of them was “One Up On Wall Street” by the legendary investor/fund manager Peter Lynch.
I was reminded of Mr Lynch’s great work as I was speaking to some colleagues about the banks’ eventually getting out of their extraneous wealth & advice divisions & how it reminded me of something from the past.
I let it stew for a while but I believe I have the beginnings of a controversial idea….

August 29, 2017

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## ….Or “How I Learned to Stop Worrying and Continue Loving Amazon” ##

By James Whelan | Amazon, Banks, Inflation, Investing, Macro

As the threat of nuclear war once again rears its head we reiterate that local risks bear more immediate and higher likelihood of occurrence. It would appear (ex-locally) that everything is a buying opportunity until it isn’t.

August 21, 2017

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## On Narnia and the lead up to Jackson Hole…##

By James Whelan | ASX, Banks, Bonds, Investing, Macro

As I’ve mentioned so many times before, my dislike of reporting season is immeasurable. It’s a choppy time to be in the markets and a steady hand is needed at all times. How many times have we heard this story?

August 13, 2017

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## On Francs and the beauty of Dynamic Hedging…##

By James Whelan | ASX, Banks, Bonds, Investing, Macro

We thought it prudent to send a note this weekend since the Trump/North Korea situation appears to have moved off Twitter and into the real world. We can’t and won’t predict what exactly will happen in Korea but there are ways to profit & protect capital from the escalation of tensions.

July 16, 2017

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## On Bond Proxies: This is your second warning…##

By James Whelan | ASX, Banks, Bonds, Investing, Macro

Register now for the launch of our newest product: The VFS Global Macro Fund. August 2, 7.10pm

It’s a frustrating thing when writing occasionally funny yet always insightful market commentary that something you’ve been putting together for a week on the unwinding of bond proxies suddenly becomes temporarily moot.

June 6, 2017

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## On Repeated Recession Warnings ##

By James Whelan | ASX, Banks, Investing, Macro

We’re being a little dramatic, we know. Last week’s note stressing the closeness to the recessionary precipice on which Australia currently stands is still being circulated and we still stand behind it. (The note, not the precipice)
We, as a country, are in real trouble and the market is screaming that at us as well.

June 2, 2017

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VFS Group Month in Review – May

By James Whelan | ASX, Banks, Investing, Macro, Month in Review

According to ancient investment legend, “Sell in May & go away” now gives way to the “June swoon” and we reiterate that if you’re making investment decisions based on rhymes you need to rethink your strategy.

May 30, 2017

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## On Sandwiches & Extreme Caution ##

By James Whelan | ASX, Banks, Investing, Macro

Business Insider: My dire April prediction for Australia

With reports of a third aircraft carrier heading to the Korean Peninsula maybe it’s time for a little levity. I stress that, although significant, the risk of nuclear war isn’t the most immediate risk to local equities markets at this current point in time.

September 27, 2016

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On a Trump warning, dividends in bank accounts and Amazon’s warning

By James Whelan | Banks, Dividends, Investing, US Election

Firstly, and as an apology, this note will be a prelude to something more substantial regarding what a Trump victory means for the USA and the planet. Whilst it’s not world ending, the world’s eyes are currently upon a very small handful of people and so we must assess its relevance and impact. For the dismissive amongst you I ask that you please remember the Brexit vote which impacted our markets severely on Friday 24^th June. Whilst I predicted a vote for status quo by the British public, I never discounted the possibility that there is an ever growing disconnect between how people say they will vote and how they actually vote. I’m happy to engage anyone on the reasons behind the recent rise of this phenomenon, here is a link to the Wikipedia site regarding the ‘Bradley Effect’.