The Journal

Recent articles

  • Are Cyclicals the New Defensives?

    By
    Douglas Isles,
    User

    An actuary by training, Douglas first joined Platinum in 2003 as an investment analyst, having spent some time at the Commonwealth Bank as a product actuary and, prior to that.. More

    08 Mar 2021

    In the February 2021 Monthly Update for the Platinum global equity strategy, we noted that: “When we look at long term (i.e. 35 years) valuation analysis, relative to asset values, cyclical stocks still look cheaper than their averages, while defensives were only more expensive at the...

  • Embracing Opportunities That Crowds Avoid

    By
    Henry Polkinghorne,
    User

    Henry joined Platinum in April 2019 as an Investment Specialist.  Prior to this, Henry worked at Goldman Sachs where he held the position of Executive Director, Australian.. More

    03 Mar 2021

    Platinum’s philosophy of “thinking differently” means we look for opportunities that are out of favour and against popular opinion. This involves looking for investments in areas undergoing considerable change. It also nearly always involves feeling uncomfortable at the point...

  • Semis: We’re Halfway There?

    By
    Douglas Isles,
    User

    An actuary by training, Douglas first joined Platinum in 2003 as an investment analyst, having spent some time at the Commonwealth Bank as a product actuary and, prior to that.. More

    18 Feb 2021

    Bon Jovi’s 1986 rock anthem “Livin’ on a Prayer” sees the eponymously named lead vocalist roar out that “We’re halfway there”, telling the story of two battlers who are “down on their luck”, and how it’s “so tough”. <...

  • Video – European Banks: A Compelling Case to Invest

    11 Feb 2021

    A number of Platinum funds increased their exposure to European banks in 2020. Portfolio manager Nik Dvornak explains why these ‘unloved’ stocks were such a compelling investment opportunity.

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  • The New World of Risk - GameStop and Cryptos

    By
    Kerr Neilson,
    User

    Kerr, with the help of Andrew Clifford, founded Platinum in 1994 with a view to making money for investors. The emphasis was on continuing the successful investment approach.. More

    01 Feb 2021

    The slant of the early reporting by the popular media on the crowd-driven squeeze on heavily shorted shares like GameStop is worthy of commentary. The angle is one of the little investor outwitting the so-called professionals, with the former walking away with huge gains. It...

  • Audio – 31 December 2020 Quarterly Report

    By
    Douglas Isles,
    User

    An actuary by training, Douglas first joined Platinum in 2003 as an investment analyst, having spent some time at the Commonwealth Bank as a product actuary and, prior to that.. More

    27 Jan 2021

    An audio recording capturing the highlights of Platinum’s December 2020 Quarterly Report is now available. The podcast provides a macro overview and update on the flagship Platinum International Fund, plus key...