Roger Montgomery

Roger Montgomery is the founder and Chief Investment Officer of Montgomery Investment Management, which won the Lonsec Emerging Fund Manager of the Year award in 2016. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch. He is the author of the best-selling, value-investing guide book Value.able and has been writing his popular column about investing and markets for The Australian since 2012. Roger is an unconventional investment thinker, launching one of the earliest retail funds in Australia with a broad mandate to be able to hold large amounts of cash when perceived risks exceed implied returns.

@rjmontgomery

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NEW YORK, NY - AUGUST 22: Tourists visit the Wall Street bull statue in the Financial District, August 22, 2018 in New York City. Today marks the longest bull market rally in U.S. history, stretching back to March 2009. The longest previous market rally was from 1990 to March 2000. Drew Angerer/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

The bulls have been charging but how much energy do they have?

Shares are running hot but the excitement, especially around US markets, has yet to reach the level of euphoria which sparks a major sell-off.

Roger Montgomery

WealthWealth

(FILES) In this file photo taken on November 13, 2024, traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City. Wall Street stocks opened higher Monday as investors reacted positively to Donald Trump's Treasury Department pick at the start of a holiday-shortened week that will include economic data and earnings reports. (Photo by ANGELA WEISS / AFP)

Will global debts spoil the sharemarket rally?

Mounting debts are not the issue for global sharemarkets, rather the question is whether the relevant economies have the capacity to finance their obligations.

Roger Montgomery

WealthMarkets

US President-elect Donald Trump gestures as he attends a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. (Photo by Allison ROBBERT / AFP)

Historical data shows why Trump a danger to sharemarkets

The sharemarket appears to have welcomed Donald Trump’s election with open arms but data shows Republican presidencies lead to worse outcomes for investors so what happens next?

Roger Montgomery

WealthWealth

Houses in Brisbane; RBA governor Michele Bullock

Don’t expect rates – and housing prices – to fall by much

The good news is a recession appears to have been avoided. The bad news is that doesn’t mean rates fall back to ultra-low levels, nor will it help make house prices more affordable.

Roger Montgomery

commentaryWealth

Woolworths CEO Amanda Bardwell (left) and Coles CEO Leah Weckert 4x3

Only the supermarkets (and maybe the mafia) act this way

I have just met with a supplier to one of the big supermarkets, and the stories he tells me about the way suppliers are treated is appalling.

Roger Montgomery

WealthBusiness

Bartender at wine cellar full of bottles with exquisite alcohol drinks that have various sweet and sour tastes and dates of manufacture on large wooden shelves.

Market volatility and the unbottling of ‘turning points’

Current market activity suggests major stock indices might be near a turning point. If you want to know why, read on and let me explain over a glass of Penfolds St Henri.

Roger Montgomery

WealthWealth

A man takes a photo in front of the digital market boards at the Australian Stock Exchange (ASX) in Sydney, Friday, March 13, 2020. The ASX has fallen nearly seven per cent on opening after Wall Street suffered its biggest drop since the Black Monday crash of 1987, whilst the Aussie dollar has plunged to a near 12-year low of 62.13 US cents. (AAP Image/Bianca De Marchi) NO ARCHIVING

Reporting season’s mixed bag of sweet and sour

It started with a bang and ended with a whimper. Roger Montgomery breaks down reporting season sector by sector and highlights some uncomfortable truths.

Roger Montgomery

WealthWealth

Robots on the Model 3 assembly line at the Tesla factory in Fremont, Calif. PHOTO: BRIAN MOLYNEAUX FOR THE WALL STREET JOURNAL

Why I love founder-led stocks

The research shows how founder-led stocks are big winners and the results season shows a string of local champions.

Roger Montgomery

WealthBusiness

The real reason Buffett sold his Apple shares

When the world’s greatest investor sells half of his stake in one of the world’s top tech stocks it’s a major event, but the reasons tell us more about Buffett than it does Apple.

Roger Montgomery

WealthWealth

May the bear be with you in Bear Market ...

Sharemarket bears aren’t wrong, just early

The soaring sharemarket got a jolt this week and there may be more bad news to come as earnings reveal the true story of Australia’s economy.

Roger Montgomery

Original URL: https://www.theaustralian.com.au/author/roger-montgomery