Our Team

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

Latest

WealthWealth

Paul Volcker, head of U.S. President Barack Obama's Economic Recovery Advisory Board, speaks during a dinner at the 2009 Institute of International Finance (IIF) Spring Membership Meeting in Beijing, China, on Thursday, June 11, 2009. Former Federal Reserve Chairman Volcker said there are

Tariffs or not, value always wins in the end

We’ve seen markets behave similarly during Covid and the GFC, and good value stocks always retain their appeal — even if investors must be more discerning.

Roger Montgomery

WealthWealth

ROB Harder started life on the tools as a builderÕs labourer and carpenter. Now the former chippy runs QueenslandÕs biggest home builder, the Impact Group, and is looking to expand into southern states such as Victoria.Picture: NIGEL HALLETT

Collapse of builders is a wake-up call on private credit

Private credit fund managers have been hit by developer collapses and just as there are riskier and safer stocks on the sharemarket, so too is the risk profile of private credit funds.

Roger Montgomery

WealthWealth

How to survive the thud as gravity drags Wall Street

The extraordinary price action among investments as diverse as bitcoin or Telsa had to come to an end, and here’s why.

Roger Montgomery

WealthWealth

WiseTech Chief Executive and major shareholder Richard White at the company's Investor Day. NO BYLINE

WiseTech and the double-edged sword of rock star CEOs

Board members at companies with superstar CEOs, like Richard White’s WiseTech, need to have a track record in successfully challenging overbearing founders.

Roger Montgomery

WealthWealth

A man who identified himself as Mr. Courtney punches the Bull on Broadway near the New York Stock Exchange 20 December, 2006 in New York. Courtney said he punches the Bull every day on his way to work. Shareholders in the New York Stock Exchange approved an alliance with European stock market operator Euronext creating the world's first intercontinental bourse, the NYSE said 20 December.The seal of approval by the owners of the New York bourse came after Euronext shareholders gave their stamp of approval to the alliance in Amsterdam on Tuesday. AFP PHOTO/DON EMMERT

The unexpected shocks that could end the bull run

Just a few weeks ago many avid market watchers expected the bull run to continue well into 2025 but now they’re not so certain. What’s changed?

Roger Montgomery

WealthWealth

How DeepSeek has exposed the short lifespan of monopolies

The top investors will tell you that monopolies are the best investments money can buy but as the emergence of China’s DeepSeek shows, assumptions about sectors can be short lived.

Roger Montgomery

WealthBusiness

(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)

Wall Street remains on a winning streak

The world’s most important share market still looks very promising and the new approach from the Federal Reserve is just what is needed.

Roger Montgomery

WealthWealth

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

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

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