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

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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

WealthWealth

Concentration risk the new problem for ETF fans

A concentration of stocks dictating sharemarket performance is a risk for index huggers typified by major index funds, especially on Wall Street where the Magnificent Seven dominate.

Roger Montgomery

WealthWealth

circa 1962: Cartoon family the Jetsons, comprised of George, Jane, Judy, Elroy, and Astro, flying in a space car in a space age city, in a still from the Hanna-Barbera animated television show, 'The Jetsons'. (Photo by Hulton Archive/Getty Images)

Why the onward march of tech titans demands change

The explosion of AI capabilities will be felt first among the world’s greatest technology companies – how will we regulate them?

Roger Montgomery

WealthWealth

In defence of private credit as a new asset class

Loving investment property despite never calculating its actual annual return means new opportunities of private credit funds are being missed because of outdated views.

Roger Montgomery

Original URL: https://www.theaustralian.com.au/author/roger-montgomery/page/2