Howard Marks’ rule for markets: Invest long, fail smart
It might sound counterintuitive to many but the Oaktree co-founder’s motto in a rising market is ‘don’t just do something – sit there’.
Victoria Business
Coronado slams Qld coal royalties as rain hits production
The company says Queensland’s onerous coal royalty regime has made the industry less resilient as rain forced it to shut down a mining fleet and lower production forecasts.
‘Ignore the past’: How Howard Marks would size up Nvidia
For billionaire investor and Oaktree Capital co-founder there’s little point in calling out whether the sharemarket is in bubble territory.
Venture fund accused of ‘obstruction’
A co-founder of medtech company Seer Medical has lodged a second legal claim alleging Breakthrough Victoria of effectively sinking the value of his shares.
More Stories
Telstra/TPG knockback leaves mobile mess
Anything that makes Telstra stronger has to hurt its competitors and competition – that’s essentially the logic behind blocking its deal with TPG. But the decision has left a mess.
Same job, same pay a ‘productivity killer’: BHP
BHP boss Mike Henry says same job, same pay will be a ’productivity killer’ and make it harder to justify investing in Australia.
Greystar inks Collingwood build-to-rent deal
Greystar will be the operator of the build-to-rent development, and UEM Sunrise the developer and delivery partner.
Pubs, clubs and cafes in strife as defaults soar 30pc
Payment defaults between food and beverage businesses soared 31 per cent in the year to May, and there are fears conditions could get worse.
Significant RBA shift revealed
The RBA’s June policy meeting minutes have revealed an important shift in the way Governor Phil Lowe and his board operate their interest rate decision making process.
Crypto confusion as investor numbers surge
A new ASX report says 51 per cent of Aussies have investments other than their home and super, with some interesting trends.
The real truth about RBA rate rises
In reality only a very small proportion of home loan borrowers have had their cash flow and savings devastated by RBA rate rises.
More than 100 jobs as Adelaide Hills copper project restarts
More than 100 new jobs will be created as Hillgrove Resources restarts its copper mining operations at Kanmantoo in the Adelaide Hills.
Foxi Capital shut down after ASIC ban
Shaun Fox, the promoter of a $30m mining project in Queensland, has shut down three companies including Foxi Capital after being hit with an eight-year ban by ASIC.
’So embarrassed’: Mum’s anger over son’s car loan wreck
Get your boots on, Mama! When you’re angry that your 20-year-old son has left his ex-girlfriend stranded with a $21k car loan and no car, Barefoot has some sound advice.
Original URL: https://www.themercury.com.au/business/victoria-business/page/192