Karl Siegling firstly discusses China beginning to reopen, with certain China facing stocks, such as A2 Milk (A2M) and Blackmores (BKL), rallying as sales data has been very strong. Karl discusses the St Barbara/Genesis Minerals merger (SBM/GMD) and also notes that Lithium stocks have sold off heavily with Pilbara’s (PLS) BMX auction price having its first month-on-month price decrease in over 18 months. In was then pointed out that coal stocks have rallied with coal price rallying back over $400 from $300 a few weeks ago. And finally they discuss Endeavour (EDV), as Woolworths (WOW) has sold 1/3 of their holding, leaving an overhang.
Funds management involves a lot of synthesis of information and reading. Over the years we all end up reading many investment books and refer to them from time to time.
The team at Cadence has compiled a list of books that have influenced our investment style, or helped provide insight into the investment process.
Whilst not an exhaustive list, the 10 titles contained in this eBook provide a good starting point for any interested investor.