Articles

Cadence Article 12: Market Psychology and Emotions in Action

Cadence Article 12: Market Psychology and Emotions in Action

We examine Macquarie Group Limited (ASX: MQG), one of our larger positions, where we have combined our fundamental approach with the process we use to scale into and out of positions to ensure that we are adding to winning positions and reducing losing positions.

Cadence Investing Series by Karl Siegling

Cadence Investing Series by Karl Siegling

In this article series by Karl Siegling, Cadence Capital Limited Managing Director and Portfolio Manager, we discuss several aspects of the investment process and how it actually works in practice. The articles cover topics like market psychology and fundamental...

Mining services stocks ride the cycle

Mining services stocks ride the cycle

Every discussion on the mining services sector should start with the concept that commodity prices go up and down based on demand and supply, and resource company profits go up or down. So, too, do those of mining services companies. Put another way, resource company...

Macquarie Group (MQG) breaks $100

Macquarie Group (MQG) breaks $100

Back in November 2012, we told shareholders at our AGM that we had started scaling into MQG at $24 after it hit a low around $17. The audience started laughing! Last week we held our 2017 AGM and the share price was nudging $100. Today MQG finally broke through $100....