Roger Montgomery has 3 decades experience in financial markets in Australia, is an author of books on (Value) share investing, & has written in the AFR, The Australian, Age/SMH etc. Furthermore, he, is often a guest on ABC programs.
He is also a Fund Manager, applying Value principles- but is very wary a market crash is a real possibility.
In this ABC NightLife program, with ABC host P.Clarke, on 19.7.22, he suggests there may be a level of "safety" in the current markets by investing in stocks "that have structural tailwinds behind them"- including "coal & oil stocks"(&, I assume, gas), which "are needed to transition to RENEWABLES , which will take longer than many expect...There has been underinvestment in oil & coal, there are shortages".
These are called "sin stocks" by Clarke, & Montgomery is gently rebuked.
Montgomery also supports the long term thematic of the "EV revolution...& DECARBONISATION (all emphases, mine)", & specifically mentioned LITHIUM stocks etc.
(Disclosure: This is also my Investment Thesis, & I follow Montgomery closely. Confirmation Bias, most probably)
https://rogermontgomery.com/abc-nightlife-is-australia-heading-into-recession/?utm_source=newsletter&utm_medium=email&utm_campaign=julysummary&utm_id=rmsummary
(Click on "here", in red- then go to 44 minutes 20 seconds- 48 minutes 20 secs).
The current high oil, gas, & coal prices, if they continue, support movement to renewable energy in general, & EV's in particular.
- Forums
- ASX - By Stock
- Reward vs risk
Roger Montgomery has 3 decades experience in financial markets...
-
-
- There are more pages in this discussion • 254 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LLL (ASX) to my watchlist
(20min delay)
|
|||||
Last
50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $605.4M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
LLL (ASX) Chart |
Day chart unavailable