Platinum Asset Management

17/10/2023

Of all the challenges an investor faces, the most difficult to overcome are often those in our psychology. Ask yourself ‘Do I do this?’

Loss aversion: According to empirical evidence, the pain of losing $100 is felt more than twice as much as the pleasure of gaining the same amount (Kahneman and Tversky, 1992).

Sadly, this irrational approach is evident in the stockmarket. Many investors keep hanging on to losing stocks in the hope that, some day, somehow, they will bounce back. Such is the distaste for loss that it causes a mental freeze which renders people incapable of sound judgement.

Loss aversion is a common condition. Think about it – facing a loss, do you sometimes freeze and refuse to acknowledge reality?

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21/09/2023

Andrew Clifford provided a compelling investment case for China and Japan in a recent Livewire Markets panel discussion. https://www.livewiremarkets.com/wires/why-these-stocks-remain-massively-under-owned-and-are-a-glaring-opportunity

14/09/2023

In our final travelogue, Leon Rapp returned to Japan to check out all the shareholder-friendly initiatives.

Enjoyed our travelogue series or missed one? Watch the compilation highlights video here: https://www.platinum.com.au/insights-tools/the-journal/platinums-back-on-the-road?utm_source=facebook&utm_medium=social&utm_campaign=facebook_article_share&utm_content=video_back_road

11/09/2023

When you think of tech hubs, Sweden and Norway may not exactly spring to mind. Jimmy Su chats about a particularly ‘wise’ opportunity.

08/09/2023

Check out our latest monthly updates, providing up-to-date market commentary, performance and portfolio positioning across the Platinum product range. https://www.platinum.com.au/investing-with-us/investment-updates?utm_source=facebook&utm_medium=social&utm_campaign=facebook_article_share&utm_content=aug_monthly_update

06/09/2023

On her recent research trip, Dr Bianca Ogden enjoyed hanging out with the Exscientia team in Oxford and seeing their progress in advanced drug discovery.

04/09/2023

In our third travelogue, Manroop Singh was impressed with the automation in supply chains in Poland, Switzerland and Germany.

31/08/2023

Platinum’s back on the road, searching for new investment opportunities… Travelogue 2/6

Kirit Hira visited Mumbai, Delhi and Bangalore, exploring the capex boom.

29/08/2023

Platinum’s back on the road, searching for new investment opportunities… Travelogue 1/6

Zoe Middleton was curious about luxury goods companies in London, Paris and Milan.

23/08/2023

The energy utilities sector is facing enormous challenges over the coming decades as we undertake the carbon transition. Liam Farlow and Ben Robinson discuss these challenges and opportunities, drilling down into one of our holdings, AGL Energy.

The energy utilities sector is facing enormous challenges over the coming decades as we undertake the carbon transition. Change, fear, and investors’ perceptions and valuatio…...

21/08/2023

Investing in travel stocks during an unprecedented worldwide lockdown was uncomfortable, but it is true to Platinum’s contrarian style. Three years on, how did it all play out? Nik Dvornak chats with Olivia Salmon. Sneak peek below, full video here: https://www.platinum.com.au/insights-tools/the-journal/video-psychology-provides-the-edge-when-navigating-uncharted-waters?utm_source=facebook&utm_medium=social&utm_campaign=facebook_article_share&utm_content=video_psychology

17/08/2023

Buying a company that sells credit data to banks may seem counterintuitive when fears of a recession are high, but that’s exactly the sort of company Platinum likes. Clay Smolinski discusses the role of macroeconomics in investing and how times of increased uncertainty can create mispricings and opportunities. Sneak peek below, full video here: https://www.platinum.com.au/insights-tools/the-journal/video-finding-opportunities-where-others-fear-to-tread?utm_source=facebook&utm_medium=social&utm_campaign=facebook_article_share&utm_content=video_opportunities