January Newsletter | In this edition we discuss our thoughts on the volatility in December and the opportunities that were presented to investors in a turbulent final month of the calendar year for the Australian market. ... Read more
Auscap Sydney University Finance Competition Results – Sem 2, 2013
Auscap Asset Management is pleased to announce that Tom Farmakis is the winner of the Auscap Sydney University - Mergers & Acquisitions Competition (FINC3013) for Semester 2, 2013. Students within the Mergers and Acquisitions Course were asked to ... Read more
An Alternative Notion of Margin of Safety
October Newsletter | Investing in stocks with a sufficient "margin of safety" between the price a security trades for in the market and what one might consider a conservative estimate of the intrinsic value of the entire company is a key principle ... Read more
Risk And Reward: The Case For Size & Liquidity
September Newsletter | At Auscap we prefer to invest in large and mid cap companies, favouring characteristics that include familiarity, a proven competitive advantage, a strong track record of return on equity, recurring cash flow and stock ... Read more
A Numbers Game
August Newsletter | In this edition we discuss the importance of relevant and timely data and how independent data analysis assists us in evaluating circumstances objectively. We demonstrate how data can be a predictor of both company performance and ... Read more