Superfluous Value

Superfluous Value

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Brazilian Value: The Trade of the Decade
Value investing is often described as running towards the fire or seeking out disaster.
17
H1 2024 Portfolio Review
Full portfolio breakdown and discussion of each position
14
Mandarin Oriental: Don't Lose Money
I wanted to compile my notes and seek feedback on Mandarin Oriental; a company I own indirectly through Jardine Matheson and an interesting prospect on…
6
Noteworthy UK Carnage
The UK remains one of my favourite hunting grounds and I’ve written about its challenges ad nauseam over the last few years.
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Guy Davis
12
Hysan Development: Maximum pessimism
Earlier this week I presented Mandarin Oriental as a low risk, special situation way to buy Hong Kong real estate.
4
Buying Ashmore and CKH Update
One of the most frustrating things about writing investment research is when you do good work and the stock goes up, but you forgot the bit about buying…
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Guy Davis
17
H1 2023 Portfolio Review
For the first half of 2023, the Superfluous Value portfolio gained 10% in AUD, underperforming the MSCI ACWI IMI, which climbed 15.3% (also AUD).
2
2024 Portfolio Review
For calendar year 2024, the Superfluous Value portfolio gained 24.8%, underperforming the MSCI ACWI which rose 28.3% (both in AUD).
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Guy Davis
13
2023 Portfolio Review
For calendar year 2023, the Superfluous Value portfolio gained 24.9%, modestly outperforming the MSCI ACWI IMI which rose 20.8% (both in AUD).
6
Petrobras: They're Panicking Again
I just wanted to share a quick note regarding last week’s sell-off in Petrobras, as my thoughts have deepened over the weekend.
8
2022 Portfolio Review
For calendar year 2022, the Superfluous Value portfolio fell 12.4%, essentially steady against the MSCI ACWI IMI which lost 12.5% (both in AUD).
CBD: When the Catalyst Is Slapping You in the Face
I recently made my first purchase for the year, buying a core position in Brazilian holdco Companhia Brasileira de Distribuição (CBD:NYSE).
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