 Charles' "The State of the Market" presentation has now not only become a regular event, but one of the most popular talks of the year. Last Wednesday was no exception, with a near-record number of attendees, and questions coming thick and fast. A consummate Financial Advice professional, Charles titled his talk ‘Great Expectations’. No referral to the novel by Charles Dickens of the same title; this time, the “expectations” relate to interest rates falling. Or not… As always, Charles was at pains to emphasise that his talk was “general advice only”. Still, some very pertinent facts surfaced. For example, Charles elaborated on the “Weighting” of different cyclical sectors in his company’s (Wilson Advisory) standard portfolio, e.g. where he is “overweight” and where they are “underweight”. Charles discussed various stocks, the weighting of different sectors in his company’s standard portfolios (see his Wilson Advisory report in the Download Section). Note: this file is not the same as he used in his presentation, which he suggested would “not be suitable for disclosure to the public”. Sorry peeps, you should have been there! Photo: Charles (left) with meeting chairman of the day, Peter Morgan. PS: Fans of Charles Dickens would know that ‘Great Expectations’ in 1860-61 was originally published in weekly episodes, and promoted as a "coming of age story", a comic novel, crime fiction, a Gothic novel, a silver fork novel, a historical novel". So, just where does the Stock Market differ then? Ed. |
At last Wednesday's meeting, President Doug Lipp announced tremendous news: Our club's Fundraising Director Ross Augustine was successful in raising a grant from the Queensland Gambling Community Benefit Fund of over $28,000. This will allow us to purchase a desperately needed replacement for the old forklift at our project shed. Ross even negotiated with the supplier that they'll pay for the freight (around $350.00)!
