Author Bio
After producing excellent results in Marketing Operations for over 16 years, and being a business owner prior to that, Jeff has developed a strong understanding of business success and a keen eye for data and detail. Combined with investing experience going back 30 years to his first investment in mutual funds, his knowledge and interests have led him to the role of a contract writer for The Motley Fool.
You may have noticed that online betting and gaming excitement seems to be taking over our television sets and media devices. Every time I turn on the TV these days, I see commercials from the likes of
Ask A Fund Manager
The Motley Fool chats with fund managers so that you can get an insight into how the professionals think. In part 1 of our interview, Medallion Financial managing director Michael Wayne reveals the 2 ASX shares that are his clients’ biggest holdings but still look good value.
Investment style
The Motley Fool: What’s your fund’s philosophy?
Michael Wayne: Medallion Financial, we’re not a fund management company per se. We run personal portfolios or private portfolios for individuals.
Essentially the strategy that we employ for our clients is what we call a top-down, bottom-up approach. And by that what we mean is that we look to identify those sectors of the economy that are booming and have the brightest outlook and the best chances, in our view, of doing well from those natural tailwinds that are out there around the economy.
ASX 200 up 0.6%: TechnologyOne results, BHP & Rio Tinto rise
ASX 200 up 0.6%: TechnologyOne results, BHP & Rio Tinto rise
Aristocrat Leisure Limited (ASX:ALL) and TechnologyOne Ltd (ASX:TNE) shares are making a splash on the ASX 200 on Tuesday…
James Mickleboro has been a Motley Fool contributor since late 2015. After studying economics at university back home in the United Kingdom, James came to live in Australia and managed to land a job at an Australian fund manager. This was the start of a love affair with Australian equities and he hasn t looked back since. James is part of the CFA Institute s Chartered Financial Analyst program and hopes it teaches him how to become an astute investor which allows him to help others with their own investing. Outside of reading and researching he spends many a late night watching the English Premier League and Seinfeld reruns.
The Zip share price rose around 1% today after revealing some global acquisitions.
It’s buying the European buy now, pay later (BNPL) provider Twisto Payments and it has also entered into an agreement to acquire the Middle East, UAE-based BNPL leader Spotii.
Zip said these strategic transactions will enable it to respond to the increase demand from merchants for a single global BNPL solution across multiple markets with a consistent global service quality.
The ASX 200 BNPL business already owns some shares of these two businesses, so whilst they are worth $180 million, the transactions will cost a combined amount of $160 million.
Casino players everywhere are cheering "Buffaloooooooo" as the biggest, most anticipated game of the year – Buffalo Link™ from Aristocrat Gaming™ – stampedes onto casino floors from coast to coast.