A brief examination of the history and theory of stock market investing based on fundamental valuations, with reference to Graham & Dodd (1934), Fama & French (1992) and modern behavioral finance.Australian equity market distortions over the last 25 years. An examination of their causes and resolutions. What gave rise to these events and why we should we expect to see future bubbles and busts.
What can we learn from these past events? And how can we detect and avoid future bubbles and busts? A better approach to valuing stocks and other assets, based on the behavioral theories of Daniel Kahneman (Nobel Prize, 2002). Some examples of this approach to forecasting.
An examination of Australian residential property prices. History, international comparisons, valuation methodologies and the importance of residential property to the Australian economy. What are the risks of a fall in home prices?The history of credit in the Australian economy and the bank's role in the changes over the last 50 years. An international comparison of the Australian banking system and bank share prices.
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