Invest
Could growth assets be key to investing in the next Apple?
Growth assets, like the Apple shares that astronomically propelled the wealth of its shareholders over a single six-year period, are foreshadowed to become more appealing to investors chasing greater bang for their buck, an expert has said.
Could growth assets be key to investing in the next Apple?
Growth assets, like the Apple shares that astronomically propelled the wealth of its shareholders over a single six-year period, are foreshadowed to become more appealing to investors chasing greater bang for their buck, an expert has said.
At a GSFM market outlook event, Munro Partners’ chief investment officer, Nick Griffin, discussed the possibility of finding the next Apple in the current low-yield environment, taking into consideration consecutive RBA rate cuts.
“We live in a world where stocks can go up thousands of per cent yet they can only fall 100,” he remarked.
“It’s asymmetrically in your favour to invest in stocks,” he considered, but noted the problem being that stocks are more likely to fall 100 than go up by 1,000.
As a result, Mr Griffin said, “we live in a game where there a very few winners and lots of losers”.
Lessons learned from Apple
The phenomenon of the global mobile phone market has shown the opportunities that can exist for investors in high-growth markets.
A prime example was when smartphones went from a 10 per cent share of the market to an 80 per cent share within six years. Lots of companies went broke trying to capture the growth while Apple succeeded.
According to Mr Griffin, software as a service (SaaS) or cloud computing could be one area where investors can achieve similar growth or losses comparable to the smartphone boom.
“I don’t know where the economy is going in the next 10 years. I don’t know where interest rates are going in the next 10 years. [But] I know that cloud computing is going from a 10 per cent share of all computing to around 40 to 50 per cent share,” Mr Griffin remarked.
“That is going to happen, in the same way that smartphones were going to be adopted,” he continued.
Other areas of interest
The chief investment officer said other areas of interest for high-growth investment include digital payments, global streaming, online retailers, robotic surgeries, aerospace and 5G.
RELATED ARTICLES
About the author
About the author
Stock market
International stocks: Diversifying your portfolio beyond Australia
In an increasingly globalized market, Australian investors have the opportunity to enhance their investment portfolio by incorporating international stocks. Diversifying your investments globally can ...Read more
Stock market
Stock market rally likely to continue regardless of Fed minutes tone, says deVere CEO
The bull run that has propelled Wall Street's major indexes to record highs this month is expected to continue regardless of the tone of the upcoming Federal Reserve minutes, according to Nigel Green, ...Read more
Stock market
US stock rally driven more by valuation growth than earnings, leaving tech names vulnerable: Innova
The strong gains in US stocks over the past year, particularly in the technology sector, have been driven more by expanding valuations than underlying earnings growth, leaving them exposed to a ...Read more
Stock market
Sun Silver to make its ASX debut with a $13 million IPO
Sun Silver Limited (proposed ASX Code: "SS1") has announced the opening of its Initial Public Offering (IPO) today, aiming to raise a minimum of $10 million and a maximum of $13 million (before costs)Read more
Stock market
Nasdaq hits record high, underscores the value of tech in investment portfolios
The Nasdaq Composite's surge to an all-time high last Friday highlights the importance of incorporating technology into investment strategies. Read more
Stock market
Apple sets an unprecedented profit pace within the GAFAM group in 2023
After navigating through the economic difficulties presented in 2022, the technology sector has demonstrated resilience and growth, with many companies seeing increases in revenue and stock value. Read more
Stock market
Fintech startup okoora unlocks over $3 billion in forex savings for businesses
Fintech innovator okoora has announced it has saved customers a monumental amount over $3 billion through international foreign exchange transactions. Read more
Stock market
Google's Gemini edges out ChatGPT4 in groundbreaking AI showdown
Google's latest AI model, Gemini, has edged out OpenAI's ChatGPT4 in a recent set of rigorous multi-discipline tests, marking a significant milestone in the large language model (LLM) sector. Read more
Stock market
International stocks: Diversifying your portfolio beyond Australia
In an increasingly globalized market, Australian investors have the opportunity to enhance their investment portfolio by incorporating international stocks. Diversifying your investments globally can ...Read more
Stock market
Stock market rally likely to continue regardless of Fed minutes tone, says deVere CEO
The bull run that has propelled Wall Street's major indexes to record highs this month is expected to continue regardless of the tone of the upcoming Federal Reserve minutes, according to Nigel Green, ...Read more
Stock market
US stock rally driven more by valuation growth than earnings, leaving tech names vulnerable: Innova
The strong gains in US stocks over the past year, particularly in the technology sector, have been driven more by expanding valuations than underlying earnings growth, leaving them exposed to a ...Read more
Stock market
Sun Silver to make its ASX debut with a $13 million IPO
Sun Silver Limited (proposed ASX Code: "SS1") has announced the opening of its Initial Public Offering (IPO) today, aiming to raise a minimum of $10 million and a maximum of $13 million (before costs)Read more
Stock market
Nasdaq hits record high, underscores the value of tech in investment portfolios
The Nasdaq Composite's surge to an all-time high last Friday highlights the importance of incorporating technology into investment strategies. Read more
Stock market
Apple sets an unprecedented profit pace within the GAFAM group in 2023
After navigating through the economic difficulties presented in 2022, the technology sector has demonstrated resilience and growth, with many companies seeing increases in revenue and stock value. Read more
Stock market
Fintech startup okoora unlocks over $3 billion in forex savings for businesses
Fintech innovator okoora has announced it has saved customers a monumental amount over $3 billion through international foreign exchange transactions. Read more
Stock market
Google's Gemini edges out ChatGPT4 in groundbreaking AI showdown
Google's latest AI model, Gemini, has edged out OpenAI's ChatGPT4 in a recent set of rigorous multi-discipline tests, marking a significant milestone in the large language model (LLM) sector. Read more
