Podcast | Beyond the AI hype: Understanding Cloud Computing’s Real Moats
What do Costco, Spotify, and a flooring retailer have in common? They all harness a rare business superpower: the flywheel effect. Join Andy and Lachie as they reveal how patient capital, psychological discipline, and customer obsession create unstoppable companies—and how you can spot them early.
Update from the PM – December 2025
Volatility returned in Nov: Bitcoin -20%, S&P 500 -5%, Tech down while Healthcare & Energy surged. Amid the noise, Alphabet soared +14% on Gemini 3’s AI breakthrough. Bubble fears? We break them down.
Podcast | Why High PE Ratios Don’t Always Mean Overvaluation
Andy shares our investment philosophy and why traditional metrics like PE ratios can be misleading when evaluating companies with transformational growth potential.
Update from the PM – November 2025
Earnings season is here: Meta & Blackstone show strong fundamentals, yet stocks dip on short-term narratives. Do short-term moves matter when long-term AI-driven growth is clear?
From Transistors to Transformations: Building AI’s Digital Backbone
As AI demand explodes, the industry has pivoted to something even more powerful: advanced packaging technologies that deliver up to 40x better performance than traditional scaling.
My investing story: Introducing our new Senior Analyst, Tim Le
Discover how Montaka’s new Senior Research Analyst, Tim Le, went from medical student to investment professional and why he wanted to join Montaka.
Quarterly Video: Q3 2025
We share our investment strategy and portfolio performance amid recent political and macroeconomic uncertainty. We maintain focus on long-term opportunities and shed light on several key holdings beyond our core positions.
Update from the PM – October 2025
Global equity markets are more complex than ever—traditional metrics like P/E ratios can mislead in a world of rapid change. First-principles thinking is key to spotting real opportunities.
Uncrowded Advantage: Investing Where Others Cannot
As markets grow noisier and data becomes universal, genuine edges are harder to find. Lachie Mackay shares how the smartest investors gain the uncrowded advantage — by thinking longer term than everyone else.
“Extend the runway” – Why Tencent is still undervalued
Tencent’s flywheel model is driving sustained growth — and the market still doesn’t fully appreciate it. Andrew Macken explains why Tencent’s long-term runway is far from over.