The Financial Times recently wrote an article, asking “has Warren Buffett lost his touch”. Do we agree? Read on to know more.

Value investing may seem like a simple concept but it necessitates a very challenging task of estimating the future growth of cashflows over coming decades.

From cancelled flights and cancelled aircraft orders to frenzied air freight markets, the fallout from the COVID-19 pandemic has been unprecedented. Here we outline some of the implications of the coronavirus for different corners of the commercial aviation industry.

While digital might seem ubiquitous, there is still tremendous uptake to come. Outside of standard broadband access, all other digital technologies remain less than 50% penetrated by enterprises.

Explore the interesting concepts of the Modern Monetary Theory (MMT). Under this economic theory, it is explicitly acknowledged that governments who issue debt in their own currency cannot default. Ever. So then why exactly do we need taxes?

An abrupt change in macro liquidity may be occurring with the potential for a vacuum, as the U.S. Federal Reserve slows its bond buying programs just as the U.S. Treasury accelerates issuance. This may mean the liquidity tide created when the Fed commenced it's "unlimited" purchase program, would start going out to sea, and possibly leave behind more organic price discovery in markets.

Despite the hindered economic and business activity round the world, the equity markets have continued to rise. This superficially suggests that the equity market does not seem to care about earnings – yet. History shows that in the long run earnings will still matter.

As equity markets continue to rise, investors are slowly getting nervous about the upside potential from current levels over the short and medium terms. We at Montaka do see downside risks in equity markets near-term.

With consumer behaviors rapidly evolving in a COVID-19 world, TV advertising is under severe pressure from falling audiences, lack of sports and an increasing number of ad-free, direct-to-consumer options for video services. As we saw in the wake of the 2008/2009 recession, we may again be on the edge of witnessing the acceleration of structural shifts, underlying the inherent cyclicality of the advertising industry.