Roger Montgomery asks: Are Aussie CEOs asleep at the wheel?

Overpaying for assets is not a characteristic unique to 'mum and dad' investors. CEOs in Australia have a long and proud history of burning shareholders' funds to fuel their bigger-is-better ambitions. In this interview with Peter Switzer, Roger Montgomery discusses PaperlinX, Fairfax, Foster's, Zinifex and Oxiana. In Roger's opinion, the CEOs of these businesses have consistently overpaid for assets, driven down their returns on equity and made the Value.able value of intangible goodwill carried on the balance sheet look absurd. Which Australian business does Roger Montgomery believe has consistently acquired other businesses at the right price?

Switzer TV with Peter Switzer was broadcast on the Sky Business Channel on 5 May 2011.


Visit ‪‪‪http://www.rogermontgomery.com/ for Roger Montgomery's step-by-step guide to valuing the best stocks and buying them for less than they're worth.

‪‪‪http://www.switzer.com.au/ from Peter Switzer is an online portal for retail investors and small business owners, offering daily news and articles on small business and personal finance. Switzer also provides industry-leading Financial Planning and Business Coaching services.

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News & Politics

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• Roger Montgomery
• Peter Switzer
• Stock market advice
• Sky Business
• Australia
• news
• A1 stocks