Numbers and letters the lifeblood documents of investing

Numbers and letters the lifeblood documents of investing
Investment world legends Charlie Munger, left, and Warren Buffett in China in 2010. (Image: Getty)
Simon Robertson
NumbersAs reporting season nears a close, I find myself looking at a pedestrian earnings season Down Under. Please don’t shout A2 Milk or Fonterra earnings at me. They are two companies barely off their 10-year lows.North America, on the other hand, is putting some good runs on the board, and the S&P500 is breaking new highs most days.Numbers are important: Aussie is -3.7% year to date and +2% for the past 12 months on a local currency basis.New Zealand is -3.3% year to date and -1% over the past 12 months.The S&P 500 and the Nasd...

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