Tenva Capital @TenvaCapital - Twitter Profile

Pinned Tweet

5 months ago

Update on Tenva Capital newsletter Off the back of sharing my research through the Tenva newsletter, I am excited to announce that I am joining the investment team of a high-conviction, value-oriented, boutique funds management business based in Melbourne. As such, the newsletter is going on indefinite hiatus, I won’t be making any further comments on ideas shared. A special thank you to all subscribers and readers for your support and engagement since I launched 9 months ago. I hope that many of you have financially benefited off the back of the research shared via the newsletter and wish you all the very best success into the future. I feel incredibly grateful for the fantastic network of friends and investors that launching this platform has allowed me to build. I intend on maintaining a presence on X and hope to stay in touch with many of you! All the very best, Jesse https://t.co/fDY4iNDdkZ

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TenvaCapital retweeted

Geoff Wilson

@GeoffWilsonWAM

12 days ago

Great nations encourage people to take risks, build businesses, invest for the future and create wealth. Weak nations tax those behaviours until they disappear. Australia is at a crossroads. Sign the petition to protect aspiration, investment and opportunity.

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TenvaCapital retweeted

christopher joye

@cjoye

20 days ago

Labor’s new capital gains tax of up to 46% to 47%, which is far and away the highest in the world, hammers all businesses, including small companies, harder the more successful they become. By applying the most expensive CGT regime in the world, Labor is taking almost half of the upside of any successful firm, encouraging owners and executives who own shares in the business to look at relocating overseas. The question, however, is how many small businesses will actually pay this tax in practice. We prepared the following simulation to highlight the impact. We took the long-term 20 year returns from Cambridge Associates for smaller venture capital companies, which grow by 12.2% pa. We adopted the ASX equity market volatility of 15% pa, which would understate the true volatility of small firms (and thus lead to a lower proportion of very high growth companies paying 46-47% tax in our analysis). We then ran a simulation to estimate the proportion of businesses paying CGT of more than 40%. We find that within 10 years more than half of all Aussie small businesses will be hammered by CGT over 40%, which rises to 78% of all small businesses by 20 years... By giving Australia the most uncompetitive business valuation tax in the world, this policy will crush innovation, entrepreneurship, spending, productivity, growth and our global competitiveness. We already have among the lowest productivity growth rates in the world: by reducing productivity further, we could raise the cost of living, inflation, and interest rates.

cjoye's tweet photo. Labor’s new capital gains tax of up to 46% to 47%, which is far and away the highest in the world, hammers all businesses, including small companies, harder the more successful they become. By applying the most expensive CGT regime in the world, Labor is taking almost half of the upside of any successful firm, encouraging owners and executives who own shares in the business to look at relocating overseas. The question, however, is how many small businesses will actually pay this tax in practice. We prepared the following simulation to highlight the impact. We took the long-term 20 year returns from Cambridge Associates for smaller venture capital companies, which grow by 12.2% pa. We adopted the ASX equity market volatility of 15% pa, which would understate the true volatility of small firms (and thus lead to a lower proportion of very high growth companies paying 46-47% tax in our analysis). We then ran a simulation to estimate the proportion of businesses paying CGT of more than 40%. We find that within 10 years more than half of all Aussie small businesses will be hammered by CGT over 40%, which rises to 78% of all small businesses by 20 years... By giving Australia the most uncompetitive business valuation tax in the world, this policy will crush innovation, entrepreneurship, spending, productivity, growth and our global competitiveness. We already have among the lowest productivity growth rates in the world: by reducing productivity further, we could raise the cost of living, inflation, and interest rates.

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TenvaCapital retweeted

Clark Square Capital

@ClarkSquareCap

about 2 months ago

Anybody on fintwit looking to hire? Anybody on fintwit looking to be hired? Send me a dm. About to launch a little project to give back to the community: fintwitjobs. Would appreciate a RT for visibility!

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Tenva Capital

@TenvaCapital

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