Tim Moffatt

Portfolio Manager for the @OakleighIM 18.6 Strategic, Flagship Equites & Multi Asset Growth portfolios. 🎣 🤿 ☀️ 🏂 🏖️. Disclaimer;

[Tim Moffatt @TimMoffOak]

@great_martis @Ivana202020 🤣

[Oakleigh @OakleighIM]

US semiconductors ($SOXX) have had an incredible run into 2026.

Earnings upgrades on the back of insane AI compute demand, chip shortages keeping prices (and margins) sky high. It just kept climbing.

Here's the thing about parabolic moves though: they rarely end calmly.

Valuations are priced for perfection right now, and momentum has stalled for the first time in months.

High prices tend to cure themselves. More chip competition, cheaper compute architectures, or AI just getting smarter about needing fewer chips in the first place. It may happen eventually; the jury is out.

Nothing goes up in a straight line forever.

Markets reward discipline over excitement. To learn more about Oakleigh Investment Management's approach to long-term portfolio construction, visit Oakleigh Investment Management: https://t.co/wL7nmmaVnH

*For general information only. Not financial advice or a recommendation to buy or sell any security.

[Oakleigh @OakleighIM]

Returning +33.7% over the past 12 months, the Oakleigh 18.6 Strategic Investment Portfolio remained focused on preserving capital rather than chasing late-cycle gains.

Throughout the year, the Portfolio adapted to changing market conditions through disciplined positioning, ending the quarter with approximately 50% allocated to cash and bonds in line with its focus on capital preservation.

Explore the Portfolio's performance, investment approach and current positioning on our website.

Learn more: https://t.co/W6fqJP35Dq

*Return is just one factor to consider when thinking about investing your money. Past performance is not a reliable indicator of future performance.

____________________

Investment Committee & Partners:
@TimMoffOak, @AkhilGPatel, @Phil_J_Anderson, & @PropertySharem1

[Oakleigh @OakleighIM]

Returning +18.0% over the past 12 months, the Oakleigh Multi Asset Growth Portfolio outperformed its long-term objective of CPI +3.5%.

Throughout the year, the Portfolio balanced growth opportunities with defensive positioning and gradually rebuilt growth exposure as market conditions improved. This disciplined approach helped it remain well positioned while adapting to changing market conditions.

Discover how the Portfolio's diversified approach has supported its long-term performance on our website.

Learn more: https://t.co/TGLb5RchlX

*Return is just one factor to consider when thinking about investing your money. Past performance is not a reliable indicator of future performance.

____________________

Investment Committee & Partners:
@TimMoffOak, @AkhilGPatel, @Phil_J_Anderson, & @PropertySharem1

[Oakleigh @OakleighIM]

Over the past 12 months, the Oakleigh Flagship Equities Portfolio returned +17.3%, outperforming the All Ordinaries Index.

Despite a year of market volatility, geopolitical uncertainty and inflation concerns, the Portfolio remained focused on high-quality businesses while actively managing risk through disciplined capital allocation.

Explore the Portfolio's performance, investment approach and current positioning on our website.

Learn more: https://t.co/qcr30fsv7r

*Return is just one factor to consider when thinking about investing your money. Past performance is not a reliable indicator of future performance.

____________________

Investment Committee & Partners:
@TimMoffOak, @AkhilGPatel, @Phil_J_Anderson, & @PropertySharem1

[Tim Moffatt @TimMoffOak]

@ausstockchick Anything trading up on issue price in this bleak aust market deserves a closer look. @DarrenW006

[Tim Moffatt @TimMoffOak]

@bowtiedstocks 10% falls + 20% inflation…

[Tim Moffatt @TimMoffOak]

@Optuma What module do I need to subscribe to, to get the yield charts? Currently running inverse treasury price chart, but prefer to view headline yield.

[Tim Moffatt @TimMoffOak]

@ausstockchick Two separate clients called on Thursday to tell me they are leaving the country. Quite unusual. Has a breaking/tipping point has been reached??

[Tim Moffatt @TimMoffOak]

@great_martis 🤣

[Tim Moffatt @TimMoffOak]

@bryankav123 @markbouris 🤣

[Tim Moffatt @TimMoffOak]

@BillAckman @DarrenW006

[Tim Moffatt @TimMoffOak]

@Larryjamieson_ Yes

[Tim Moffatt @TimMoffOak]

@plebcapital Demand side stimulus to solve a supply issue… where else have we seen this playbook……

[Tim Moffatt @TimMoffOak]

@ausstockchick “Cools” LoLs,

[Bryan Kavanagh @bryankav123]

@RelearningEcon Yes, unfortunately big rentier interests have the would-be little guys believing they can do it, too. So, although it's a big task, we need to start taxing economic rents more than earned incomes & sales.

[Oakleigh @OakleighIM]

Guiding principle:
When long-term yields rise, the cost of capital rises with them.

That’s when valuations come under pressure.

Understanding where we are in the cycle matters.

Explore a managed investment portfolio aligned with the Real Estate & Banking Cycle: https://t.co/IIdhhEKql7

[Tim Moffatt @TimMoffOak]

@great_martis @Falanfilanst Gann’s 60 year cycle…

[Bryan Kavanagh @bryankav123]

Boom-bust revelations?
https://t.co/l2iPJoba3U

[Oakleigh @OakleighIM]

Several late-cycle pressures are building in markets:
• Rapid growth in private credit
• Heavy concentration in AI and the MAG7
• Huge AI investment spending
• Long-term bond yields staying high
• A steepening US yield curve

These are the kinds of signals that often appear late in the cycle.

Watch the full video to understand what these trends could mean for markets in 2026: https://t.co/1WIpuqkjGC