x

75% of people globally want unbiased news (Pew Research) but are concerned they're not getting that.

Get balanced coverage with Symby. See how stories are covered across diverse outlets and spot when one side covers a story the other skips.

PODCAST

The Rules of Investing

Livewire Markets

The Rules of Investing is one of Australia’s longest-running business podcasts, providing investors with unparalleled access to the ideas and insights of Australia’s leading fund managers, economists and industry experts. Learn how the industry’s best invest, with the help of Livewire’s James Marlay and Chris Conway. Whether you’re new to investing or a seasoned professional, this podcast is for you. New episodes are released every second Friday, available on Livewire Markets, Spotify, Apple

business investing

All Episodes

36:41

2 killer growth stocks (and why culture is key to...

The Rules of Investing ·

2023/11/17

Culture is not something that immediately springs to mind when assessing a company and its prospects for the future. More often than not, we investors are scouring profit and loss statements, comparing financial ratios and (if we have the time and skill) constructing valuation models. However, good culture is critical in a business; it takes a long time to build and is hard to maintain. And yet, it can take as little as one rogue employee to upset the delicate balance and ruin it completely. This is

en

02:15

Trailer: Qiao Ma, Munro Partners

The Rules of Investing ·

2023/11/16

Qiao Ma has had an extensive career in funds management including stops in New York working for hedge fund Jericho Capital and more recently Cooper Investors in Melbourne. Earlier this year, Qiao joined Munro Partners, where it was recently announced that she would be leading the Munro Partners Global Growth and Mid-Cap Fund. On the upcoming episode of the Rules of Investing – Qiao shares what it was like starting her career during the GFC, why she likes the small and mid-cap space,

en

31:27

We are in the midst of a social, economic, financial...

The Rules of Investing ·

2023/11/10

From geopolitics to fiscal policy, commodities to equities, this week's featured guest on The Rules of Investing has some high-conviction views on a whole range of subjects. For more than 40 years, Donald Amstad traded his way through the highs and lows of financial markets. After completing his undergraduate studies at Oxford University, Amstad began his career at Japanese trading house Nomura. He went on to hold roles at JPMorgan, JPMorgan Asset Management, and the Bank of America before spending

en

29:13

Invest in what you know, avoid what you don’t:...

The Rules of Investing ·

2023/10/27

Despite all of his success, Morry Waked has remained relatively under the radar. He’s not one to boast of his achievements, and he’s very rarely fronted the media. At Livewire, we dedicate ourselves to finding the best fund managers in Australia - and in a testament to how underground Morry is, he hadn’t even popped up on our radar. Last week, however, Morry found himself thrust into the spotlight and was inducted into the Australian Fund Manager Hall of Fame - joining a now 22-name strong list of

en

48:16

Emma Fisher: Why it pays to be bullish (and the most...

The Rules of Investing ·

2023/10/06

The times when a company is dominating headlines (for all the wrong reasons) are the best time to buy. Take Medibank Private (ASX: MPL), for example, which you may remember, was embroiled in a data breach in October 2022. On the news, the stock's share price plummeted more than 20%. And while it still hasn't retraced its steps to its prior glory, astute investors who picked up the private health insurance provider on the cheap would have since enjoyed a return of around 22%. Today, there are two

en

01:09:29

Matthew Kidman: Get ready to run with the bulls

The Rules of Investing ·

2023/10/05

Matthew Kidman is a well-known entity to readers of Livewire, as host of Success and More Interesting Stuff, Buy Hold Sell, and most recently, Livewire Live. Finally, we got him in the hot seat to run us through his own journey into funds management, his approach to investing, and the way he’s thinking about markets today. From hard truths on a squash court to starting his own shop, Centennial Asset Management, Matt’s story is one of happenstance. It’s also a story about the importance of mentors

en

46:03

Hedge fund managers never name their shorts. This one...

The Rules of Investing ·

2023/09/22

Short sellers have had a tough time of it over the past decade. The era of free money lifted all boats, including companies that would perhaps otherwise be candidates for short selling. Today's market is radically different. Central banks have lifted rates in a desperate attempt to control inflation. Global equity markets have performed well, but much of that performance can be attributed to the tech titans of the Nasdaq. Consumers have less money to spend, while costs are up and top line revenue

en

44:35

Bob Desmond names his ”forever” stock

The Rules of Investing ·

2023/09/15

We're constantly told that diversification is the only free lunch in finance. Yet most of the world's top investors choose not to eat it. Warren Buffett, Charlie Munger, John Maynard Keynes, Lou Simpson, George Soros. All run concentrated portfolios. Today's guest on the Rules of Investing is similarly esteemed, with a similarly concentrated portfolio. Claremont's Bob Desmond runs a portfolio of just 10-15 "quality growth" stocks. And many of the stocks he owned during the 'free money' period of

en

02:08

Trailer: Bob Desmond, Claremont Global

The Rules of Investing ·

2023/09/13

We're constantly told that diversification is the only free lunch in finance. Yet most of the world's top investors choose not to eat it. Warren Buffett, Charlie Munger, John Maynard Keynes, Lou Simpson, George Soros. All run concentrated portfolios. The guest on this week’s episode of the Rules of Investing is similarly esteemed, with a similarly concentrated portfolio. Claremont Global's Bob Desmond runs a portfolio of just 10-15 "quality growth" stocks. What's more of the stocks he owned

en

38:59

3 reasons why the US economy has achieved a...

The Rules of Investing ·

2023/08/25

Ten years ago, investing was an easy game. Thanks to rates near zero and reckless fiscal spending, markets were drunk on liquidity. There was multiple expansion across the board, and winning was relatively easy. Pick an index, sit back and let multiple expansion take care of the rest. Today’s reality is far different. Volatility is high, correlations are weak, and the once reliable 60/40 portfolio is, well, not so reliable. In today’s episode of The Rules of Investing, I sit down with Frances Lim,

en

44:56

Blackwattle’s Ray David is raising red flags about...

The Rules of Investing ·

2023/08/18

There are a select few stocks on the ASX that boast true market darling status. Whereas other stocks sell off at the hint of bad news, market darlings seem to emit an aura effect on markets that itself attracts investment. Biotech company CSL is arguably the Aussie market’s preeminent market darling, having returned 5,741% since inception. For a while, it seemed like CSL could do no wrong. But even royalty can be dethroned... Today’s guest is Ray David, Portfolio Manager and Partner at Blackwattle

en

03:17

Trailer: Blackwattle’s Ray David is raising red flags...

The Rules of Investing ·

2023/08/16

Hello and welcome to the Rules of Investing, brought to you by Livewire Markets, I’m your host David Thornton. On the upcoming episode I sit down with Ray David, Portfolio Manager and Partner at Blackwattle Investment Partners. Alongside Joseph Koh, Ray runs Blackwattle’s brand new Long-Short Quality Fund. Ray has a red flag system for identifying his short and underweight positions. He put CSL through the ringer, and as you’ll learn, it spat out a sea of red flags. He also discusses the Ponzi

en

07:09

Livewire Live is back in 2023!

The Rules of Investing ·

2023/08/16

Livewire Live is an investor event like no other where Australia’s most experienced investors will debate the critical topics in markets right now. It is set to be an unmissable event with an exceptional lineup of speakers and innovative formats. Tickets will sell out, secure your spot here. Speakers We will be announcing additional speakers in the coming weeks. Robert Millner, Chairman, Washington H Soul Pattinson Bobby Yazdani, Founder & Partner, Cota Capital Andrew Clifford, Co-founder,

en

45:18

What do counting cars and delivering an 18% pa return...

The Rules of Investing ·

2023/08/11

There is a good reason why Australia’s sovereign wealth fund, the Future Fund, maintains a 16% allocation to private equity. Returns, returns, returns. Private equity, and the lucrative returns it offers, has traditionally been the restricted domain of institutional investors and off limits to retail investors. Ellerston Capital's JAADE Private Assets Fund bucks that trend by offering retail investors exposure to unlisted Australian growth companies. Like private equity, JAADE’s managers act as a

en

39:13

Regal’s ultimate guide to microcap investing in 2023

The Rules of Investing ·

2023/08/04

If there is one request that we repeatedly receive from our audience, it’s that you want more content on the wonderful, often under-covered world of microcaps. It makes cents (literally). These stocks usually fly under the radar of the masses, providing diligent investors with the opportunity to invest in mispriced stocks and generate capital growth over the long term. However, investing in this area of the market comes with its risks. In 2022, the S&P/ASX Emerging Companies Index suffered a

en

01:02

Trailer: The ultimate guide to microcap investing in...

The Rules of Investing ·

2023/08/02

In the upcoming episode of The Rules of Investing, we're joined by microcap expert Jessica Farr-Jones, the portfolio manager of the Regal Emerging Companies Strategy*. She shares why she is feeling bullish about the opportunity in small and micro caps, some of the stocks that have her excited, as well as a deep dive into what small and microcap investors can expect this reporting season. Here's a preview of what you can expect.

en

48:34

The only ASX stock with a return on equity of over 50%

The Rules of Investing ·

2023/07/28

Value investing is all about buying stocks that are trading below their intrinsic value. In practical terms, that often involves investing in companies and sectors that have been shunned by the market due to particular macro headwinds. "It should be no surprise as to where the pockets of opportunity are," says Tim Carleton, Auscap Asset Management CIO and today's guest on the Rules of Investing. "They're in the more cyclical sectors that people are most concerned about from an earnings

en

42:30

Oscar Oberg: Small caps are primed to rally, and it...

The Rules of Investing ·

2023/07/21

A year ago I sat down with Oscar Oberg, lead portfolio manager at Wilson Asset Management. His thesis then was that small caps were beaten down and due some mean reversion. Alas, small caps haven’t done much since then, with the Small Ords returning 3.91%. Yet Oscar’s thesis also remains unchanged. In fact, it’s gotten stronger! Not only is he positioning for a rebound in smalls and microcaps, he’s doing it with overweight exposure to consumer discretionary, a sector that has been tarred and

en

02:18

Trailer: Small caps are primed to rally, and it...

The Rules of Investing ·

2023/07/19

Hello and welcome to the rules of investing, brought to you by Livewire Markets. I’m your host David Thornton. A year ago I sat down with Oscar Oberg, lead portfolio manager at Wilson Asset Management. His thesis then was that small caps were beaten down and due some mean reversion. Alas, small caps haven’t done much since then, with the Small Ords returning 3.91%. Yet Oscar’s thesis also remains unchanged. In fact, it’s gotten stronger! Not only is he positioning for a rebound in smalls and

en

51:23

Paul Taylor’s guide to long term compounding on the...

The Rules of Investing ·

2023/07/15

Last month, Fidelity marked the 20 year anniversary of its Australian Equities Fund. The fund has consistently outperformed its benchmark, the ASX 200 Accumulation Index, netting over 11% per annum. Paul Taylor, Head of Investments at Fidelity International, has captained that ship from inception to now. The fund's generated 11% per annum over the two decades, through some of the worst crises markets have dealt with. The Global Financial Crisis, the European sovereign debt crisis, COVID-19, and the

en

183 results

Similar Podcasts

TaxTalent.com The Golden Rule Podcast

Adam Golden

TaxTalent.com Podcast

Tony Santiago

Handelsblatt Crime - spannende Streitfälle der deutschen Wirtschaft

Ina Karabasz, Solveig Gode, Sönke Iwersen

Deffner und Zschäpitz – Der Wirtschafts-Talk von WELT

WELT

Black Box - La scatola nera della finanza

Guido Brera e Gian Luca Comandini -...