Season 1, Episode 35
I found myself listening to Kenny Rogers’ The Gambler recently (one of my dad’s favourite songs when I was a kid) and it made me think of this week’s show. A little bit of unintended value investing wisdom in that song.
But how do we know when to sell a stock? This week we have a few questions from club members about when to sell and three-point trendlines. We also talk about Tony’s horse that ran in the Cox Plate and why our checklist doesn’t have a debt-to-equity data point.
Our stock analysis this week is KSL – Kina Securities.
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Michael Goldberg from Collins St Value Fund joins us again to talk about how they are managing the current market. This interview was conducted on June 8, so please take that into account.
This is “the white-knuckle part of the cycle”. Portfolio update. Iron ore and gold charts. Stockhistory v Stock Doctor prices. GMA and mortgage issuances. The milk stool legs. RBA and inflation. Small rods is WAY down. Wash-selling. PE contraction. Pulled pork on WDS. Benching Michael Jordan. UPST. Lots of Rule 1 questions. Buying a “wonderful company at a fair price” and ignoring sentiment.