Season 1, Episode 43

  No Old, Bold Pilots

“There are old pilots and there are bold pilots, but there are no old, bold pilots.”

- Charles D Ellis

On this episode of our investing podcast:

• We have our sec­ond QAV Club sub­scriber guest, Paul, a crim­i­nal lawyer from Syd­ney, who calls him­self “a dis­as­trous investor”.
• Paul asked Tony a bunch of great ques­tions about the check­list, includ­ing drilling down on why Tony does­n’t try to under­stand a busi­ness deeply before he invests in it (like War­ren Buf­fett and Peter Lynch), and about under­stand­ing how to fac­tor in short­ing.
• Cameron reads out some quotes from “Win­ning The Loser’s Game” by Charles D Ellis and gets Tony’s com­ments on them.
• Our stock deep dive of the week is MRC — Min­er­al Com­modi­ties

Please note: If you want to lis­ten to the pre­mi­um con­tent, sign up to QAV CLUB.