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
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Today “St Anthony” answers your questions, reveals the true cost of sending kids to private school, and explains how he approaches raising a wealthy child.
Our guest this week is Michael Dee from Pythagoras Investing – www.PythagorasInvesting.com. His tool “predicts the timing of upcoming share events and their positive or negative price effects.”