Our guest on our final episode for 2020 is QAV Club member Damien Parker. He joined us recently to chat about his investing and business career. After a successful career in accounting and a failed property development business, Damien bounced back to write 30 business programs/manuals which grossed $50 million – and created Positive Business, the longest-running newsletter to the small-medium business community in Australia. On this episode he talks about his Business Lessons, why he put up his prices, and why he provided a 120% money-back guarantee.
Transcript available soon.
Last week’s jump in HAW demonstrates why we don’t sell until something hits the 3PTL. Would Tony buy still FMG today? What are the risks of buying stocks with margin loans? Can we fudge the COVID cough? Should we try to predict the future? What about MLD’s capital raising? What happened with MSV? All this and Day Of The Triffids on our last episode for 2020!
Is value investing back? Yes, according to the same people who reported it was dead last year. On this week’s episode we talk about Tony’s “Stock Of The Year”, why we use different Intrinsic Value calculations, whether or not WBC is a buy, whether or not stock consolidations are something to worry about, how Tony uses stop losses, whether or not we should only buy stocks with a significant director interest, how young investors should get started, whether or not it’s better to buy a stock immediately after it has crossed its BUY line, and how much Tony is guided by the financial press.