Regres­sion test­ing with Dylan the intern; “A Quan­ti­ta­tive Approach to Tac­ti­cal Asset Allo­ca­tion”; SOTW: MXI; Tony’s thoughts on invest­ing in a NASDAQ 100 ETF; should keep our AGD shares; Why did TK skip past MYR on the buy list; cap­i­tal rais­ing only to insti­tu­tion­al investors; How AGMs fit into Tony’s invest­ment strat­e­gy; look­ing at a Depth of a share chart; post­pon­ing a deci­sion to buy a share based on the AFR head­lines; a check­list for report­ing sea­son; how the cur­rent buy list com­pares to oth­er peri­ods; QAV book club.

Full tran­script avail­able. 

Related

Boring Stocks, Bonkers Returns: QAV AU #926

On this week’s show we wrap up the finan­cial year and the num­bers are, frankly, bonkers: the AU mod­el port­fo­lio is up near­ly 29% for the year, the Light port­fo­lios are up near­ly 36% as a group, and the US mod­el is up 44% against a 20% S&P. Tony then does a Pulled Pork on EVZ Lim­it­ed, a small engi­neer­ing fab­ri­ca­tor that has gone from 16 cents to 65 cents in 12 months and just land­ed on the buy list. We also get into the warn­ing signs stack­ing up on Wall Street, from mar­gin loans up 50% to the Bank of Inter­na­tion­al Set­tle­ments call­ing out AI data cen­tre spend­ing as a poten­tial GFC-style melt­down risk.

OIL THAT: QAV AU #925

This week we cov­er the Iran oil sanc­tions waiv­er and what it means for the oil price, plus debrief on sell­ing our oil stocks (Karoon, Viva Ener­gy, Brook­side) ahead of what turned out to be a nasty drop. Tony does a Pulled Pork on ASX-list­ed labour hire and train­ing firm Ash­ley Ser­vices Group (ASH), a thin­ly trad­ed turn­around sto­ry with a strong own­er-founder and a QAV score of 0.24. We also note the pass­ing of Alan Greenspan, the Cred­it Corp / Humm deal falling apart, and end-of-finan­­cial-year port­fo­lio num­bers that have the dum­my port­fo­lio well ahead of the index.

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