We chat with value investor James Williamson, Founder, Executive Director & Chief Investment Officer at Wentworth Williamson Management. We also talk about Brett’s new 3PTL tool, Gary’s terrific QAV-based paper returns on Strawman, MYE fatality and price drop, ZGL price update, FMG – huge drop, execs leaving in droves, CVW financials in SD, handling some tricky flatline graphs, Corporate Tax hike going to the senate in the US, S32 is a zinc miner, ATL and Camplify, MYR is profitable again, but numbers aren’t in SD yet, MWY removed because of lumber graph, SRG breached it’s Sell line, MIN – iron ore sell, why BLX fell nearly 7%, why CDM went down, why EHL and ABA aren’t on the scorecard, SMSFs and Trust Deeds, why TK bought NAB, why WAF is dropping, the sell line for ZIM, Copper price heading in the right direction, and After Hours!
This week we talk about hydrogen futures, the MOZ graph, our portfolio performance, selling MTO, our stock tip performance, Tony’s new idea to replace the 3PTL, GCY back on the buy list, CTP, IDZ’s qualified audit, mixed commodity miners, MMS, CLX, EHL.
In the Club edition, we discuss the ethics of buying coal stocks, using a 25 day moving average, the timing for 3PTL sells, Tony’s thoughts on Elliot Wave theory, Tony’s view on letting emotions impact an investing decisions and a review of ATL’s price, and Tony’s take on how inflation might affect QAV theory.
This week we introduce the “Gladys” graph and the “Napoleon” line. We talk about our stocks of the week (NHC, CVW), the doom and gloom in the global markets and how to use QAV to stay sane, the MYR collapse, how to calculate the sell line for SDG post-dividend, and the charts for AMI, BSE.
In the Club Edition, we also talk about when to buy back into iron ore stocks like FMG, STO sentiment and oil prices, our 4E submission to the ASA, why RIC is a “get in quick” stock, why BXB and ANN dropped quickly, investment structures if you’re living off the dividends (like TK is now), and whether Tony would consider investing in something like BBUS or BBOZ. All that and after hours!