Hello QAV Light Brigade

It’s Monday and this is my weekly report.

Well it was a challenging week, forcing us to sell a few stocks and making it difficult to replace some of them. The market is up this morning, so let’s hope that this week is a little less sticky.

If you haven’t already, please enjoy “Woodstock For Value Investors”, aka the Berkshire Hathaway AGM. It’s always got a bunch of great one-liners from Warren and Charlie. My favourite so far is one from Warren when asked about the impact that AI might have on value investing. He talked about the technology changes he’s experienced since he started investing in the 1940s, and said that the biggest opportunities for investors always lie in “other people doing dumb things” and that won’t change.

BTW, I apologise for this being a little later than usual today. I had to give blood, like I have every three months for the last 20 years. Here’s a little poem about giving blood that I wrote with the help of GPT. 

 

In life’s stream, a crimson river surges,
Through veins so deep, our lifeblood emerges.
Offering hope, to those in dire need,
A simple act, through which love proceeds.
Upon the chair, our arm extends,
As needle’s touch, two lives it mends.
One pint withdrawn, in selfless grace,
A vital gift, that time won’t erase.
In shadows dark, where sickness lingers,
A ray of light, from helping fingers.
Through selfless deed, and noble sacrifice,
A gift of life, the ultimate price.
So rise and join, the scarlet alliance,
In blood’s embrace, we conquer defiance.
Together we stand, our hearts in unity,
A river of hope, for a world in serenity.

 

SELLS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

BUYS

THIS CONTENT IS ONLY AVAILABLE TO QAV LIGHT AND CLUB SUBSCRIBERS.

 

 

DISCLOSURE

In the interest of full disclosure, we would like to advise that, as of the date of this email, the QAV team currently hold these stocks in their personal portfolios:

FHE GRR IGL JHG KAR MQG PRU QAN QBE RMS SGM SUL WAM WAF

Please note that our personal holdings might not include the stocks we recommend in QAV Light. This is because we already have full portfolios (15-20 stocks) and can only add new stocks if we have to sell something.

If you’re interested in learning more, please review our trading and disclosure policy.

 

FOR NEW MEMBERS

If you’re new to QAV Light, here’s a quick reminder on how it works.

    1. We send you an email every Monday advising which stocks we are adding to our Light portfolio.
    2. You can copy our trades, but please remember to review our Trading Guidelines to understand which cap you should be looking at and other important considerations. And consult a financial planner before making any decisions.
    3. We don’t recommend that you add stocks which are already in our portfolio. Their position on our buy list might have changed since we recommended them. Just start with the stocks recommended after you become a member.
    4. If one of the stocks we add breaches one of our sell conditions, we will sell it from our portfolio and you’ll get an email advising of the trade. Again, you can copy our trades, but seek financial advice before making any decisions. And please check your Rule #1 price (see Trading Guidelines).

     

    That’s it for today!

    If we decide to buy or sell something, we’ll let you know.

    Got a question?
    info@qavpodcast.com.au