Most stocks are rubbish investments — QAV Weekly Update 2026-10-30

Hi QAVVERS,

Today I’m work­ing from a cafe in For­ti­tude Val­ley because I brought Fox in for a tran­si­tion day at the high school he’ll be attend­ing next year, Human­i­tas. It’s the sis­ter school to Pine, the pri­ma­ry school he’s attend­ed since Grade One. Sev­er­al of the teach­ers at Human­i­tas used to be Fox’s teach­ers at Pine, so they’ve all known each oth­er since he was six years old, which is cool. I’m actu­al­ly jeal­ous that he gets to go to a school like this. They have a hip­py phi­los­o­phy about putting the kids’ hap­pi­ness and well-being first. The idea is that hap­py kids, well-bal­anced kids, will usu­al­ly be con­fi­dent enough to fig­ure out the aca­d­e­m­ic side of things when they are ready to learn. So far it’s been great for Fox and his friends. Of course dif­fer­ent kids have dif­fer­ent needs when it comes to learn­ing modal­i­ties and dif­fi­cul­ties, but if they are hap­py and con­fi­dent in them­selves, these might also be eas­i­er to nav­i­gate.

AUSTRALIAN MARKET UPDATE

The All Ordi­nar­ies rose 1.07% over the five trad­ing ses­sions to Thurs­day 29 Octo­ber 2026, clos­ing at 9,012.60:

• 28 Octo­ber: Sep­tem­ber infla­tion came in at 4.3 per cent over the year, com­pared with 4.0 per cent in August. The ABS also report­ed annu­al trimmed mean infla­tion of 3.6 per cent, against a revised 3.5 per cent for August. (www.abs.gov.au)
• 28 Octo­ber: RBA Gov­er­nor Michele Bul­lock told Sen­ate esti­mates that ener­gy costs and domes­tic capac­i­ty pres­sures were keep­ing infla­tion ele­vat­ed (thanks a lot, Amer­i­ca and Israel). (www.rba.gov.au)

US MARKET UPDATE

The S&P 500 rose 0.74% over the five trad­ing ses­sions to Thurs­day 29 Octo­ber 2026, clos­ing at 7,720.39:

• 28 Octo­ber: The Fed­er­al Reserve held the fed­er­al funds tar­get range at 3.75% to 4%. (Fed­er­al Reserve)
• 29 Octo­ber: The BEA esti­mat­ed that real US GDP grew at a 3.4% annu­al­ized rate in the third quar­ter, com­pared with 2.2% in the sec­ond quar­ter. (BEA; Reuters)
• Mean­while the Brazil­ian elec­tion has played hav­oc with some of our U.S. stocks, but, for­tu­nate­ly, the ones it impact­ed the most we had already sold out of ear­li­er. Hooray for rules!

So, let’s get into my week­ly updates and see where we are at.

All the Best,
Cam

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QAV MYTH KILLERS

Most stocks are rubbish investments

Read the full arti­cle →

STOCK ANALYSIS OF THE WEEK

Aus­tralian Mem­bers can check out the stocks we trad­ed in QAV Aus­tralian Light port­fo­lios this week.

Amer­i­can Mem­bers can check out the stocks we trad­ed in QAV Amer­i­can Light port­fo­lios this week.

Tony did a Pulled Pork on AGL Ener­gy this week, a com­pa­ny right in the mid­dle of its tran­si­tion from coal to renew­ables. Check out the full episode at the link below.

This week on the Amer­i­can pod­cast I did a Pulled Pork on GIII Appar­el, the fash­ion group behind Don­na Karan, DKNY, and Karl Lager­feld, which is going through a rough patch as it los­es its Calvin Klein and Tom­my Hil­figer licences. Check the link below for the full episode.

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BUY LIST

Each week, we pro­duce a buy list based on our val­ue invest­ing sys­tem that we share with our QAV Club mem­bers. The intend­ed pri­ma­ry pur­pose of this buy list is for club mem­bers to use as a ref­er­ence for com­par­ing their own buy list. In the­o­ry, all of our buy lists should look pret­ty sim­i­lar each week.

AUSTRALIAN BUY LIST

QAV Val­ue Invest­ing Buy List (AU) 2026-10-24

U.S. BUY LIST

QAV Val­ue Invest­ing Buy List 2026-10-25

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PORTFOLIO PERFORMANCE

We com­pare our per­for­mance to what we think is the most rel­e­vant bench­mark (SPDR 200 in Aus­tralia, S&P500 in the USA), but if you’re new to invest­ing, these com­par­isons might not mean much. Instead, you can com­pare our per­for­mance to the top-per­form­ing Super Funds in Aus­tralia and see why an ama­teur active investor (who has a sys­tem to fol­low) can out-per­form most of the “pro­fes­sion­als”.

We pub­lish a fresh per­for­mance snap­shot once a month. Week­ly noise does­n’t tell you much in a val­ue-invest­ing sys­tem — what mat­ters is the trend.

Octo­ber 2026 per­for­mance snap­shot.

Aus­tralian Mod­el Port­fo­lio: No trades this week.

Amer­i­can Mod­el Port­fo­lio: No trades this week.

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Become a QAV Light Member today and start your investing on the right track

If you want to find out what we’re trad­ing in QAV Light each week, sign up to become a mem­ber. You’ll get an email from me every Mon­day let­ting you know what we’re buy­ing and sell­ing in that port­fo­lio. You can choose to copy our trades or not. It’s the eas­i­est way to start your rules-based invest­ing career… and you don’t even need to know the rules. I’ll fol­low the rules for you. It’s a good first step to even­tu­al­ly becom­ing a QAV Club mem­ber and learn­ing how to run the sys­tem by your­self.

QAV LIGHT: Same des­ti­na­tion. You choose where you sit.

(Note: Amer­i­cans inter­est­ed in join­ing QAV Light or Club please go here instead.)

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Add QAV America — US stocks, the same QAV method

Already a QAV mem­ber? You can add QAV Amer­i­ca as your sec­ond mem­ber­ship at 50% off — US-list­ed stocks, the same QAV approach, billed in AUD through this site (just one pay­ment to keep an eye on). Add QAV Amer­i­ca →

Not a QAV mem­ber yet? Join QAV first, then you can add QAV Amer­i­ca at the 50% mem­ber rate.

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THIS WEEK’S EPISODES

Vasi­ly Arkhipov Day: QAV AU #953

Peak Hil­figer: QAV Amer­i­ca #76

STOCK NEWS AND UPDATES

COMMODITIES

This week the big changes to com­modi­ties were the fol­low­ing:

Com­mod­i­ty	Sta­tus
LNG	SELL
Wheat	SELL

DISCLOSURE

Please review our trad­ing and dis­clo­sure pol­i­cy.

SIGNING OFF

SSDD!

• Cam

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That’s it for the week!

QAV A GOOD SHAREMARKET!

Got a ques­tion? [email protected]