QAV is a rules-based value investing system.

30+ years of research and refine­ment. Since we start­ed the pod­cast (2019) our pub­lic QAV Port­fo­lio has out­per­formed the mar­ket by 2x.

Pod­cast + Starter Kit + Mem­bers’ tools. Edu­ca­tion­al, not advice.

from our members

Trent

“Sol­id back to back returns with QAV hit­ting 21% this year for me. Once again sur­prised at how much divis made up of return which was boost­ed this year due to cap­i­tal returns and spe­cial div­i­dends. Over the FY I have held 26 Stocks and 15 have pos­i­tive­ly con­tributed to over­all return. Biggest rule break of year was par­tial sell­ing some win­ners, which has neg­a­tive­ly impact­ed return as both are now high­er than where I sold.”

July 1, 2025

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Matt

“I’m vague­ly in the ball­park of 22%. Bit hard to cal­cu­late as I’ve been adding cash into the port­fo­lio through­out the year.

Looks like every­one is very hap­py with PRN 🙂

Cur­rent­ly hold­ing BOL, LAU, MAH, MME, PGH, PPM, PRN, SMR, KSL.

Very lit­tle trad­ing in the last 6 months as every­thing has been sit­ting up above 3PTLs/rule 1.”

9 July 2025

Darryl

“Good returns for me in this 24–24FY of 21.6%. Divs & Cap­i­tal Returns (PPM & HLS) account­ed for 2.5%. Makes a good change from last year which was pret­ty flat for me.

Biggest gains

- RRL 110%
- PRN 59
- GNP 57%”

4 July 2025

Michael

“Good year fol­low­ing on from a good year last year 33.4%. 9 stocks. Biggest con­trib­u­tors:
JBH 91.8%
RIC 47.3%
NCK 37.3%
QBE 37.6%
PRN 27.5%”

1 July 2025

Brendan

“Just upgrad­ed from light to Club. Been a Light mem­ber since 2022.

My port­fo­lio was slow­ly track­ing upwards through 23,’24, but this year, since March, it’s scream­ing ahead, cur­rent­ly show­ing a 61.48% return. I use QAV Light for the major­i­ty of my invest­ing; how­ev­er, I also DCA into the S&P 500, and hold a few mag 7 stocks, which I owned before sign­ing up to QAV.

The Major­i­ty of my return has come from QAV Light stocks, which make up rough­ly 65%, com­pared to 35% from oth­ers.”

18 Sep­tem­ber 2025

Geoff

“Port­fo­lio hov­er­ing around 90% return. Has 4 stocks over 100%, with MLX in par­tic­u­lar just over 200%. Been using QAV since maybe 2022 (maybe longer). In ear­ly years, port­fo­lio was “bang­ing around the ‘sleazy wine bar’ end of the mar­ket” with very aver­age per­for­mance, at one stage down to 5%. This year see­ing “the shiny end.” Does­n’t review annu­al reports, some­times checks ASX announce­ments, fol­lows the sys­tem and reg­u­lar­ly updates 10% rule 1’s.”

Octo­ber 6, 2025

QAV is a scientific value investing system.

Since incep­tion (6+ years) our exam­ple QAV Port­fo­lio has con­sis­tent­ly out­per­formed the mar­ket by 2x.

We teach our mem­bers how to fol­low the sys­tem.

Check out a recent episode but if you’re brand new, we rec­om­mend scrolling down to lis­ten to our intro­duc­tion episode, where you can learn more about Tony Kynas­ton and his QAV sys­tem. 

RECENT PODCASTS

Major Feelgood: QAV AU #924

Major Feelgood: QAV AU #924

On this week’s show, we wade through a big news cycle: the US-Iran peace deal that forced us to dump our oil stocks, the SpaceX IPO trad­ing at a jaw-drop­ping 1,750 times PROPCAF while los­ing mon­ey, and the brief Kore­an stock mar­ket cir­cuit break­er that felt a lit­tle too dot­­com-era for com­fort. Tony does a Pulled Pork on Sun­corp Group, fresh­ly returned to the buy list after divest­ing its bank­ing arm to ANZ, and I run the num­bers on the Dogs of the Dow ver­sus QAV over five years.

read more
Beds, Banks and Bionic Men: WEB Travel in the AI Age: QAV AU #922

Beds, Banks and Bionic Men: WEB Travel in the AI Age: QAV AU #922

This week Tony’s back from the horse sales and dives straight into a Pulled Pork on WEB Trav­el Group, the B2B hotel bed-bank­ing busi­ness spun out of the old Web­jet. We also cov­er neg­a­tive gear­ing changes and how they com­pare to what Paul Keat­ing tried in the late 1980s, plus a lis­ten­er ques­tion on Serv­cor­p’s recent price wob­ble, port­fo­lio com­par­i­son notes from lis­ten­er Toby, and the usu­al after-hours chat cov­er­ing Top­golf, Bugo­nia, Spi­der Noir, and the eter­nal genius of Steve Austin run­ning in slow motion.

read more
QAV Infographic 2025

LISTEN NOW

Start lis­ten­ing to our week­ly pod­cast and take it at your own pace.

Click here to watch a short video intro­duc­tion or lis­ten to our intro­duc­tion episode below, which give a back­ground on Tony and his sci­en­tif­ic approach to val­ue invest­ing.

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our portfolio

When we start­ed the QAV pod­cast back in 2019, we cre­at­ed a ful­ly trans­par­ent dum­my port­fo­lio so our audi­ence can see how our sys­tem for val­ue invest­ing works in real-time. 

Since incep­tion, the port­fo­lio has sig­nif­i­cant­ly out­per­formed the bench­mark. The graph shows the rel­a­tive per­for­mance (CAGR) of our port­fo­lio (green) vs the bench­mark (blue).

Learn More

our portfolio

When we start­ed the QAV pod­cast back in 2019, we cre­at­ed a ful­ly trans­par­ent dum­my port­fo­lio so our audi­ence can see how our sys­tem for val­ue invest­ing works in real-time. 

Since incep­tion, the port­fo­lio has sig­nif­i­cant­ly out­per­formed the bench­mark ASX 200. The graph shows the rel­a­tive CAGR per­for­mance of our port­fo­lio (green) vs the ASX 200 (blue).

Learn More

meet your hosts

TK (on the right): The nicest rich guy you’ll ever meet, Tony Kynas­ton is a mul­ti-mil­lion­aire pro­fes­sion­al val­ue investor who lives in Syd­ney. Thanks to the QAV invest­ing check­list sys­tem he devel­oped, the aver­age return on his port­fo­lio over the last 30 years has been dou­ble mar­ket (after tax and costs have been deduct­ed). When he’s not invest­ing, he’s obsessed with play­ing golf, breed­ing hors­es, read­ing, and spend­ing time with friends and fam­i­ly. 

CR (the oth­er one): Cameron Reil­ly is Tony’s 50+ year old stu­dent and the pro­duc­er of the show. He was Australia’s first pod­cast­er, has made a doc­u­men­tary, and has writ­ten a few books. He lives in Bris­bane. When not train­ing to become a val­ue invest­ing black belt, he spends his time mak­ing his­to­ry pod­casts, play­ing chess, prac­tis­ing Wing Chun, learn­ing Ital­ian, and spend­ing time with his fam­i­ly. 

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meet your hosts

TK (on the right): The nicest rich guy you’ll ever meet, Tony Kynas­ton is a mul­ti-mil­lion­aire pro­fes­sion­al val­ue investor who lives in Syd­ney. Thanks to the QAV invest­ing check­list sys­tem he devel­oped, the aver­age return on his port­fo­lio over the last 30 years has been dou­ble mar­ket (after tax and costs have been deduct­ed). When he’s not invest­ing, he’s obsessed with play­ing golf, breed­ing hors­es, read­ing, and spend­ing time with friends and fam­i­ly. 

CR (the oth­er one): Cameron Reil­ly is Tony’s 50+ year old stu­dent and the pro­duc­er of the show. He was Australia’s first pod­cast­er, has made a doc­u­men­tary, and has writ­ten a few books. He lives in Bris­bane. When not train­ing to become a val­ue invest­ing black belt, he spends his time mak­ing his­to­ry pod­casts, play­ing chess, prac­tis­ing Wing Chun, learn­ing Ital­ian, and spend­ing time with his fam­i­ly. 

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Learn From One Of Aus­trali­a’s Top Investors

Get Access To Week­ly ASX Stock Tips

Join Aus­trali­a’s Biggest Val­ue Invest­ing Club 

Over 30 years, Tony Kynas­ton has built one of Australia’s largest pri­vate share port­fo­lios. His aver­age return has been dou­ble the mar­ket.

Each week we pro­vide mem­bers with stock rec­om­men­da­tions based on Tony’s analy­sis of their fun­da­men­tals using his invest­ing sys­tem. 

Join QAV Club to get exclu­sive access to pre­mi­um con­tent, Zoom sup­port, and the abil­i­ty to ask Tony your invest­ing ques­tions.

THREE WAYS TO ENGAGE

There are three ways to engage with QAV. The first and eas­i­est is just to lis­ten to the free ver­sions of our our pod­cast or fol­low us on Tik­Tok. When you’re ready to start invest­ing along with the pod­cast, you can sign up to become mem­bers of one of our two com­mu­ni­ties, QAV Club and QAV Light.

QAV CLUB

QAV Club is for peo­ple who want to learn how to become val­ue investors. Learn more about QAV Club.

QAV LIGHT

QAV Light is for peo­ple who just want stock tips each week. Learn more about QAV Light.

free weekly investing email

Each week we send out a week­ly email with updates. It’s the per­fect way to get start­ed on your invest­ing jour­ney.

free weekly stock tips

Each week we send out a week­ly email with stock tips and pod­cast updates. It’s the per­fect way to get start­ed on your invest­ing jour­ney.
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