QAV Blog

The final QAV episode of 2025 is a wide-rang­ing year-end wrap that blends port­fo­lio per­for­mance, mar­ket struc­ture, and deep­er sys­tem think­ing. Cameron and Tony review an excep­tion­al six-month run for QAV port­fo­lios, with mul­ti­ple stocks deliv­er­ing triple-dig­it returns, before drilling into what actu­al­ly drove those results. Tony presents a data-heavy “Pulled Pork” analy­sis that iso­lates growth over PE as a poten­tial explana­to­ry fac­tor behind this year’s out­per­for­mance, rais­ing the pos­si­bil­i­ty of a future refine­ment to the QAV scor­ing sys­tem. The con­ver­sa­tion then moves through glob­al mar­ket per­for­mance, lead­er­ship changes at Wood­side, takeover dra­ma at HUM, crowd psy­chol­o­gy, hous­ing con­straints, and the eco­nom­ics of mod­ern media, clos­ing with books, TV, and reflec­tions on how fast time now seems to move.

In this Christ­mas edi­tion of QAV Aus­tralia, Cameron is joined by QAV mem­ber Scott Mee­han for a wide-rang­ing, can­did con­ver­sa­tion about what it’s real­ly like to start invest­ing from scratch. Scott shares his jour­ney from com­plete begin­ner to dis­ci­plined sys­tem-based investor, explains why QAV appealed to him amid the noise and hype of finan­cial media, and reflects on the emo­tion­al shift from con­stant port­­fo­lio-watch­ing to calm, rules-dri­ven deci­­sion-mak­ing. The episode explores patience, tim­ing ver­sus luck, the psy­chol­o­gy of draw­downs, the temp­ta­tion of “10-bag­ger” nar­ra­tives, and why bor­ing, repeat­able process­es tend to win over time. It’s a ground­ed, human look at invest­ing as lived expe­ri­ence rather than the­o­ry, with insights into port­fo­lio man­age­ment, prof­it-tak­ing dilem­mas, and why ignor­ing sto­ries and focus­ing on num­bers is hard­er — and more valu­able — than it sounds.