QAV AU 833 — Clime: A Masterclass with John Abernethy

by | Aug 19, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In this episode, Tony and Cameron sit down with John Aber­nethy, vet­er­an investor and founder of Clime Invest­ment Man­age­ment, for an in-depth con­ver­sa­tion about val­ue invest­ing, funds man­age­ment, and the evo­lu­tion of Australia’s finan­cial indus­try. John shares sto­ries from his ear­ly days at NRMA in the 1980s, the influ­ence of War­ren Buffett’s phi­los­o­phy, and the cre­ative use of con­vert­ible notes to bridge val­ue gaps. He explains how Clime evolved into a $1.6 bil­lion mul­ti-asset man­ag­er, why self-fund­ing com­pa­nies like Nick Scali are rare gems, and the chal­lenges of today’s funds man­age­ment envi­ron­ment. The dis­cus­sion also cov­ers the rise of man­aged invest­ment accounts, the impor­tance of div­i­dends, macro­eco­nom­ic forces, and Clime’s cur­rent offer­ings on the ASX.

QAV AU 832 — The Business of Barnyard Medicine

by | Aug 13, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In this episode, Cameron and Tony dig into a big week of mar­ket news and com­pa­ny updates. They kick off with the ASX’s lat­est blunder—confusing TPG Cap­i­tal with TPG Telecom—sparking a dive into the stock exchange’s oper­a­tional woes and com­pet­i­tive threats. The con­ver­sa­tion shifts to the broad­er market’s strong per­for­mance and a fiery Tik­Tok rebut­tal on neg­a­tive gear­ing, lead­ing to a deep dive into hous­ing pol­i­cy, rental mar­kets, and gen­er­a­tional wealth-build­ing. Report­ing sea­son high­lights include strong moves from Cred­it Corp, Austal, Vault, Per­en­ti, Eroad, and Kor­vest, plus an exam­i­na­tion of Ingham’s ongo­ing R&D tax dis­pute with the ATO. Lis­ten­er ques­tions cov­er IDA’s sharp price drop, QBE’s results reac­tion, and a 60 Min­utes seg­ment on Ener­gy Tran­si­tion Min­er­als. Tony’s “Pulled Pork” focus­es on Api­am Ani­mal Health (AHX), a rur­al vet busi­ness roll-up with M&A poten­tial. The after-hours seg­ment touch­es on Bowie’s The Man Who Fell to Earth, the Trump biopic The Appren­tice, and Ali vs. Foreman’s “Rum­ble in the Jun­gle.”

QAV AU 831 — A‑Musing

by | Aug 5, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In episode 831 of QAV Aus­tralia, Cameron and Tony go into detailed dis­cus­sions on Beach Ener­gy (BPT), Plen­ti Group (PLT), Motor­cy­cle Hold­ings (MTO). They explore the state of gold and com­mod­i­ty sell rules, and whether young peo­ple are tru­ly worse off than boomers. Tony wraps up with a deep dive Pulled Pork on Vault Min­er­als (VAU), while Cam gets philo­soph­i­cal about AI and Epi­cure­an physics with a touch of Lucretius. It’s a jam-packed episode full of insights, laughs, and sharp invest­ing com­men­tary.

QAV AU 830 — Bhagwan Kynaston

by | Jul 30, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In this episode of QAV Aus­tralia, Tony and Cam dive into the unex­pect­ed res­ig­na­tion of Mac­quar­ie Group’s CFO, the per­for­mance of Fortes­cue Met­als Group, and delve into the spec­u­la­tions about cost-cut­ting mea­sures in the ASX 200. In the ‘Pulled Pork’ sec­tion, they high­light a new addi­tion to the buy list, Bhag­wan Marine, dis­cussing its oper­a­tional his­to­ry, growth poten­tial, and QAV met­rics. The after-hours seg­ment fea­tures a live­ly debate on Triple J’s Top 100 Aus­tralian tracks of all time.

QAV AU 829 — Chat QAV

by | Jul 23, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In this episode of QAV, Cameron and Tony dig into mar­ket opti­mism as the All Ords hits record highs, despite ques­tion­able fun­da­men­tals. They explore how QAV typ­i­cal­ly out­per­forms post-crash, backed by data from the dum­my and light port­fo­lios. Cam reviews the new AI tools in Navexa and pre­views ChatGPT’s autonomous agent fea­tures. Tony reflects on investor psy­chol­o­gy, espe­cial­ly the pri­or­i­ti­za­tion of low volatil­i­ty over out­per­for­mance, and deliv­ers a detailed pulled pork on Beach Ener­gy (BPT). They also weigh in on free cash flow vs. oper­at­ing cash flow, lament the lack of media trans­paren­cy, and wrap with cul­tur­al mus­ings on The God­fa­ther, Robert Maxwell, and John Wick’s bul­let­proof bel­ly.

QAV AU 828 — Buy List Vacation

by | Jul 16, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In this episode of QAV, Cameron and Tony dis­sect a week full of mar­ket con­tra­dic­tions, surg­ing port­fo­lios, and cau­tion­ary tales. They kick off with the Chi­nese eco­nom­ic “col­lapse” that some­how boost­ed mar­kets, then riff on Trump, Epstein, and MAGA melt­down. Tony shares updates on com­modi­ties (near­ly every­thing is a buy again) and port­fo­lio per­for­mance (the dum­my portfolio’s had a gang­buster month). They debate con­fes­sion sea­son and buy­ing rules before deep-div­ing into the week’s pulled pork on EDU Hold­ings — a micro­cap edu­ca­tion stock with a wild back­sto­ry and sol­id num­bers. Oth­er top­ics include the First Guardian super deba­cle, the RBA’s sur­prise rate deci­sion, the grift of anti-woke ETFs, ASX’s idea to allow dual-class shares, and Superman’s sur­pris­ing return to form.

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