QAV AU 849 — Shake the Tree and Let the Nuts Fall Out

by | Dec 10, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

This week Tony and I wan­der through a very QAV-ish mix of mar­ket weird­ness, port­fo­lio updates, almond con­spir­a­cies, and Bond-lev­el misog­y­ny. COG and ERD get the chop, AMA con­sol­i­dates, sev­er­al new stocks rotate in, and the dum­my and Light port­fo­lios con­tin­ue to absolute­ly embar­rass the index. Tony reveals his own mon­ster year, we unpack strange board moves at Aeris Resources, applaud EarlyPay’s buy­back, and then TK deliv­ers a beau­ti­ful­ly nerdy pulled pork on Select Har­vest (SHV)— com­plete with bee-logis­tics, frost-blow­ers, and almond geopol­i­tics. We fin­ish with digres­sions into Alien Earth, bac­carat, Tik­Tok nutri­tion fear-mon­ger­ing, and Tony’s race­horse win­ning at 26-to‑1. A nor­mal episode, in oth­er words.

QAV AU 848 — ASX Meltdown, Bauxite Boom, and the Case of the Vanishing CEO

by | Dec 3, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

Tony and Cam roll into the final month of 2025 with a wide-rang­ing episode that swings from the ASX’s lat­est tech­nol­o­gy break­down to fund-man­ag­er out­per­for­mance, com­mod­i­ty whiplash, and a fresh pulled-pork on Metro Min­ing. Along the way they dig into Tower’s results, the ongo­ing Eroad saga, Fleetwood’s abrupt CEO exit, Finbar’s expo­sure to esca­lat­ing WA con­struc­tion costs, and the sud­den return of cop­per, plat­inum, zinc, and steel to the buy list. Tony breaks down why boehmite and baux­ite are shap­ing up as the next big strate­gic com­mod­i­ty sto­ry with a pulled pork on MMI (Metro Min­ing), while Cam wraps with a reflec­tion on longevi­ty, friend­ship, and a centenarian’s hard-won life lessons.

QAV AU 847 (v2) — The Reilly Sentiment Ratio

by | Nov 27, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

Tony recounts how he lit­er­al­ly smashed his golf dri­ver and then the show ric­o­chets into AI invest­ing, hon­esty met­rics for man­age­ment, huge port­fo­lio out­per­for­mance, and the sur­pris­ing returns of recent pulled porks. Cameron tests Google’s Gem­i­ni for a new way to score “able and hon­est” man­age­ment and the boys debate whether Buffet’s phi­los­o­phy can be quan­ti­fied. They explore whether sen­ti­ment-dri­ven mar­ket con­trac­tion is actu­al­ly a bull­ish sig­nal (the new “Reil­ly Sen­ti­ment Ratio”), check a string of pulled pork mega-per­form­ers, and mar­vel at how stealth busi­ness­es like hold-my-beer tool retail­er Stealth Group and fash­ion drop-ship­per Cettire have explod­ed. There’s also a Bit­coin con­spir­a­cy: is cryp­to actu­al­ly a hon­ey trap built by West­ern intel­li­gence? Tony digs into takeover mechan­ics using Cash Con­vert­ers, and deliv­ers a new pulled pork on Aur­i­zon Hold­ings (AZJ), with takeover and infra­struc­ture-spin­off impli­ca­tions. It’s val­ue invest­ing, gam­ma waves of AI hype, and bil­lion­aire bunkers… all in one clas­sic QAV episode.

QAV AU 846 — Fortune Favours the Patient

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

This episode we dig through a packed week in mar­kets, port­fo­lios, com­modi­ties, gold trends, sov­er­eign risk, Michael Burry’s fund clo­sure, War­ren Buffett’s farewell let­ter, QAV Light’s mon­ster per­for­mance, the ASX cor­rec­tion, and a full pulled-pork deep dive on SYL (Symal Group). We also cov­er ANZ’s result, gold’s de-dol­lar­i­sa­tion tail­winds, Karoon’s chang­ing lead­er­ship, MTO’s reg­is­tra­tion-duty mis­step, and three recent rock­et-ships on the buy list. The episode ends with film and TV talk: Tarkovsky, Guin­ness, and Slow Hors­es.

QAV AU 845 – Michael Goldberg Returns: Gold, AI, and Value Investing in 2025

by | Nov 11, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

Michael Gold­berg from Collins Street Asset Man­age­ment returns to the show after three years. We dive deep into how val­ue invest­ing has fared through the tur­bu­lence of recent years — from post-COVID strug­gles to the renewed upswing of 2025. Michael dis­cuss­es his firm’s 14%+ annu­al returns, the long-term patience required for under­val­ued stocks, and the sur­pris­ing per­sis­tence of “cheap” com­pa­nies that stayed cheap for years. We explore Astron Lim­it­ed (ATR) and its rare earths project in Vic­to­ria, delve into min­er­al sands, gold funds, and the life­cy­cle of com­modi­ties, and tack­le the hot top­ic of AI’s eco­nom­ic impact, from effi­cien­cy gains to work­force dis­rup­tion. They fin­ish with thoughts on Sev­en West Media’s merg­er, the AI-dri­ven hype around the Mag­nif­i­cent Sev­en in the US, and how val­ue investors can nav­i­gate an over­heat­ed tech mar­ket with­out los­ing their cool.

QAV AU 844 — AI Freeze, Buffett’s Billions

by | Nov 4, 2025 | Australia, Blog, Investing Podcast, Podcast Episodes

In this episode of QAV Aus­tralia, Cameron and Tony dive into the lat­est mar­ket tur­bu­lence, with infla­tion data rat­tling investors and the RBA expect­ed to hold rates steady. They explore Jerome Powell’s com­ments about a hir­ing freeze tied to AI—prompting a dis­cus­sion about automation’s impact on jobs, uni­ver­si­ties, and long-term mar­ket dynam­ics. Cameron updates lis­ten­ers on com­modi­ties (near­ly all in buy ter­ri­to­ry), port­fo­lio per­for­mance (the dum­my up 31% YTD and the Light port­fo­lios up 35%), and the sale of Lind­say Aus­tralia after a long run-up. Tony pro­vides a deep pulled pork on Con­nec­tion Mobil­i­ty (CXZ), analysing its high depen­dence on a sin­gle GM con­tract and the risks around its renew­al. They also talk Berk­shire Hathaway’s $584 bil­lion cash hoard, poten­tial breakup risk post-Buf­fett, KKR’s his­to­ry, and retail woes at Wool­worths, Bun­nings, and beyond. The episode wraps with Mel­bourne Cup tips, Tony’s horse update, and the duo swap­ping music and book recommendations—from Mor­phine to Hein­lein.

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