Our guest on this episode is Andrew Page, founder of Strawman, an online community of investors providing members with independent, peer-reviewed research and recommendations on the sharemarket. We talk about the thinking behind Strawman and how investors can get the most out of it.
On this week’s show we talk about the HAW price drop, a highlight from the ASA conference, the Aurelia Metals capital raising, Tony’s stock of the week JBH, and answer some of your questions about UWL, AX1, DKM, SFR, RRL NWH, AKG, how Tony calculates his returns, and why we use a 5 year chart with monthly intervals,
Richard Ivers is Portfolio Manager at Prime Value Asset Management, looking after their small cap portfolio. We chatted with him this week about his approach to finding value stocks.
Tony does a deep dive explanation on the Kelly Criterion and we discuss the challenges in applying it to share investing. We also discuss stocks that briefly stick their head above the ground and then retract them again (aka a groundhog), review Tony’s thoughts on average daily trade volume, answer a question about whether SFR is a Schrodinger, talk about how the Reserve Bank’s decision to go max QE and the US election might affect the market, review the CAA consolidation and aluminium prices, and Tony’s stock pick of the week is KMD.
This week we talk about investing with your Spock brain instead of your McCoy brain, why Tony’s Stock of the Week is SFR, why CAA might benefit from rising aluminium prices, how to regression test return on equity, charting the 3PTL lines for LYL, CCV, DKM, RXP, and SUL, and Tony’s Melbourne Cup tip!
Our slightly controversial interview with investor Stephen Moriarty, co-author of the book ‘Low Rates High Returns’. We discuss his approach to using CAPE ratios and Kelly Criterion to time his investing and determine how much of his portfolio he puts into the market.