Mark Jones is an old friend of Cameron’s, CEO of Sydney PR and marketing firm Filtered Media, and author of the new book about corporate storytelling, “Beliefonomics”. Tony and Cameron caught up with him in Sydney recently for a chat.
Tony walks us through his decision to buy some STO shares last week (as per the email we sent to QAV Club members on Friday).
Tony then answers some member questions about Stanmore Coal, how listed investment vehicles lend themselves to QAV analysis, the KMT rights issue, and Roger Montgomery’s recent article.
Part 3 of our rebooted getting started podcasts. This picks up where episode 303 left off, halfway through the QAV checklist.
Tony thinks the market is going through the “five stages of grief” and we debate which stage we are up to. He also talks about the “Coppock Curve” which suggests markets, like people, go through periods of mourning. Then we answer some of your questions about: the best way to set up a profile to trade, comparing full-service brokers to low-cost DIY options, how to treat companies with negative “net income “, what Tony thinks about Discounted Cash Flow calculations, his thoughts on the possibility of inflation in the next few years, whether or not he ever uses options, whether or not found he has found any companies with good scores lately, and what he thinks about Kathmandu
Part 2 of our “getting started” reboot. In this episode we get into the nitty-gritty of the checklist and the data sources we use.
Back to answering your questions today, including topics about leveraging your portfolio, replacing Stock Doctor with another data source, banning short-selling, investing in REITs, how to prioritise the watch list, and just generally when to buy back in. Tony’s basic approach right now is to “wash your hands — and then sit on ’em.”