ALL Seasons

All Australian Episodes

Find every Aus­tralian episode below.
For Amer­i­can episodes, please vis­it this page instead.

How To Listen

There are many ways to listen to our episodes.

You can stream them. You can down­load them.

You can put them on your phone or tablet. It’s up to you.

PLEASE NOTE: IF YOU WANT TO ACCESS ALL OF THE PREMIUM CONTENT

Start Your Free Tri­al Now!

Or just click on an episode below and stream it.

QAV AU 826 — Soundtrack Legends to Stock Spreadsheets

Jul 2, 2025

In this episode of QAV, Cameron and Tony kick off the new finan­cial year with trib­utes to Lalo Schiffrin and Bill Moy­ers before div­ing into end-of-year port­fo­lio roundups. They com­pare the dum­my portfolio’s 19.87% gain against the STW’s 13.61%, dis­sect U.S. port­fo­lio returns ver­sus the S&P 500, and unpack Tony’s con­cen­trat­ed sev­en-stock strat­e­gy. Lis­ten­er Trent shares his 21% return con­fes­sion, there’s a debate on ditch­ing the Alt­man Z‑score in favour of the Piotros­ki F‑score. They then explore com­mod­i­ty dynam­ics and deep-dive into GR Engi­neer­ing Ser­vices (GNG) as their Pulled Pork pick, before wrap­ping up with cul­ture picks—from Nick Cage flops to Nina Simone grooves. 

QAV AU 825 — Bombs, Billboards & Bargain Buys

Jun 25, 2025

It’s cold, the mar­kets are weird, and the boys are back. Cameron and Tony kick things off with oil-patch whiplash, Iran–Israel the­atre, and Trump’s “Mis­sion Accom­plished 2.0” tweet-storms. Port­fo­lio num­bers, con­fes­­sion-sea­­son land-mines, and sud­den 30 % face-plants (look­ing at you, **AMI**) fol­low. Tony spot­lights sur­prise win­ners (**OML**, **SHA**, **SRG**, **GNG**) and takeover bait (**STO**, **THL**), while ASX cops an ASIC probe for drop­ping the tech ball. Virgin’s sec­ond-shot IPO, Karoon’s Brazil­ian land-grab, and a pulled-pork deep dive on **COG** round out the finance. After hours: jazz-piano Gold­blum, Kelly’s Heroes, and Peter Ellyard’s octo­ge­nar­i­an opti­mism. 

QAV AU 824 — Charizards, Crypto & Capital Gains With Navarre Trousselot

Jun 18, 2025

In this spe­cial QAV episode, Cameron and Tony are joined by Navarre Trous­selot, founder and CEO of Navexa, Australia’s home­grown port­fo­lio track­ing and tax-report­ing plat­form. The episode kicks off with a charm­ing tale of how Navarre’s first entre­pre­neur­ial ven­ture was Poké­mon card arbi­trage as a 10-year-old, lay­ing the ground­work for his invest­ing instincts. The trio then explores the seri­ous end-of-finan­­cial-year busi­ness: tax-loss har­vest­ing, the nuances of cap­i­tal gains strate­gies, and how Navexa’s AI-pow­ered tax tools are evolv­ing. Navarre shares exclu­sive insights from aggre­gat­ed Navexa user data—what the top-per­­for­m­ing port­fo­lios look like, what they’re hold­ing (spoil­er: lots of Bit­coin), and how often they trade. The con­ver­sa­tion wraps with some exis­ten­tial mus­ing on cryp­to, AI, and investor psy­chol­o­gy.

QAV America 009 — Blame It on the Boogie

Jun 11, 2025

In this episode of QAV Amer­i­ca, Cameron and Tony dis­sect the sur­pris­ing fun­da­men­tals of Jack­son Finan­cial (NYSE: JXN) — a life insur­ance and annu­ities com­pa­ny that’s qui­et­ly throw­ing off “truck­loads of cash” despite con­fus­ing account­ing quirks. Cameron explores the company’s back­sto­ry (strange­ly has noth­ing to do with the Jack­son 5), explains its spin-off from Pru­den­tial, and strug­gles to under­stand how inter­est rates and rein­sur­ance affect its bot­tom line. Tony weighs in on debt man­age­ment, actu­ar­i­al com­plex­i­ty, and where annu­ity prod­ucts fit in the spec­trum of retire­ment options. They also touch on the con­tro­ver­sial new U.S. tax on for­eign investors (with impli­ca­tions for Aussie super funds), and deliv­er a per­for­mance update on the QAV U.S. port­fo­lio — up a stag­ger­ing 54% since incep­tion. This episode is nerdy, weird, and fun­ny as hell.

QAV AU 823

Jun 11, 2025

In this episode of QAV, Cameron and Tony kick off with a dis­cus­sion on the polit­i­cal ten­sion in the U.S. and what Trump’s moves with the Nation­al Guard might fore­shad­ow, then slide into seri­ous invest­ing updates. There’s news on Per­en­ti (PRN), NRW (NWH), and Fin­di (FND), with a nod to con­fus­ing results and sov­er­eign risks. Judo (JDO), BOQ, and QBE get cov­er­age too, as does the SOL–Brickworks merg­er and what it means for index fund flows. Cameron pon­ders the shock­ing long-term flat­line of Tel­stra (TLS), while Qan­tas (QAN) and Perseus (PRU) get some love for out­per­form­ing. Tony wraps up with a pulled pork on Fleet­wood (FWD), high­light­ing mod­u­lar hous­ing, min­ing vil­lage prof­its, and cap­i­tal risk. There’s also a review of the film _Ballerina_ and some off-top­ic Doc­tor Who and Shake­speare­an riff­ing.

QAV America 008 — Huawei to Hell: Investing When the World’s Upside Down

Jun 4, 2025

In this week’s QAV episode, we sit down with the ever-dash­ing Tobias Carlisle, founder of The Acquirer’s Fund (ZIG, DEEP), author of The Acquirer’s Mul­ti­ple, and deep val­ue mav­er­ick, to dis­sect the state of val­ue invest­ing in the era of AI-dri­ven hype. We cov­er the bru­tal cycles of deep val­ue, AI vs. human deci­­sion-mak­ing in funds, the mad­ness of quan­tum com­put­ing val­u­a­tions, and how Toby’s trip to Chi­na left him uncon­vinced by the West’s col­lapse nar­ra­tive. We also drill into oil, Ford ($F), and the impli­ca­tions of pas­sive investing’s stran­gle­hold on mar­ket direc­tion. Plus, Buf­fett wor­ship, civ­il war exit strate­gies, and why Amer­i­cans don’t get Aussie piss-tak­ing.

QAV AU 822 — Huawei to Hell: Investing When the World’s Upside Down

Jun 4, 2025

In this week’s QAV episode, we sit down with the ever-dash­ing Tobias Carlisle, founder of The Acquirer’s Fund (ZIG, DEEP), author of The Acquirer’s Mul­ti­ple, and deep val­ue mav­er­ick, to dis­sect the state of val­ue invest­ing in the era of AI-dri­ven hype. We cov­er the bru­tal cycles of deep val­ue, AI vs. human deci­­sion-mak­ing in funds, the mad­ness of quan­tum com­put­ing val­u­a­tions, and how Toby’s trip to Chi­na left him uncon­vinced by the West’s col­lapse nar­ra­tive. We also drill into oil, Ford ($F), and the impli­ca­tions of pas­sive investing’s stran­gle­hold on mar­ket direc­tion. Plus, Buf­fett wor­ship, civ­il war exit strate­gies, and why Amer­i­cans don’t get Aussie piss-tak­ing.

QAV America 007 — Tariffs, Towers, and the Telco Gamble in Africa

May 30, 2025

In Episode 7 of QAV Amer­i­ca, Cameron and Tony unpack the roller­coast­er of IHS Hold­ing (NYSE: IHS), a tele­com tow­er oper­a­tor entrenched in the geopo­lit­i­cal chaos and eco­nom­ic tur­bu­lence of Nige­ria and beyond. They dive into IHS’s finan­cials, for­eign exchange expo­sure, and growth prospects, all while nav­i­gat­ing sov­er­eign risk, coups, and cur­ren­cy col­lapse. Along­side, the duo dis­cuss­es Trump’s new tar­iff threats, how macro­eco­nom­ic noise dis­tracts from fun­da­men­tals, and why ignor­ing the head­lines might be the smartest invest­ing strat­e­gy. It’s part deep dive, part real­i­ty check, and part investor ther­a­py.

QAV 821 — Roombas, Regulators & Rogue Traders

May 28, 2025

In episode 821 of the QAV Pod­cast, Cameron and Tony kick things off with tales of gas out­ages and cold show­ers before div­ing into the mar­kets. They review the port­fo­lio per­for­mance, explain the HLS sell-off, and unpack the lat­est antics of Don­ald Trump’s tar­iff diplo­ma­cy. Stocks under the spot­light include VVA (Viva Leisure) with their eye­­brow-rais­ing stake in Goril­la X Labs, NRW’s legal wran­gle over the Whyal­la port, and a deep-dive pulled pork on ANZ. The ANZ seg­ment touch­es every­thing from exec­u­tive turnover, the bloat­ed One Plat­form app, sub­stance abuse alle­ga­tions, and the Sun­corp acqui­si­tion, to Cameron’s pre­dic­tion that the whole thing will be scrapped in favour of an AI-dri­ven rebuild. Sprin­kle in some talk about robot secu­ri­ty Room­bas, the lega­cy of Damien Brod­er­ick, Sparks’ new album, and Japan­ese punk, and you’ve got anoth­er vin­tage QAV ses­sion.

QAV AMERICA 006 — Blood on the Balance Sheet

May 21, 2025

In this episode of **QAV Amer­i­ca**, Cameron and Tony dive into the volatile world of com­modi­ties, clas­sic val­ue invest­ing strate­gies, and a sur­pris­ing val­ue oppor­tu­ni­ty in **Ford Motor Com­pa­ny (F)**. They unpack how iron ore and wheat com­modi­ties are back in a buy state, dig into Rich Pzena’s invest­ing phi­los­o­phy from a **Tobias Carlisle** inter­view, and debate whether Ford is a deep val­ue play or a trap. With his­tor­i­cal nods to **Cis­co (CSCO)**, **GE (GE)**, and **U.S. Steel (X)**, the episode blends macro insights, per­son­al invest­ing war sto­ries, and a no-BS break­down of Ford’s finan­cials and risks.

QAV 820 — Wet Lettuce Watchdogs

May 20, 2025

In this episode, Cameron and Tony tack­le the polit­i­cal earth­quake caused by the breakup of Australia’s Fed­er­al Coali­tion, dig into the impli­ca­tions of the RBA’s lat­est rate cut, and explore how the U.S. cred­it down­grade might rip­ple through mar­kets. We hit hot top­ics from tax­ing unre­al­ized gains to a les­son in val­ue invest­ing resilience through the lens of a Tobias Carlisle inter­view with Rich Pzena. We close with a deep pulled pork on Cettire Ltd (CTT), the con­tro­ver­sial drop-ship­ping retail­er that’s either mis­un­der­stood genius or spec­u­la­tive flame­out. Plus: the ASX plays dumb, and Helen Mir­ren gets name-dropped twice.

QAV AMERICA 005 — Cayman Schemes and Chilean Dreams

May 19, 2025

In this episode of QAV Amer­i­ca, Cameron and Tony wres­tle with mar­ket chaos as the US–China trade war hits pause. Cameron shares the chal­lenges he faced cre­at­ing a US buy list, dig­ging into sev­er­al inter­est­ing (and occa­sion­al­ly sus­pi­cious) tick­ers: a mort­gage REIT, a Chi­nese fin­tech with a Cay­man shell, and an impres­sive­ly renew­able-heavy Chilean util­i­ty. They debate gov­er­nance red flags, explore deep val­ue bets ver­sus gut instinct, and exam­ine why Enel Chile (ENIC) might be qui­et­ly pow­er­ing the future.

QAV 819 — The Roll Back

May 14, 2025

In this episode of QAV Aus­tralia, Cam and Tony nav­i­gate a tur­bu­lent mar­ket buoyed by a tem­po­rary roll­back in US-Chi­­na tar­iffs and a curi­ous ral­ly in Bit­coin. They break down the move­ments in gold stocks like Perseus (PRU), Ramelius (RMS), and West African Resources (WAF), unpack ANZ’s (ANZ) CEO han­dover and the impact of its Sun­corp acqui­si­tion, and look into Super Retail Group’s (SUL) Q3 results. The episode also fea­tures deep dives into the gov­er­nance con­cerns at Mac­quar­ie (MQG), a bizarrely mas­sive div­i­dend from Heal­ius (HLS), a skep­ti­cal look at lux­u­ry drop ship­per Cettire (CTT), and a pulled pork seg­ment on out­door adver­tis­ing play­er oOh!media (OML). Cam also shares a per­son­al health win, and the duo wraps up with some rec­om­men­da­tions, ban­ter, and a lit­tle Van Halen nos­tal­gia.

QAV AMERICA 004 — Buffett’s Last Dance

May 8, 2025

In episode 4 of QAV Amer­i­ca, Cameron and Tony dive into War­ren Buffett’s retire­ment announce­ment, cel­e­brat­ing his mon­u­men­tal impact on val­ue invest­ing. They dis­cuss his lega­cy, Berk­shire Hathaway’s per­for­mance under his lead­er­ship, and his thoughts on the future of the U.S. and glob­al mar­kets. The episode includes per­son­al reflec­tions on Buffett’s influ­ence, anec­dotes from his annu­al meet­ings, and com­men­tary on Berkshire’s strate­gic moves, like the recent reduc­tion of its stake in Apple. Addi­tion­al­ly, Tony pro­vides a detailed analy­sis of the Cana­di­an Impe­r­i­al Bank of Com­merce (CIBC, stock code CM), eval­u­at­ing its recent per­for­mance and poten­tial invest­ment oppor­tu­ni­ties amidst glob­al trade uncer­tain­ties.

QAV 818 — Buffett’s Last Dance

May 7, 2025

In this episode of QAV Club, record­ed on 6 May 2025, Cameron and Tony unpack the Aus­tralian fed­er­al elec­tion result with the kind of sharp polit­i­cal analy­sis and irrev­er­ent ban­ter you expect. They explore the col­lapse of sup­port for the Lib­er­al Par­ty, the impli­ca­tions for Peter Dut­ton, and the broad­er shifts in Aus­tralian vot­er demo­graph­ics. Then, they piv­ot to War­ren Buffett’s final Berk­shire Hath­away AGM, reflect­ing on his lega­cy, invest­ing phi­los­o­phy, and the future of the com­pa­ny post-Buf­fett. The episode also includes due dili­gence on NRW Hold­ings (NWH), QPM Ener­gy (QPM), and a deep dive pulled pork seg­ment on Motor­cy­cle Hold­ings (MTO). Plus, there’s a lis­ten­er ques­tion on Heal­ius (HLS), and Cameron fields the peren­ni­al para­dox of being a Marx­ist val­ue investor. Oh, and there are motor­cy­cles, AI, and some point­ed shots at Don­ald Trump. Clas­sic QAV.

QAVUS 003 — Beware Greeks Bearing Ships

May 2, 2025

In this episode of QAV US Edi­tion, Cameron and Tony dis­sect the chaos and oppor­tu­ni­ties in the US mar­kets. They kick off by com­par­ing the irra­tional opti­mism in the mar­kets to polit­i­cal the­ater, dig into key dif­fer­ences between US and Aus­tralian finan­cial reg­u­la­tions, and dis­cuss how these dif­fer­ences impact val­ue invest­ing with their check­list mod­el. Cameron shares the dra­ma of a near-instant buy-and-sell on SK Tele­com ($SKM) after a data breach, and deliv­ers a “pulled pork” deep dive on Danaos Cor­po­ra­tion ($DAC), a Greek-based con­tain­er ship own­er nav­i­gat­ing chop­py geopo­lit­i­cal waters and tar­iffs. The guys debate the impact of Trump’s trade war, share buy­backs, and whether free cash flow even mat­ters in val­ue invest­ing.

QAV 817 — Smart Metal and Dumb Markets

Apr 30, 2025

This week we deep-dive into BIS (Bisal­loy Steel Group), ques­tion­ing whether it’s tru­ly a steel com­mod­i­ty play giv­en its ris­ing price amid a falling steel mar­ket. Tony deliv­ers a pulled pork on BIS, explor­ing their niche in quenched and tem­pered steel, its use in defence indus­tries, and the company’s recent inclu­sion in the All Ords. W also tack­le dis­crep­an­cies in price-to-oper­at­ing-cash­flow (Pr/OpCaf) num­bers between Stock­o­pe­dia and man­u­al cal­cu­la­tions, and reflect on the sale of Stock Doc­tor. There’s a read­er ques­tion on oper­at­ing cash­flow cal­cu­la­tions and plen­ty of ban­ter about sobri­ety, diet, and what they’ve been watch­ing lately—from _Landman_ to _Face/Off_.

QAV 816 — Gold Diggers

Apr 23, 2025

In this post-East­­er episode, Cam and Tony chew through the week’s mar­ket moves, explor­ing why the All Ords is up despite a gloomy glob­al out­look. They rip into Trump’s lat­est Fed-fir­ing fan­tasies, dis­sect the eco­nom­ics of tar­iffs, and won­der if AI will treat us like Yel­low­stone squir­rels. There’s a deep dive on Bank of Queensland’s lat­est results, plus a pulled pork on gold min­er Tri­bune Resources (ASX: TBR). They close with some exis­ten­tial mus­ings on eco­nom­ic stag­na­tion, robot-run sub­urbs, and whether humans are about to be the squir­rels of tomor­row.

QAV 815 — Tax On, Tax Off

Apr 16, 2025

In this episode, Cameron and TK dive into the tumul­tuous week in the mar­kets, heav­i­ly influ­enced by the Trump admin­is­tra­tion’s tar­iff announce­ments and sub­se­quent pause. They dis­cuss the impact on US Trea­sury bonds, Chi­na’s long-term eco­nom­ic strat­e­gy, and the poten­tial break­down of glob­al trust in the US econ­o­my. They briefly cov­er port­fo­lio updates, Ray Dalio’s per­spec­tive on the break­down of the glob­al order, and com­­pa­ny-spe­­cif­ic news includ­ing Accent Group (AX1), Fin­di (FND), Comms Group (CCG), Per­en­ti (PRN), Tel­stra (TLS), and TK’s new board appoint­ment at Clime Invest­ment Wealth (CIW). TK also pro­vides a detailed “Pulled Pork” analy­sis on Cedar Woods Prop­er­ties (CWP). The episode con­cludes with after hours.

QAV 814 — The Big Grift

Apr 9, 2025

In this episode, Cameron and TK dive into the recent mar­ket volatil­i­ty, large­ly dri­ven by US tar­iff announce­ments. They dis­cuss the impor­tance of stick­ing to the QAV invest­ing frame­work dur­ing uncer­tain times, con­trast­ing it with reac­tive or emo­tion­al deci­­sion-mak­ing often seen else­where. The con­ver­sa­tion touch­es on the poten­tial eco­nom­ic impacts of the tar­iffs, includ­ing the log­ic behind them, the poten­tial for decou­pling from Chi­na, the his­tor­i­cal con­text of tar­iffs in Aus­tralia, and the pos­si­bil­i­ty of it all being a “grift”.

QAV 813 — The Mill Red Flag

Apr 2, 2025

In this episode, TK shares his busy week involv­ing golf, horse rac­ing, and fam­i­ly events, includ­ing his daugh­ter’s first auc­tion and his upcom­ing birth­day. Cameron updates on the QAV light port­fo­lio’s per­for­mance, not­ing it’s now beat­ing the index since incep­tion and for the finan­cial year, despite sell­ing EHL and TPG. They dis­cuss Dol­lara­ma’s acqui­si­tion of The Reject Shop (TRS) at a sig­nif­i­cant pre­mi­um, spec­u­late on the ratio­nale, and touch on poten­tial chal­lenges for Dol­lara­ma in the Aus­tralian mar­ket. Con­cerns are raised about Stock­o­pe­dia fol­low­ing staff depar­tures and data dis­crep­an­cies, par­tic­u­lar­ly with Price to Oper­at­ing Cash Flow (Prop­CAF) fig­ures. The hosts delve into ASIC and the RBA scru­ti­niz­ing the ASX over CHESS replace­ment issues and oper­a­tional risks. They ana­lyze sev­er­al stocks: Accent Group (AX1) poten­tial­ly see­ing increased stake from Fraser’s Group, New Hope Group’s pos­i­tive results and share buy­back amidst slump­ing coal prices, Ramelius Resources’ (RMS) con­tro­ver­sial acqui­si­tion of Spar­tan Resources and sub­se­quent removal from Stock Doc­tor’s star list due to dis­clo­sure and finan­cial con­cerns, and NZME’s results, poten­tial cor­po­rate activ­i­ty involv­ing Stuff, and a loom­ing board chal­lenge from Cana­di­an bil­lion­aire Jim Gren­nan. A sig­nif­i­cant dis­cus­sion revolves around estab­lish­ing ‘red flags’ for cor­po­rate gov­er­nance issues, trig­gered by Heli­a’s (HLI) CEO sell­ing shares before bad news, Indi­ana Resources (IDA) fail­ing to lodge reports on time, and broad­er con­cerns about man­age­ment integri­ty, time­ly dis­clo­sure, and when to remove a red flag. They also cov­er TPG Tele­com’s sale of assets to Vocus and per­form a deep dive into San­tos (STO), includ­ing its his­to­ry, recent per­for­mance, QAV met­rics, and asso­ci­at­ed risks. The episode wraps up with ‘After Hours’ chat about clas­sic TV shows like Joe 90 and Odd Squad, films like Unfor­giv­en and Ipcress File, music dis­cov­er­ies includ­ing Trans­plants and The Dis­tillers, and TK’s upcom­ing horse races.

QAVUS 002 — Markets Like Certainty

Mar 28, 2025

In this episode of the QAV US Edi­tion, Cameron and Tony dive into the lat­est per­for­mance of the US port­fo­lio, which con­tin­ues to out­pace the S&P 500 with a stun­ning 70% return. They break down the impact of Trump’s errat­ic trade poli­cies on glob­al mar­kets, par­tic­u­lar­ly the ship­ping indus­try, and reflect on how uncer­tain­ty is roil­ing investor sen­ti­ment. Cameron does a “Pulled Pork” deep dive into Mex­i­can cement giant **Cemex (CX)** — a seg­ment that unex­pect­ed­ly trans­forms into a pas­sion­ate, triv­ia-filled mas­ter­class on the his­to­ry, chem­istry, and envi­ron­men­tal impact of cement. They also touch on stock per­for­mance, issues with Stock­o­pe­dia data accu­ra­cy, and the curi­ous case of eth­i­cal awards for com­pa­nies that belch CO₂.

QAV 812 — ASA’s Chairman on Continuous Disclosure

Mar 26, 2025

This week we’re talk­ing with Steve Mabb, Chair­man of the Aus­tralian Share­hold­ers Asso­ci­a­tion, about what we can do about the many fail­ures of ASX-list­ed com­pa­nies to dis­close their results dur­ing the most recent report­ing sea­son.

QAV 811 — Thinking About It

Mar 19, 2025

Tony and Cameron explore the mar­ket’s recent volatil­i­ty and recov­ery, exam­in­ing key per­for­mances in both their Aus­tralian and US port­fo­lios. They dive deep into the curi­ous case of Ramelius Resources, dis­sect­ing the com­pa­ny’s recent series of announce­ments that puz­zled investors and raised ques­tions around trans­paren­cy and dis­clo­sure prac­tices. Oth­er high­lights include a robust dis­cus­sion on small caps ver­sus large caps in the con­text of pas­sive invest­ing impacts, strong results from Perseus Min­ing and Met­als X, and an analy­sis of Shape Aus­trali­a’s promis­ing finan­cial posi­tion and future out­look. The episode wraps up with lis­ten­er ques­tions about port­fo­lio hedg­ing strate­gies and impli­ca­tions of the Ramelius and Spar­tan Resources merg­er.

QAVUS 001 — Rule-Based Investing

Mar 13, 2025

On our first U.S. episode, we talk about how the QAV (Qual­i­ty At Val­ue) invest­ing sys­tem works, review our U.S. port­fo­lio returns, and Tony does a deep dive on one of the stocks we own, Zim Inte­grat­ed Ship­ping Ser­vices (NYSE:ZIM).

QAV 810 — The QAV Magnificent 12

Mar 12, 2025

In this episode, we review recent half-year­­ly results and mar­ket volatil­i­ty, dis­cussing notable move­ments in the dum­my port­fo­lio com­pared to the bench­mark, as well as sig­nif­i­cant shifts in com­modi­ties such as crude oil. We dive into report­ing-sea­­son sur­pris­es from com­pa­nies like Qan­tas, Hel­lo World, Pep­per Mon­ey, and Karoon Ener­gy, explor­ing the lack of time­ly “con­fes­sion sea­son” dis­clo­sures and how that impacts invest­ment deci­sions. The top­ic of whether to pause stock pur­chas­es dur­ing report­ing sea­son is debat­ed, express­ing our frus­tra­tion over abrupt CFO depar­tures and earn­ings “shock” announce­ments. We con­clude with a “Pulled Pork” deep dive on min­ing ser­vices group Per­en­ti (PRN), ana­lyz­ing cash-flow quirks, fore­cast earn­ings, and over­all QAV met­rics.

QAV 809 — The Reporting Season Red Flag

Mar 5, 2025

In this episode, we review recent half-year­­ly results and mar­ket volatil­i­ty, dis­cussing notable move­ments in the dum­my port­fo­lio com­pared to the bench­mark, as well as sig­nif­i­cant shifts in com­modi­ties such as crude oil. We dive into report­ing-sea­­son sur­pris­es from com­pa­nies like Qan­tas, Hel­lo World, Pep­per Mon­ey, and Karoon Ener­gy, explor­ing the lack of time­ly “con­fes­sion sea­son” dis­clo­sures and how that impacts invest­ment deci­sions. The top­ic of whether to pause stock pur­chas­es dur­ing report­ing sea­son is debat­ed, express­ing our frus­tra­tion over abrupt CFO depar­tures and earn­ings “shock” announce­ments. We con­clude with a “Pulled Pork” deep dive on min­ing ser­vices group Per­en­ti (PRN), ana­lyz­ing cash-flow quirks, fore­cast earn­ings, and over­all QAV met­rics.

QAV 808 — The Value Investor’s Lament

Feb 26, 2025

In this episode of QAV, Cameron and Tony nav­i­gate the car­nage of report­ing sea­son, where many QAV stocks have tak­en a beat­ing. They dis­cuss the bru­tal mar­ket reac­tions to earn­ings miss­es, the under­per­for­mance of val­ue stocks rel­a­tive to growth, and what the lat­est results say about the over­all mar­ket sen­ti­ment. Despite the doom and gloom, there are bright spots, includ­ing Berk­shire Hathaway’s lat­est results and a few stand­out earn­ings reports. Tony also revis­its the con­cept of mar­ket tops and how investors should be posi­tion­ing them­selves.

QAV 807 — Half Year Havoc

Feb 19, 2025

Half year reports are play­ing their usu­al hav­oc on some of our stocks, as results dis­ap­point the mar­ket. But is the mar­ket over-reac­t­ing in some cas­es? Tony thinks so. We’re also talk­ing about the RBA’s deci­sion to cut inter­est rates and how that affects our invest­ing deci­sions. Stocks cov­ered today include FND, AMP, CVL, PPM, and Tony’s deep dive is on FSF. He also answers a lis­ten­er’s ques­tion about bor­row­ing to buy shares. After hours includes dis­cus­sions about Baby­lon, the ACO, rac­ing updates and fast­ing.

QAV 806 — The Reilly Indicator

Feb 12, 2025

In QAV Episode 806, Cameron and Tony cov­er key mar­ket updates, includ­ing Elon Musk’s $97B bid for Ope­nAI, Trump’s steel tar­iffs, and the resur­gence of iron ore as a buy. They ana­lyze port­fo­lio per­for­mance, not­ing that long-held stocks tend to out­per­form, and dis­cuss Nick Scali, Beach Ener­gy, and Sev­en West Media’s earn­ings. Cameron unveils the ‘Reil­ly Indi­ca­tor’, sug­gest­ing that a lack of sell sig­nals could indi­cate an impend­ing mar­ket cor­rec­tion. They revis­it the ‘Crazy Girl­friend Rule’ for stocks that repeat­ed­ly dis­ap­point, explore the impact of COVID lows rolling off charts, and debate when bad news stops being a red flag. The Pulled Pork seg­ment exam­ines Grange Resources (GRR)—a strong per­former but with a loom­ing mine clo­sure. The episode wraps with fun dis­cus­sions on horse rac­ing, Al Paci­no, and flat-pack fur­ni­ture frus­tra­tions.

QAV 805 — Whack A Mole

Feb 5, 2025

In this episode record­ed on Feb­ru­ary 4, 2025, we dive into the impact of recent US tar­iff imple­men­ta­tions and their imme­di­ate retrac­tion. We also dis­cuss the res­ig­na­tion of Res­olute Min­ing’s CEO fol­low­ing his deten­tion in Mali and its effect on the company’s share price, TK explains the Ricar­do effect on nation­al eco­nom­ic strat­e­gy, the col­lapse of Mosa­ic Brands, reg­u­la­to­ry approval for FND, and a ‘Pulled Pork’ seg­ment on Aure­lia Met­als (AMI), cov­er­ing the com­pa­ny’s his­to­ry, cur­rent sta­tus, and future pro­jec­tions amid the boom­ing gold prices. In After Hours, they offer trib­utes to Mar­i­anne Faith­ful and dis­cuss pop cul­ture, includ­ing ‘Rogue Heroes’ and ‘Inland Empire’, Nazi pro­pa­gan­da and 20th-cen­­tu­ry Russ­ian lit­er­a­ture.

QAV 804 — The DeepSeek Black Swan

Jan 29, 2025

In this episode of QAV, Cameron and Tony dis­cuss a vari­ety of top­ics, from Tony’s trip to Tas­ma­nia and adven­tures at MONA to Cameron’s kitchen mishap with a man­dolin slicer. The con­ver­sa­tion tran­si­tions to mar­ket insights, includ­ing the impact of the Chi­nese AI sys­tem DeepSeek on glob­al mar­kets and Nvidia’s sig­nif­i­cant mar­ket cap loss. The duo explores key invest­ment sto­ries like Lind­say Australia’s stock per­for­mance and Wash­ing­ton H. Soul Pattinson’s involve­ment, as well as dis­cussing pathol­o­gy ser­vices com­pa­ny ACL and its chal­lenges in a gov­­ern­­ment-reg­u­lat­ed envi­ron­ment. The episode clos­es with reflec­tions on the late David Lynch and his cre­ative lega­cy.

QAV 803 — Shares For Beginners

Jan 22, 2025

While TK is away, I’m chat­ting with Phil Mus­catel­lo from the Shares For Begin­ners pod­cast, about every­thing the two of us have learned about invest­ing over the years we have pro­duced our respec­tive pod­casts.

QAV 802 — SWEET FA

Jan 15, 2025

This week we’re talk­ing about com­modi­ties such as crude oil, cop­per, and lithi­um becom­ing buys again, Wall Street pre­dic­tions and the prac­ti­cal approach of focus­ing on qual­i­ty invest­ments and man­ag­ing risk. Tony shares analy­sis on sev­er­al stocks includ­ing NWH and MYR, dis­cussing red flags, and a pulled pork on HZN. Cameron dis­cussed his recent analy­sis on Rule 1 sell­ing and some news regard­ing FSF and GNP, plus an arti­cle from the AFR about Aus­trali­a’s pri­vate sec­tor being in reces­sion. After Hours fea­tures reviews of films like ‘Civ­il War’ and the ‘Plan­et of the Apes’ series, along with the show ‘Black Snow’, and NVIDIA’s ground­break­ing announce­ments at CES.

QAV 801 — CY24 Portfolio Analysis

Jan 8, 2025

In our first episode for 2025, we break down our mixed port­fo­lio results for 2024, talk about news relat­ed to MWY, ABA, ERD, RMS, play clips from a 1994 talk from Peter Lynch, review Geoff Wilson’s invest­ing check­list, dis­cuss Eugene Lama’s views on effi­cient mar­kets, quan­tum com­put­ing threats. And in the After Hours seg­ment we talk about the films, TV and music that’s kept us busy over the break.

QAV 752 — Time Capsule

Dec 27, 2024

A review of the stock mar­ket’s win­ners and losers for the year, updates on TLS, DTL and FPR, Planck­’s Prin­ci­ple in invest­ing, our pre­dic­tions for 2025, and a ‘Pulled Pork’ on Wag­n­er’s Hold­ing Com­pa­ny (WGN). In After Hours we talk about Leu­nig, say RIP to depart­ed friends, and dis­cuss ADHD.

QAV 751 — The Buffett Indicator

Dec 18, 2024

This week we’re talk­ing about SXE’s new con­tracts, The Buf­fett Indi­ca­tor, “The Mind of Wall Street”, the Mur­doch suc­ces­sion cri­sis, Pulled Porks on GTN and RM, and then in After Hours we dis­cuss Dune Part Two, S02 of Book­ie, Vivaldi’s Four Sea­sons, Skele­ton Crew, Wild Gods, Pink Moon and using the Aus­tralian gov­ern­ment to bail out fail­ing news organ­i­sa­tions.

QAV 750 — Hello World

Dec 11, 2024

In this episode of QAV: Tony’s recent golf­ing escapades and his upcom­ing move to Cape Schanck. We dis­cuss ANZ’s CEO change, review­ing the impact on the stock and the broad­er bank­ing land­scape, includ­ing con­cerns over mar­ket share and IT inte­gra­tion chal­lenges. ABA’s merg­er with MyS­tate is ana­lyzed for syn­er­gies and poten­tial risks. There’s an in-depth look at oper­at­ing cash flows from Fleet Part­ners and whether it remains a QAV stock. The ‘Pulled Pork’ seg­ment fea­tures Hel­lo World Trav­el Lim­it­ed, exam­in­ing its finan­cials and mar­ket posi­tion. Oth­er top­ics include Boom Logis­tics’ con­sol­i­da­tion, com­modi­ties recov­er­ing thanks to Chi­na’s state­ments, the RBA’s inter­est rates deci­sion, and Rule 1 sell strate­gies. The episode also includes reviews of recent media high­lights, from cin­e­ma clas­sics to new spy thrillers.

QAV 749 — Aqualung

Dec 4, 2024

In this episode, while Tony is play­ing golf, I am joined by guest co-host QAV club mem­ber Geoff Flem­ing. We dis­cuss Geoff’s invest­ing jour­ney, then get into Antho­ny Scaramucci’s book on Bit­coin “invest­ing”, recent updates from EHL and FND, ASIC’s warn­ings about cyber­se­cu­ri­ty threats to share hold­ings, the lat­est mar­ket news includ­ing gold stocks like West­Gold (WGX) and Res­olute Min­ing (RSG), and a deep dive on Auswide Bank (ABA), includ­ing its recent acqui­si­tion, merg­er talks with MyS­tate, and finan­cial chal­lenges. After hours chat includes Baby­lon, The Old Man, pump­kin pie, Pink Floyd / Roger Waters con­certs, Jethro Tull lyrics, Bauhaus move­ment, Cobra Kai and The Life of Apol­lo­nius of Tyana by Philo­stra­tus.

QAV 748 — The Trump Slump

Nov 27, 2024

In this episode, we dis­cuss the impact of Trump’s tar­iffs and sanc­tions on mar­kets, the con­sol­i­da­tion of Boom Logis­tics, Res­olute Min­ing Update, lis­ten­er feed­back about lithi­um invest­ments and accru­als, the Mooch on bit­coin and his Trump decoder ring, a pork on Wood­side Petro­le­um (WDS), Nick Scal­i’s Logis­tics Chal­lenges, the lat­est on the super tax pro­pos­al, EV vehi­cle sales in Aus­tralia, and a sec­ond pork on U.S. com­pa­ny Pool Cor­po­ra­tion (POOL), a recent Berk­shire Hath­away invest­ment. After Hours includes Tony’s recent expe­ri­ences with Rock­wiz, Stephen Fry, and a golf win, while Cameron talks about the 1963 Ital­ian hor­ror film BLACK SABBATH and a new doc­u­men­tary about Elvis’ 68 Come­back Spe­cial.

QAV 747 — Zombies, Accruals and Fascists

Nov 20, 2024

In a jam-packed two-hour long episode 747, we’re talk­ing about every­thing from the RSG kid­nap­ping to accru­als in the QAV check­list, the per­for­mance of ASG, why Cam did­n’t buy SWM when he read Ker­ry Stokes’ AGM speech, Zom­bie com­pa­nies on the ASX, the NAB being sued by ASIC, the retire­ment of Joyce Cor­po­ra­tion’s CEO, Grain­Corp prof­its, Bro­kers hype, Find­i’s Indi­an ATM / IPO play, before wrap­ping up with after-hours chat­ter about hors­es, box­ing, movies, fas­cism, and 20 years of pod­cast­ing.

QAV 746 — King Trump

Nov 13, 2024

In this mam­moth two-and-a-half-hour marathon episode #746, we cov­ered an exten­sive range of top­ics, from Trump’s 2024 elec­tion vic­to­ry and its impli­ca­tions, to detailed analy­sis of mul­ti­ple com­pa­nies and mar­ket sec­tors. Elon Musk’s new role as Min­is­ter for Gov­ern­ment Effi­cien­cy (DOGE), port­fo­lio per­for­mance updates show­ing sig­nif­i­cant out­per­for­mance of bench­marks, and sev­er­al min­ing com­pa­ny devel­op­ments includ­ing Res­olute Min­ing’s Mali cri­sis, Lion­town Resources’ lithi­um strug­gles, the delist­ing of Namoi Cot­ton and the chal­lenges of track­ing cor­po­rate actions in Light port­fo­lios, and iron ore mar­ket chal­lenges. Cam does a pulled pork on US ship­ping com­pa­ny TeeKay Cor­po­ra­tion’s his­to­ry and oper­a­tions, and Tony does a pulled pork on Qan­tas Air­ways’ busi­ness mod­el and fleet con­cerns. The After Hours sec­tion also includ­ed dis­cus­sions about horserac­ing updates, enter­tain­ment rec­om­men­da­tions includ­ing David Ten­nant shows, and con­clud­ed with an exten­sive debate about Trump’s poten­tial impact on democ­ra­cy and dif­fer­ent per­spec­tives on fas­cism in Amer­i­ca.

QAV 745 — Sandbagging

Nov 5, 2024

We dis­cuss the RBA’s Cup Day meet­ing, TK does a ‘Pulled Pork’ on CCP’s recent per­for­mance, and quotes from ‘What Works on Wall Street’ by O’Shaugh­nessy, explor­ing key account­ing ratios and share­hold­er yield. After hours is about cycling safe­ty, Cop­po­la’s “DEMENTIA 13”, scotch eggs, and man­ag­ing celebri­ties.

QAV 744 — The Woozle Effect

Oct 30, 2024

We’re talk­ing about the impact of Sol­ly Lew’s strate­gic moves on Myer, before dis­cussing Mosa­ic Brands’ recent trou­bles, port­fo­lio reports, and Tony pro­vides a com­pre­hen­sive ‘Pulled Pork’ seg­ment on AMP. Cam dis­cuss­es the Woo­zle Effect in invest­ing and pro­vides pulled pork on one of the stocks in our U.S. port­fo­lio, Ban­co Lati­noamer­i­cano de Com­er­cio Exte­ri­or (BLX). After Hours includes updates on horse rac­ing, a rec­om­men­da­tion of the TV show ‘Bad Mon­key’, and reviews of Fritz Lang’s film ‘M’ and Kubrick­’s “Full Met­al Jack­et”.

QAV 743 — The Throat Punch

Oct 23, 2024

In this episode, Tony and Cam talk about mar­ket pre­dic­tions, and recent impres­sive gains in WGX, FND and WLFC. In the pulled pork, Tony analy­ses Redox (RDX), and then answers ques­tions about port­fo­lio strate­gies and buy­back ver­sus div­i­dend yields. The episode also fea­tures insights from O’Shaugh­nessy’s ‘What Works on Wall Street’, and After Hours has per­son­al anec­dotes about Cameron’s Kung Fu grad­ing, Tony’s horse rac­ing, reviews of clas­sic films and lit­er­ary works like ‘Pimp: The Sto­ry of My Life’ by Ice­berg Slim.

QAV 742 — Flame Trees

Oct 16, 2024

This episode — an analy­sis of Pep­per Mon­ey Lim­it­ed (PPM), Eme­co Hold­ings (EHL), Macmil­lan Shake­speare (MMS), and GTN. We dis­cuss share buy­backs, the impact of pri­vate equi­ty own­er­ship, the impor­tance of div­i­dend changes as buy/sell sig­nals, the use of three-point trend­lines in stock analy­sis, and the per­for­mance of the US dum­my port­fo­lio. We delve into O’Shaugh­nessy’s research on div­i­dends from “What Works on Wall Street”, Lefevre’s warn­ing about lis­ten­ing to bro­kers, and explore strate­gies for stocks under takeover offers. In After Hours — Den­nis Hop­per, Rick Rubin, Slow Hors­es and Kung Fu.

QAV 741 — Boringly Happy

Oct 9, 2024

In episode 741 of QAV, Tony and Cam dis­cuss fear and greed with quotes from “Rem­i­nis­cences of a Stock Oper­a­tor”, analyse West African Resources’ (WAF) mar­ket sit­u­a­tion due to Burk­i­na Faso’s polit­i­cal cli­mate, Bank of Queens­land’s (BOQ) fran­chise strate­gies, Tony’s attempts to get Chat­G­PT to help with the Kel­ly Cri­te­ri­on, answer a ques­tion about US Dum­my Port­fo­lio Strat­e­gy, and dis­cuss insights on price-to-cash flow ratios from ‘What Works on Wall Street’ by O’Shaugh­nessy. The ‘Pulled Pork’ sec­tion fea­tures an in-depth look at Adairs (ADH) and its new strate­gic direc­tion. And, of course, After Hours.

QAV 740 — Release the Sausages!

Oct 2, 2024

In this episode, we do a deep dive into ‘Rem­i­nis­cences of a Stock Oper­a­tor’ by Edwin Lefèvre, detail­ing Jesse Liv­er­more’s life and lessons. We give AU and U.S. port­fo­lio updates, some dis­cus­sion about inter­est rates and the hous­ing mar­ket, say good­bye to VUK, keep an eye on the iron ore price, reveal TK’s recent mis­takes, and talk through a quote from ‘What Works on Wall Street’ by O’Shaugh­nessy. The ‘Pulled Pork’ seg­ment looks at one of our U.S. invest­ments, Amer­i­can retail­er Lands’ End (LE), its his­to­ry and recent quar­ter­ly results.

QAV 739 — The Buffett Measure

Sep 25, 2024

In this episode of the QAV 739 Club, CR and TK review their port­fo­lio per­for­mance, do a pulled pork on Qan­tas, dis­cuss the impact of the RBA’s inter­est rate deci­sion, and the effec­tive­ness of insid­er trad­ing sig­nals and the impact of Div­i­dend Strate­gies in Aus­tralia.

QAV 738 — Pigs Get Slaughtered

Sep 18, 2024

In this episode of QAV, we dis­cuss the ASX’s record high, our port­fo­lio returns, Earn­ings Sur­pris­es, Vysarn (VYS) rais­ing cap­i­tal, and analyse the Genus­Plus Group (GNP). We look at news sto­ries about builders going bank­rupt, lessons from the dot-com crash and share a cou­ple of WWOWS quotes.

RSS Feed Display
Secret Link