Our portfolio continues to take a hit from COVID-19. But Tony is as calm as a zen master. He’s the ICEMAN. We talk about the corruption allegations against HZN and changes to CIA’s listing. Our stock of the week is MFD.
Tony discusses his portfolio management strategy during a downturn like the Wuhan Black Swan that is currently going on. He also answers some listener questions about having a small portfolio and debt-to-equity ratios. Our stock of the week is Korvest (KOV).
There are plenty of intelligent and informed people, much smarter than I, who are predicting a significant slow down in the global economy during 2020, which could lead to a crash in the Australian share market. While I don’t pretend to be an economist, nor do I care to try to predict the future, I acknowledge that the people who are predicting a crash might be correct. If I’ve learned anything over the years, it’s that the market goes in cycles and that the job of the serious investor isn’t to predict them, but to know how to play through them.