Qav Podcast

This week we discuss the current status of the Zimplats (ZIM) audit, Tony’s stock of the week, his recent journal entries, Kelly Partners (KPG), GuruFocus, and the KMD CEO.

Our guest is Doug Morris, CEO of Sharesight, the online stock portfolio tracker & reporting tool. We talk about his background, the vision behind Sharesight and how it can simplify investor's lives. Tony is a convert!

This week we talk about why our portfolio lagging the All Ords, sell lines for SSG and ADH, setting up a SMSF, using a DRP, AGM voting rights, qualified audit reports, and regression testing.

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.

Tony discusses the latest movements of "Doctor Copper" and explains why that's important; we talk about CAPE & Kelly and TK explains his recent analysis; and we answer your questions about how we should take into account a company’s level of debt; giving a stock extra points if it is significantly below its Intrinsic Valuation; fudging the buy line for IGN; KCN being cash flow negative; ranking companies higher measured by return on shareholder capital; estimating future profits of growth companies who stop spending money on marketing; and the Health Ratios for MQG.

John Winters is the CEO of Superhero, the latest digital broking app to hit the Australian market, which offers $5 flat rate trades. A few of our listeners were concerned about how Superhero "owns" the stock that you buy through their app, so we invited John on to explain how it works and why we should all relax.

On today's show: AJO quits. Unemployment in Oz at record levels. What does Tony do when he finds a “screaming buy” but can’t understand the underlying rational for the business? Calculating the SSG 3PTL sell price. Net Operating Cashflow vs Net Equity.

Bill Liao was one of Australia's original tech entrepreneurs. Today he's a Partner at SOS Ventures in Ireland where it manages their investments in life science startups. He's also a passionate social entrepreneur who has founded a number of important charities. We invited him on to chat about how a VC values a tech startup.

This week we discuss whether or not high levels of director ownership is good or bad; how Tony manages his portfolio allocation; broker commissions, CRN, HJPN, LAU, and the SAR and NST merger, and more!

This week we talk about why volatility and risk are not the same thing and why we embrace volatility in our portfolio. We also discuss how the ATO treats “investors” versus “traders”, the HAW dividend / capital return, and more!

Lots of talk this week about the new trading app Superhero, how to use Stock Doctor's Relative Strength Indicator, how franking credits work, whether or not Tony waits for an uptick before buying a stock, fudging the covid cough, borrowing funds to invest, and much more.

We start off talking about our Year One result for the QAV portfolio. Is 6.3% a good result in the current market? Questions this week include topics about how quickly Tony sells once a stock breaches its sell line; CCP's price drop; Macquarie Group's (MQG) profit hit; whether or not Tony went to 100% cash after COVID; what to do when half of your buy list have negative sentiment; and the Alacer Gold and SSR Mining merger.

We are very excited today to have Kien Trinh, the Head of Research from Lincoln Indicators (the company behind Stock Doctor) on our show! Kien talked to us about why Stock Doctor is such a powerful tool for serious investors.

This is the audio transcript of a Zoom group chat Tony and I did with some of our QAV Club members on 7 Sept 2020. Lots of great questions were answered.

Tony refines what he means by “the highest peak”; Steve Mabb explains his recent 3PTL experiment; how Tony would invest an influx of cash; selling GEAR and buying ECX; and running through TK's journal entries for the week. In overtime we discuss Japanese knives, David Lee Roth, Charlie Brown, Kill Bill and other stuff unrelated to investing.