Episode 16: More results — Wisetech, BWX, Kip McGrath & more, plus is Australia headed for recession?

Valuation is — or at least should be — at the core of any investment decision. Without a general idea of what a stock is ‘really’ worth, how can you know if the market is offering you good value? Defining the true, or intrinsic, value of a business is easy; it’s the discounted value of the cash that can be taken […]

Your ego is your worst investment adviser. A simple notebook — or a few honest Straws — might just be your most valuable portfolio tool.

Terry Smith is a former UK analyst and banker who, in 2010, founded Fundsmith with a philosophy that is disarmingly simple: “Buy good companies. Don’t overpay. Avoid fiddling.” It’s a straightforward but powerful approach that has allowed him to quietly outperform most professional investors. He looks for companies with high returns on capital, strong competitive advantages and robust cash generation. He […]

Andrew pitches microcap SaaS business Envirosuite (ASX:EVS), Claude bets against ooh Media (ASX:OML) and Matt talks about a kiwi start-up that’s shooting stuff into space.

Markets remain obsessed with AI, which continues to suck up investor attention and capital like a black hole. It’s easy to dismiss it all as hype — and there’s plenty of that out there — but I’ve found myself increasingly convinced that there really is something very significant underway. Not so much because of the undeniable seduction this thing has for one’s […]

Is it time to cut and run?

What can investors learn from a 1200% gain?

Andrew pitches Integrated Research (ASX:IRI), Claude makes the case for Xref (ASX:XF1), and we answer some questions from listeners.