Episode 10: Australian property, selling Class and buying Webjet

An informed investor is a successful investor…

Millions of people around the world regularly suffer through a terrible night’s sleep due to various medical issues such as sleep apnoea. Poor sleep is a widely acknowledged contributor to poor attention, diet and productivity – not to mention the declining sanity of its sufferers – so many companies are understandably on the lookout for the holy grail of treatments. […]

Charlie Munger has loads of great quotes, but this one is a standout: The first rule of compounding: never interrupt it unnecessarily Charlie Munger The maths behind compounding is easy enough, but the intuition is anything but. If you can find an investment that compounds at 20% per annum, the gain you make in year 10 is greater than the total […]

In a 2014 interview, Lloyd Blankfein, then CEO of Goldman Sachs and part-time Bond villain lookalike, was asked a simple question: How far into the future can you see? Now, given Goldman’s reputation for spotting market trends before most, you’d expect a confident answer.  Instead, Blankfein deadpanned: “I don’t think I could see four inches into the future.” Not exactly […]

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

I bet you heard the news this week about the China Evergrande debacle. Global markets shedding billions of dollars due to large and small investors fearful of the butterfly effect of an international behemoth in mountains of debt. China making cryptocurrencies illegal certainly didn’t help investor sentiment either, smashing crypto markets and stocks associated with them too. Volatility struck the […]

Time to buy or time to run?

Tennis legend Roger Federer recently delivered the commencement address at Dartmouth university, and it’s well worth a watch. He is, as always, a class act. Roger isn’t exactly known for his investing prowess, although let it be noted he has had considerable success on that front. Over the years he earned around $130 million in prize money, but the majority […]