QAV Investing Podcast (Free Edition)

While we waited for the RBA to raise rates yet again, TK talks about whether or not rates are the solution; builders going bust; ideas for what to do with our portfolio cash; the resignation of the Myer CEO; will DIY investors stay in the market; Navexa reporting issues; CGT positions; a pulled pork on AFG; the buy status of WDS and HZN; and waiting to see what happens with crude oil.

US debt ceiling hits the AORD; Doug Tynan uses A Checklist; Brettalator problems; Apollo is now THL; Using GPT to find companies with a qualified audit; Portfolio updates; Pulled pork on FPR; a refresher on operating cashflow v free cash flow; the correlation between VEA’s share price and crude oil.

This week we discuss the rough week in the AORD, with lots of sell and not much to buy; Commodity updates; sudden drops by CLX and ALO; tips on investing from Morgan Housel, author of The Psychology of Money, and a pulled pork on FHE.

On this episode we talk about interest rate fears continuing to affect the market, PRN’s exposure to commodities, Buffett’s comments on The Intelligent Investor, thoughts about removing Josephines from the buy list, Don Bradman and investing, the Allkem (AKE) merger, a Pulled Pork on QBE, TK’s history with commodity sells, buying banks stocks, value investing article in the AFR, block/brick sizes were used in the Renko tests, does Tony ever check the stocks he holds against what their current QAV Value shows, Tony’s investment in FHE, the new Brettalator, and banks profits vis-a-vis interest rates.

On this episode we got so carried away talking about the highlights of the 2023 Berkshire Hathaway AGM, the OML drop, HotCopper pump and dumper gets prison, Light portfolios beating the benchmark, review the “The Lowest PE” rules, QAN replacing its CEO, NAB getting sold off, pulled pork on PLS, the latest RBA rate rise, the Federal budget, and reviewing the “Buy follows Sell line” and the “Latest Buy Line”, that we ran out of time for questions.

Tony is on his way back from Toronto, so I decided to have a chat about investing with the second smartest intelligence I know - ChatGPT.

Live from Toronto, we talk about the portfolio's recent performance, steel is now a sell, pulled pork on NAB, share investing vs share trading for tax purposes, update on Renko charts, and the new Brettalator update.

Copper is a buy but C6C is being sold; Buffett on Bankers; Pulled Pork MIN; Josephine timing; multiple positions and Rule 1; do uptrends continue; LAU new securities issues; investing during foreign conflicts.

Our guest on this pre-recorded short episode is Simon Shepherd from The Investment Newsletter Group. They conduct detailed stock by stock, newsletter by newsletter tracking of many of the top buy recommendations from Australian investing newsletter - a worthy service. Find out more at: https://www.tinglive.com.au

A short show today as TK is in totally Viva La Vegas and we didn’t have many questions. Portfolio & commodity updates; ALO acquisition; ETF update; pulled pork on RMS; and insights into URW.

Today our guest is Co-Founder and Managing Director of the company that produces Stock Doctor - Tim Lincoln. Tim co-founded the company in 1991 with his father Dr. Merv Lincoln and Stock Doctor was launched 6 years later, in 1997. Today, Tim has grown a highly successful financial technology and investment business that includes a growing team of 40 finance professional, thousands of long-term Stock Doctor members and over $800 million invested in their three industry leading Australian and US managed funds.

Lots of selling, not much to buy; The MAXIMS of QAV; RMS makes takeover offer yesterday for BRB; Bank Hybrids wiped out in UBS takeover of Credit Suisse; Banks and trust; Pulled pork : Ooh Media (OML); update on heavy mineral sands products; what to do when you have a commodity sell, but the day you’re going to sell it, the price is going up; the size and danger of ETFs; insights on the lithium/battery market; diversification with corporate bonds; South African corruption.

Black Monday in the bond market points to pain ahead; the impact of the SVB Collapse; Comms update; S32 - sell or not?; RBA lifts rates to 3.6%; Brett Fisher on Renko charts; Pulled Pork: SRX; using TTM for Op. cashflow; ZIM and its capital return.

Another RBA rate rise; BRI’s underlying commodity; ASIC sues Mercer Super; GNC maps to bushel prices; LAU & IGL made the S&P All Ordinaries; Gerry Harvey wheels out his old material; Guy Debelle pops up at Super Fund; Solly Lew creeps another 3% up the Myer share register; Mortgage Rate survey sees interest rates back to 6.48%; Alex Hay on WHC ownership movements; Pulled pork on Duratec (DUR); TK’s experiments with selling stocks that are no longer on the buy list; TKs view on the negative market reaction to both CLX and DDH.

US inflation drives the ASX down; Wheat is a Josephine; Portfolio is up 16.14%; DP recent trades; Tony’s three life lessons; Ray Dalio existing Bridgewater; Aussie CEOs denying reality; QAN profit; Super changes; Berkshire Report; Mortgage rate drop to 6.45%; pulled pork on COH; CCP results; is QAV a zero sum game; WHC shareholders; XTE's results.

Market and portfolio updates; Pulled pork kibosh on FBU; Iron Ore is a buy again, but Andrew Forrest is insane in the membrane; Charlie is 99 and still doing LIVE Q&A for Daily Journal; Gurufocus v Stock Doctor data; AMP Results; WHC results; CGF - Annuities benefitting from Higher interest rates; QBE results; BNPL likely to be regulated as credit; Pulled pork RRL; How does TK plan to live off his portfolio; topping up when you’ve missed your Rule 1.

Portfolio updates; Market’s had a rough week; Thermal Coal Sell line; CDM shouldn’t be on the buy list; Yields rose as Lowe, traders lunched; RBA raises rates; Seven in potential merger with HT&E; Elon Musk sat with Rupert Murdoch at the Superbowl; Pulled Pork is FBU; U.S. v AUS short-term capital gains; why TK holds FHE; what criteria Tony follows to justify adding to an existing position; Where we are currently in terms of Dow Theory; MEA buyback announcement

Portfolio Updates, commodity updates , NCM takeover, WHC coal breakdown, RBA to lift rates, the FOMO rally, Pulled Pork on NCK, R1 trigger on commodities, a tighter sell line for MYR, What time of day does TK buy and sell, fudging AMP’s sell line, penny stocks and Rule 1, WDS commodity breakdown, and After Hours (which you don’t have to listen to if you don’t want to!).

Dummy Portfolio slipped a bit thanks to coal; Chanticleer and the Chook Super Fund; FMG result; ADANI and activist investors; pulled pork on CMM

Portfolio updates; Feedback on Fees; RIP David Hains; Member results; retailers results due to inflation; Pulled Pork SEQ; Is NGI a LIC; using your own rate of interest; Ethical Investing; When to sell; Increasing Investing.

Updates on commodities and our portfolios; Collins St Value Fund performance vs the DP; FMG has 2 finance departures; Mortgage rate survey now 6.5%; Magic Millions horse sales setting new record; QAVvers and fees saved; confession season; the lithium lovers are alive and kicking; using a home loan redraw; Terracom’s (TER) involvement in the investigation into potential fraud; CRN CEO’s retirement; Is TK fully invested? Pulled Pork this week is Seven West Media (SWM).

Munger turns 99, Commodity updates, Portfolio updates, commodity status on buy list, Pulled Pork on VUK, Brent’s returns, TK’s new year resolutions, AMPs situation re Dexus, FMG exodus, buying stocks when their sell line is above the rule 1

As TK is still on vacation, I went over our interviews from the first years of the show (2019-2020) and created this compilation of some interesting tidbits. I hope you enjoy it. The guests are: Steve Sammartino Roger Montgomery Nicholas Gruen Tobias Carlisle Michael Goldberg

In this final episode for 2022, I'm actually going back to early 2020 and taking a look at how Tony managed the COVID crash. It's something TK suggested a while back, because it's a good study / reminder on how he thinks in times of market uncertainty.

It's that time of the year when I give TK a break and put together a couple of compilations from the year that was. This time I decided to put to the test the idea that Tony's Pulled Pork put the kibosh on stocks. Is that true? Let's find out.

RBA and rates, Coal, Iron Ore and Gold are all buys, Portfolio update, bank dividends, Clough collapse and BPT, Pulled pork AGG, trailing stop losses, inflationary pressures, how TK comes up with hurdle rates, C6C selling it’s Australian assets, IRR v CAGR, share buybacks, how to get to Berkshire’s 2023 AGM. Blackstone to limit redemption requests, the impact of the gas price cap.

Today we chat with Todd Barlow, CEO of Washington H. Soul Pattinson & Company Ltd (SOL) about the investment strategy behind their impressive returns.

TK’s historical returns; Pulled Pork kibosh on GNG; SKT consolidation; SGM - Iron and Steel Scrap; Buffett explains his $750 million charitable donation; RBA taking a lot of heat; beware annualised figures; Portfolio update; QAN upgrades again; CLX Upgrades; Fixed loan rates; $250k deposit guarantee; Pulled Pork on DDH

Oil is a sell; Is WDS a sell?; Retrospective investing; Iron Ore Doomscrolling; Portfolio update; Selfwealth update; Pulled Pork S32; Stock Doctor filters fixed; MLX is tin; dividends contributions; share investing vs property investing returns.

Melbourne get together; The Bitcoin valuation model; Fake Twitter crashes LLY; Light v Club; FTX/ SBF in AFR; Brettalator beta; portfolio update; The mortgage rate; Nickel is a buy; QAV Stocks in the news; Australian banking’s Mr Clean; Pulled pork Self Wealth; What the hell are futures markets exactly; Coal Bunko Chart update;what's going on with IMA.

The Dismal Science; gold is a buy; portfolio is killing it (too good?); what to do if your performance sucks; ‘loss-aversion’ bias; NHC buy back; CRN ends talks with Peabody; New month, new alerts; Pulled Pork - DBI; what to do when there’s a big gap between Buyers and Sellers; Rule#1 Clarification; update from Denis in Kyiv.

Portfolio benchmarking, RBA interest rate rise, Thermal Coal sell line, JHG dividend, what to do when you R1 a stock that’s on top of the buy list (IMA), Wheat price on the rise, new Berkshire book, SUL trading update, WHC - MOAB Away, The FAANG index, Oil and Copper are a buy, what about Aluminium, MQG Results are in, Pulled Pork GNG, DRP vs DSSP

Commodity and portfolio updates, AMP AGM, WHC buyback, NWH Pulled Pork, GOLD ETF, reinvesting dividends, how the AORD works, Tony’s investment spread.

The bipolar Mr Market, commodity updates, PE clarifications in Bible, Qantas upgrade, ATL owned Camplify acquires European base, Howard Marks raising money, Pulled pork on SLH, Tony’s coffee with SOL CEO, why Tony has always been invested in WAM, advice on how to find a financial adviser, what to do if you’re going away for 2 weeks.

Oil, copper and gold commodity movements, SDG bought for the DP, but it’s in rundown, Pulled pork request from Ally: BST, Interest rate changes to Master spreadsheet, dividend payments and sell lines, investment prioritization and risk tolerance, 2% capital loss/risk rule, the TGA share consolidation scenario, what is the main commodity for S32?, the coal sell line, parcel sizing.

Liz Truss is a genius ; COAL - if thermal is a buy, and coking is a Josephine, how do we treat YAL; I screwed up with SMR today; Portfolio updates; RBA increasing rates today; David Gottesman, Warren Buffett Partner, Dies; The market PE ratio is falling; Recession in my mind, is almost certain; All ords down 7.13% on a 1 year basis. but the Small ords is down 22.24%; Pulled Pork on: BFG; the Investment Clock; how to determine if there has been a recent positive upturn; why does TK think "Capital Goods" companies are starting to show up in droves on our list; the theory of "3PTL Sells" and dividends.

Fund performance; Reserve Bank money printing and inflation; Labor and Franked Dividends; Pulled Pork XTE; share market rout; portfolio update; RBA burns $50bn in QE; Viva Energy Buys back Coles Express sites; WHC announces $2bn buy back; Apollo shares jump on Jucy deal; Kudos to ABC News; Doug’s shorting experiment update; back testing around observing major triggers of a general downward trend in the market; the pros and cons of ETFs; ECX continually buying back shares and Rule #1.

Founder-lead businesses; dividend payment dates; Stock Doctor and updated results; keeping LICs off the buy list; Renko chart update; RBA governor under pressure; new large cap stocks; setting up a $100k DP; GNP pulled pork; NL stands for No Liability; the benefit of taking profits.

Which stocks are pushing up the AORD; the making of a millionaire study; commodity changes; TER results; Pulled pork ALO; Renko charts and time frames; RRL sell line; sell lines and "not losing profits”; how TK does regression testing; would TK buy something that doesn’t have a sell line.

Iron Ore is a sell; Down days, up days… what about neutral days; Rule 1 and dividends; Josephine but above its 2BL; Happy birthday Warren; Taylor’s article; Pulled Pork: SMR; SGM less impacted by the iron ore price; GRR and Renko charts; ALO, a scalable software play; moving average v 3PTL; WHC thoughts

Time to check your 3PTL alerts; spare a thought for poor Andrew Forrest; NCK’s results; Ophir fund performance; Portfolio updates; Reversal of fortune for BPT, back on the buy list; Some old friends return to the buy list - SUL, BFG and WHC; SGM is a scrap metal recycler tied to the iron ore price; TK mistakenly bought KAR and VEA; he also bought NWS but probably shouldn’t have; Pulled Pork is ABA; PTB enters into scheme implementation deed; JHG price/op cashflow; the outlook for REITs; banks and 'Price to Op cashflow ratio’; TK’s thoughts on a 2nd sell line; has Tony found he has had any better or worse luck on stocks he's repurchased after making a loss; sell line for EHL; who is our Qaverick of the Week?

Our guest today is Brisbane-born, LA-based Tobias Carlisle, PM of Acquirers Funds, author of The Acquirer's Multiple and Deep Value, and co-host of the Acquirers podcast. We talk about the current state of value investing in the USA and why macro economics is "Astrology For Men".

On this episode: Signs of Coming Economic Horror, gold is a sell, CGF punished, portfolio update, mortgage rates update, reporting season updates, nickel close to a buy, BPT misses guidance, Pulled pork on SDG, OGC delisting, SKT pulls out of Media Works, filtering the list for dividends.

We bid farewell to ONJ; Portfolio update; 3PTL reminder; Catch phrase comp; Oil is almost a sell; Gold AUD no longer a sell; Pulled pork is KPG; AFIC Net Asset Backing; Is Copper a buy; Is TK fully invested currently or still being cautious; the longest period of under performance TK has experienced.

Aluminium is now a buy; CCP down on results; MLD takeover; RIO results; owner-managed companies outperform; Pulled Pork SOL; the “wine selection” of iron ore blends; YAL drop on Glencore sale; where TK gets his news during reporting season.

We farewell a QAV member; gold is a sell; iron ore is close; pump and dumpers duped millions out of Aussie investors; BPT results; Buffett’s casino analogy; profit taking driving up inflation; Duncan on asset washing; pulled pork on ACL; using the 3PTL on ETFs; has TK done better out of mining or industrial stocks; how and why of the Average Daily Trade rule.

During turbulent times, we have to have discipline; Elon and Twitter; MHJ shares up on strong quarterly sales; Iron ore about $5/Ton above its fudge sell line; Pulled Pork - AMO; MQG’s cash flow; CFO of ASX Ltd has announced her departure - a bad sign?

This week: I caught COVID, stochastic processes, interest rate rise, growth after corrections, Munger invests in Australia, the Coppock Curve, Buffet backs BYD, Pulled pork on WHC, 2BL examples, banks and downturns, and underlying indicators for retail.

As the financial year has ended, we discuss our portfolio performance, and then discuss BYE’s qualified audit, Confession season, mortgage rates, Pulled Pork is NZM, Iron Ore prices, 2nd Buy Line examples, and dollar cost averaging vs going all in.

Michael Goldberg from Collins St Value Fund joins us again to talk about how they are managing the current market. This interview was conducted on June 8, so please take that into account.