QAV Podcast

It's cold, the markets are weird, and the boys are back. Cameron and Tony kick things off with oil-patch whiplash, Iran–Israel theatre, and Trump's “Mission Accomplished 2.0” tweet-storms. Portfolio numbers, confession-season land-mines, and sudden 30 % face-plants (looking at you, **AMI**) follow. Tony spotlights surprise winners (**OML**, **SHA**, **SRG**, **GNG**) and takeover bait (**STO**, **THL**), while ASX cops an ASIC probe for dropping the tech ball. Virgin's second-shot IPO, Karoon's Brazilian land-grab, and a pulled-pork deep dive on **COG** round out the finance. After hours: jazz-piano Goldblum, Kelly's Heroes, and Peter Ellyard's octogenarian optimism. 

In this special QAV episode, Cameron and Tony are joined by Navarre Trousselot, founder and CEO of Navexa, Australia's homegrown portfolio tracking and tax-reporting platform. The episode kicks off with a charming tale of how Navarre's first entrepreneurial venture was Pokémon card arbitrage as a 10-year-old, laying the groundwork for his investing instincts. The trio then explores the serious end-of-financial-year business: tax-loss harvesting, the nuances of capital gains strategies, and how Navexa's AI-powered tax tools are evolving. Navarre shares exclusive insights from aggregated Navexa user data—what the top-performing portfolios look like, what they're holding (spoiler: lots of Bitcoin), and how often they trade. The conversation wraps with some existential musing on crypto, AI, and investor psychology.

In this episode of QAV, Cameron and Tony kick off with a discussion on the political tension in the U.S. and what Trump's moves with the National Guard might foreshadow, then slide into serious investing updates. There's news on Perenti (PRN), NRW (NWH), and Findi (FND), with a nod to confusing results and sovereign risks. Judo (JDO), BOQ, and QBE get coverage too, as does the SOL–Brickworks merger and what it means for index fund flows. Cameron ponders the shocking long-term flatline of Telstra (TLS), while Qantas (QAN) and Perseus (PRU) get some love for outperforming. Tony wraps up with a pulled pork on Fleetwood (FWD), highlighting modular housing, mining village profits, and capital risk. There's also a review of the film _Ballerina_ and some off-topic Doctor Who and Shakespearean riffing.

In this week's QAV episode, we sit down with the ever-dashing Tobias Carlisle, founder of The Acquirer's Fund (ZIG, DEEP), author of The Acquirer's Multiple, and deep value maverick, to dissect the state of value investing in the era of AI-driven hype. We cover the brutal cycles of deep value, AI vs. human decision-making in funds, the madness of quantum computing valuations, and how Toby's trip to China left him unconvinced by the West's collapse narrative. We also drill into oil, Ford ($F), and the implications of passive investing's stranglehold on market direction. Plus, Buffett worship, civil war exit strategies, and why Americans don't get Aussie piss-taking.

In episode 821 of the QAV Podcast, Cameron and Tony kick things off with tales of gas outages and cold showers before diving into the markets. They review the portfolio performance, explain the HLS sell-off, and unpack the latest antics of Donald Trump's tariff diplomacy. Stocks under the spotlight include VVA (Viva Leisure) with their eyebrow-raising stake in Gorilla X Labs, NRW's legal wrangle over the Whyalla port, and a deep-dive pulled pork on ANZ. The ANZ segment touches everything from executive turnover, the bloated One Platform app, substance abuse allegations, and the Suncorp acquisition, to Cameron's prediction that the whole thing will be scrapped in favour of an AI-driven rebuild. Sprinkle in some talk about robot security Roombas, the legacy of Damien Broderick, Sparks' new album, and Japanese punk, and you've got another vintage QAV session.

In this episode, Cameron and Tony tackle the political earthquake caused by the breakup of Australia's Federal Coalition, dig into the implications of the RBA's latest rate cut, and explore how the U.S. credit downgrade might ripple through markets. We hit hot topics from taxing unrealized gains to a lesson in value investing resilience through the lens of a Tobias Carlisle interview with Rich Pzena. We close with a deep pulled pork on Cettire Ltd (CTT), the controversial drop-shipping retailer that's either misunderstood genius or speculative flameout. Plus: the ASX plays dumb, and Helen Mirren gets name-dropped twice.

In this episode of QAV Australia, Cam and Tony navigate a turbulent market buoyed by a temporary rollback in US-China tariffs and a curious rally in Bitcoin. They break down the movements in gold stocks like Perseus (PRU), Ramelius (RMS), and West African Resources (WAF), unpack ANZ's (ANZ) CEO handover and the impact of its Suncorp acquisition, and look into Super Retail Group's (SUL) Q3 results. The episode also features deep dives into the governance concerns at Macquarie (MQG), a bizarrely massive dividend from Healius (HLS), a skeptical look at luxury drop shipper Cettire (CTT), and a pulled pork segment on outdoor advertising player oOh!media (OML). Cam also shares a personal health win, and the duo wraps up with some recommendations, banter, and a little Van Halen nostalgia.

In this episode of QAV Club, recorded on 6 May 2025, Cameron and Tony unpack the Australian federal election result with the kind of sharp political analysis and irreverent banter you expect. They explore the collapse of support for the Liberal Party, the implications for Peter Dutton, and the broader shifts in Australian voter demographics. Then, they pivot to Warren Buffett's final Berkshire Hathaway AGM, reflecting on his legacy, investing philosophy, and the future of the company post-Buffett. The episode also includes due diligence on NRW Holdings (NWH), QPM Energy (QPM), and a deep dive pulled pork segment on Motorcycle Holdings (MTO). Plus, there's a listener question on Healius (HLS), and Cameron fields the perennial paradox of being a Marxist value investor. Oh, and there are motorcycles, AI, and some pointed shots at Donald Trump. Classic QAV.

This week we deep-dive into BIS (Bisalloy Steel Group), questioning whether it's truly a steel commodity play given its rising price amid a falling steel market. Tony delivers a pulled pork on BIS, exploring their niche in quenched and tempered steel, its use in defence industries, and the company's recent inclusion in the All Ords. W also tackle discrepancies in price-to-operating-cashflow (Pr/OpCaf) numbers between Stockopedia and manual calculations, and reflect on the sale of Stock Doctor. There's a reader question on operating cashflow calculations and plenty of banter about sobriety, diet, and what they've been watching lately—from _Landman_ to _Face/Off_.

In this post-Easter episode, Cam and Tony chew through the week's market moves, exploring why the All Ords is up despite a gloomy global outlook. They rip into Trump's latest Fed-firing fantasies, dissect the economics of tariffs, and wonder if AI will treat us like Yellowstone squirrels. There's a deep dive on Bank of Queensland's latest results, plus a pulled pork on gold miner Tribune Resources (ASX: TBR). They close with some existential musings on economic stagnation, robot-run suburbs, and whether humans are about to be the squirrels of tomorrow.

In this episode, Cameron and TK dive into the tumultuous week in the markets, heavily influenced by the Trump administration's tariff announcements and subsequent pause. They discuss the impact on US Treasury bonds, China's long-term economic strategy, and the potential breakdown of global trust in the US economy. They briefly cover portfolio updates, Ray Dalio's perspective on the breakdown of the global order, and company-specific news including Accent Group (AX1), Findi (FND), Comms Group (CCG), Perenti (PRN), Telstra (TLS), and TK's new board appointment at Clime Investment Wealth (CIW). TK also provides a detailed "Pulled Pork" analysis on Cedar Woods Properties (CWP). The episode concludes with after hours.

In this episode, Cameron and TK dive into the recent market volatility, largely driven by US tariff announcements. They discuss the importance of sticking to the QAV investing framework during uncertain times, contrasting it with reactive or emotional decision-making often seen elsewhere. The conversation touches on the potential economic impacts of the tariffs, including the logic behind them, the potential for decoupling from China, the historical context of tariffs in Australia, and the possibility of it all being a "grift".

In this episode, Cameron and TK dive into the recent market volatility, largely driven by US tariff announcements. They discuss the importance of sticking to the QAV investing framework during uncertain times, contrasting it with reactive or emotional decision-making often seen elsewhere. The conversation touches on the potential economic impacts of the tariffs, including the logic behind them, the potential for decoupling from China, the historical context of tariffs in Australia, and the possibility of it all being a "grift".

In this episode, TK shares his busy week involving golf, horse racing, and family events, including his daughter's first auction and his upcoming birthday. Cameron updates on the QAV light portfolio's performance, noting it's now beating the index since inception and for the financial year, despite selling EHL and TPG. They discuss Dollarama's acquisition of The Reject Shop (TRS) at a significant premium, speculate on the rationale, and touch on potential challenges for Dollarama in the Australian market. Concerns are raised about Stockopedia following staff departures and data discrepancies, particularly with Price to Operating Cash Flow (PropCAF) figures. The hosts delve into ASIC and the RBA scrutinizing the ASX over CHESS replacement issues and operational risks. They analyze several stocks: Accent Group (AX1) potentially seeing increased stake from Fraser's Group, New Hope Group's positive results and share buyback amidst slumping coal prices, Ramelius Resources' (RMS) controversial acquisition of Spartan Resources and subsequent removal from Stock Doctor's star list due to disclosure and financial concerns, and NZME's results, potential corporate activity involving Stuff, and a looming board challenge from Canadian billionaire Jim Grennan. A significant discussion revolves around establishing 'red flags' for corporate governance issues, triggered by Helia's (HLI) CEO selling shares before bad news, Indiana Resources (IDA) failing to lodge reports on time, and broader concerns about management integrity, timely disclosure, and when to remove a red flag. They also cover TPG Telecom's sale of assets to Vocus and perform a deep dive into Santos (STO), including its history, recent performance, QAV metrics, and associated risks. The episode wraps up with 'After Hours' chat about classic TV shows like Joe 90 and Odd Squad, films like Unforgiven and Ipcress File, music discoveries including Transplants and The Distillers, and TK's upcoming horse races.

This week we're talking with Steve Mabb, Chairman of the Australian Shareholders Association, about what we can do about the many failures of ASX-listed companies to disclose their results during the most recent reporting season.

Tony and Cameron explore the market's recent volatility and recovery, examining key performances in both their Australian and US portfolios. They dive deep into the curious case of Ramelius Resources, dissecting the company's recent series of announcements that puzzled investors and raised questions around transparency and disclosure practices. Other highlights include a robust discussion on small caps versus large caps in the context of passive investing impacts, strong results from Perseus Mining and Metals X, and an analysis of Shape Australia's promising financial position and future outlook. The episode wraps up with listener questions about portfolio hedging strategies and implications of the Ramelius and Spartan Resources merger.

In this episode, we review recent half-yearly results and market volatility, discussing notable movements in the dummy portfolio compared to the benchmark, as well as significant shifts in commodities such as crude oil. We dive into reporting-season surprises from companies like Qantas, Hello World, Pepper Money, and Karoon Energy, exploring the lack of timely “confession season” disclosures and how that impacts investment decisions. The topic of whether to pause stock purchases during reporting season is debated, expressing our frustration over abrupt CFO departures and earnings “shock” announcements. We conclude with a “Pulled Pork” deep dive on mining services group Perenti (PRN), analyzing cash-flow quirks, forecast earnings, and overall QAV metrics.

In this episode, we review recent half-yearly results and market volatility, discussing notable movements in the dummy portfolio compared to the benchmark, as well as significant shifts in commodities such as crude oil. We dive into reporting-season surprises from companies like Qantas, Hello World, Pepper Money, and Karoon Energy, exploring the lack of timely “confession season” disclosures and how that impacts investment decisions. The topic of whether to pause stock purchases during reporting season is debated, expressing our frustration over abrupt CFO departures and earnings “shock” announcements. We conclude with a “Pulled Pork” deep dive on mining services group Perenti (PRN), analyzing cash-flow quirks, forecast earnings, and overall QAV metrics.

In this episode of QAV, Cameron and Tony navigate the carnage of reporting season, where many QAV stocks have taken a beating. They discuss the brutal market reactions to earnings misses, the underperformance of value stocks relative to growth, and what the latest results say about the overall market sentiment. Despite the doom and gloom, there are bright spots, including Berkshire Hathaway's latest results and a few standout earnings reports. Tony also revisits the concept of market tops and how investors should be positioning themselves.

Half year reports are playing their usual havoc on some of our stocks, as results disappoint the market. But is the market over-reacting in some cases? Tony thinks so. We're also talking about the RBA's decision to cut interest rates and how that affects our investing decisions. Stocks covered today include FND, AMP, CVL, PPM, and Tony's deep dive is on FSF. He also answers a listener's question about borrowing to buy shares. After hours includes discussions about Babylon, the ACO, racing updates and fasting.

In QAV Episode 806, Cameron and Tony cover key market updates, including Elon Musk's $97B bid for OpenAI, Trump's steel tariffs, and the resurgence of iron ore as a buy. They analyze portfolio performance, noting that long-held stocks tend to outperform, and discuss Nick Scali, Beach Energy, and Seven West Media's earnings. Cameron unveils the ‘Reilly Indicator', suggesting that a lack of sell signals could indicate an impending market correction. They revisit the ‘Crazy Girlfriend Rule' for stocks that repeatedly disappoint, explore the impact of COVID lows rolling off charts, and debate when bad news stops being a red flag. The Pulled Pork segment examines Grange Resources (GRR)—a strong performer but with a looming mine closure. The episode wraps with fun discussions on horse racing, Al Pacino, and flat-pack furniture frustrations.

In this episode recorded on February 4, 2025, we dive into the impact of recent US tariff implementations and their immediate retraction. We also discuss the resignation of Resolute Mining's CEO following his detention in Mali and its effect on the company's share price, TK explains the Ricardo effect on national economic strategy, the collapse of Mosaic Brands, regulatory approval for FND, and a 'Pulled Pork' segment on Aurelia Metals (AMI), covering the company's history, current status, and future projections amid the booming gold prices. In After Hours, they offer tributes to Marianne Faithful and discuss pop culture, including 'Rogue Heroes' and 'Inland Empire', Nazi propaganda and 20th-century Russian literature.

In this episode of QAV, Cameron and Tony discuss a variety of topics, from Tony's trip to Tasmania and adventures at MONA to Cameron's kitchen mishap with a mandolin slicer. The conversation transitions to market insights, including the impact of the Chinese AI system DeepSeek on global markets and Nvidia's significant market cap loss. The duo explores key investment stories like Lindsay Australia's stock performance and Washington H. Soul Pattinson's involvement, as well as discussing pathology services company ACL and its challenges in a government-regulated environment. The episode closes with reflections on the late David Lynch and his creative legacy.

While TK is away, I'm chatting with Phil Muscatello from the Shares For Beginners podcast, about everything the two of us have learned about investing over the years we have produced our respective podcasts.

This week we're talking about commodities such as crude oil, copper, and lithium becoming buys again, Wall Street predictions and the practical approach of focusing on quality investments and managing risk. Tony shares analysis on several stocks including NWH and MYR, discussing red flags, and a pulled pork on HZN. Cameron discussed his recent analysis on Rule 1 selling and some news regarding FSF and GNP, plus an article from the AFR about Australia's private sector being in recession. After Hours features reviews of films like ‘Civil War' and the ‘Planet of the Apes' series, along with the show ‘Black Snow', and NVIDIA's groundbreaking announcements at CES.

In our first episode for 2025, we break down our mixed portfolio results for 2024, talk about news related to MWY, ABA, ERD, RMS, play clips from a 1994 talk from Peter Lynch, review Geoff Wilson's investing checklist, discuss Eugene Lama's views on efficient markets, quantum computing threats. And in the After Hours segment we talk about the films, TV and music that's kept us busy over the break.

A review of the stock market's winners and losers for the year, updates on TLS, DTL and FPR, Planck's Principle in investing, our predictions for 2025, and a 'Pulled Pork' on Wagner's Holding Company (WGN). In After Hours we talk about Leunig, say RIP to departed friends, and discuss ADHD.

This week we're talking about SXE's new contracts, The Buffett Indicator, "The Mind of Wall Street", the Murdoch succession crisis, Pulled Porks on GTN and RM, and then in After Hours we discuss Dune Part Two, S02 of Bookie, Vivaldi's Four Seasons, Skeleton Crew, Wild Gods, Pink Moon and using the Australian government to bail out failing news organisations.

In this episode of QAV: Tony's recent golfing escapades and his upcoming move to Cape Schanck. We discuss ANZ's CEO change, reviewing the impact on the stock and the broader banking landscape, including concerns over market share and IT integration challenges. ABA's merger with MyState is analyzed for synergies and potential risks. There's an in-depth look at operating cash flows from Fleet Partners and whether it remains a QAV stock. The 'Pulled Pork' segment features Hello World Travel Limited, examining its financials and market position. Other topics include Boom Logistics' consolidation, commodities recovering thanks to China's statements, the RBA's interest rates decision, and Rule 1 sell strategies. The episode also includes reviews of recent media highlights, from cinema classics to new spy thrillers.

In this episode, while Tony is playing golf, I am joined by guest co-host QAV club member Geoff Fleming. We discuss Geoff's investing journey, then get into Anthony Scaramucci's book on Bitcoin "investing", recent updates from EHL and FND, ASIC's warnings about cybersecurity threats to share holdings, the latest market news including gold stocks like WestGold (WGX) and Resolute Mining (RSG), and a deep dive on Auswide Bank (ABA), including its recent acquisition, merger talks with MyState, and financial challenges. After hours chat includes Babylon, The Old Man, pumpkin pie, Pink Floyd / Roger Waters concerts, Jethro Tull lyrics, Bauhaus movement, Cobra Kai and The Life of Apollonius of Tyana by Philostratus.

In this episode, we discuss the impact of Trump's tariffs and sanctions on markets, the consolidation of Boom Logistics, Resolute Mining Update, listener feedback about lithium investments and accruals, the Mooch on bitcoin and his Trump decoder ring, a pork on Woodside Petroleum (WDS), Nick Scali's Logistics Challenges, the latest on the super tax proposal, EV vehicle sales in Australia, and a second pork on U.S. company Pool Corporation (POOL), a recent Berkshire Hathaway investment. After Hours includes Tony's recent experiences with Rockwiz, Stephen Fry, and a golf win, while Cameron talks about the 1963 Italian horror film BLACK SABBATH and a new documentary about Elvis' 68 Comeback Special.

In a jam-packed two-hour long episode 747, we're talking about everything from the RSG kidnapping to accruals in the QAV checklist, the performance of ASG, why Cam didn't buy SWM when he read Kerry Stokes' AGM speech, Zombie companies on the ASX, the NAB being sued by ASIC, the retirement of Joyce Corporation's CEO, GrainCorp profits, Brokers hype, Findi's Indian ATM / IPO play, before wrapping up with after-hours chatter about horses, boxing, movies, fascism, and 20 years of podcasting.

In this mammoth two-and-a-half-hour marathon episode #746, we covered an extensive range of topics, from Trump's 2024 election victory and its implications, to detailed analysis of multiple companies and market sectors. Elon Musk's new role as Minister for Government Efficiency (DOGE), portfolio performance updates showing significant outperformance of benchmarks, and several mining company developments including Resolute Mining's Mali crisis, Liontown Resources' lithium struggles, the delisting of Namoi Cotton and the challenges of tracking corporate actions in Light portfolios, and iron ore market challenges. Cam does a pulled pork on US shipping company TeeKay Corporation's history and operations, and Tony does a pulled pork on Qantas Airways' business model and fleet concerns. The After Hours section also included discussions about horseracing updates, entertainment recommendations including David Tennant shows, and concluded with an extensive debate about Trump's potential impact on democracy and different perspectives on fascism in America.

We discuss the RBA's Cup Day meeting, TK does a 'Pulled Pork' on CCP's recent performance, and quotes from 'What Works on Wall Street' by O'Shaughnessy, exploring key accounting ratios and shareholder yield. After hours is about cycling safety, Coppola's "DEMENTIA 13", scotch eggs, and managing celebrities.

We're talking about the impact of Solly Lew's strategic moves on Myer, before discussing Mosaic Brands' recent troubles, portfolio reports, and Tony provides a comprehensive 'Pulled Pork' segment on AMP. Cam discusses the Woozle Effect in investing and provides pulled pork on one of the stocks in our U.S. portfolio, Banco Latinoamericano de Comercio Exterior (BLX). After Hours includes updates on horse racing, a recommendation of the TV show 'Bad Monkey', and reviews of Fritz Lang's film 'M' and Kubrick's "Full Metal Jacket".

In this episode, Tony and Cam talk about market predictions, and recent impressive gains in WGX, FND and WLFC. In the pulled pork, Tony analyses Redox (RDX), and then answers questions about portfolio strategies and buyback versus dividend yields. The episode also features insights from O'Shaughnessy's 'What Works on Wall Street', and After Hours has personal anecdotes about Cameron's Kung Fu grading, Tony's horse racing, reviews of classic films and literary works like 'Pimp: The Story of My Life' by Iceberg Slim.

This episode - an analysis of Pepper Money Limited (PPM), Emeco Holdings (EHL), Macmillan Shakespeare (MMS), and GTN. We discuss share buybacks, the impact of private equity ownership, the importance of dividend changes as buy/sell signals, the use of three-point trendlines in stock analysis, and the performance of the US dummy portfolio. We delve into O'Shaughnessy's research on dividends from "What Works on Wall Street", Lefevre's warning about listening to brokers, and explore strategies for stocks under takeover offers. In After Hours - Dennis Hopper, Rick Rubin, Slow Horses and Kung Fu.

In episode 741 of QAV, Tony and Cam discuss fear and greed with quotes from "Reminiscences of a Stock Operator", analyse West African Resources' (WAF) market situation due to Burkina Faso's political climate, Bank of Queensland's (BOQ) franchise strategies, Tony's attempts to get ChatGPT to help with the Kelly Criterion, answer a question about US Dummy Portfolio Strategy, and discuss insights on price-to-cash flow ratios from 'What Works on Wall Street' by O'Shaughnessy. The 'Pulled Pork' section features an in-depth look at Adairs (ADH) and its new strategic direction. And, of course, After Hours.

In this episode, we do a deep dive into 'Reminiscences of a Stock Operator' by Edwin Lefèvre, detailing Jesse Livermore's life and lessons. We give AU and U.S. portfolio updates, some discussion about interest rates and the housing market, say goodbye to VUK, keep an eye on the iron ore price, reveal TK's recent mistakes, and talk through a quote from 'What Works on Wall Street' by O'Shaughnessy. The 'Pulled Pork' segment looks at one of our U.S. investments, American retailer Lands' End (LE), its history and recent quarterly results.

In this episode of the QAV 739 Club, CR and TK review their portfolio performance, do a pulled pork on Qantas, discuss the impact of the RBA's interest rate decision, and the effectiveness of insider trading signals and the impact of Dividend Strategies in Australia.

In this episode of QAV, we discuss the ASX's record high, our portfolio returns, Earnings Surprises, Vysarn (VYS) raising capital, and analyse the GenusPlus Group (GNP). We look at news stories about builders going bankrupt, lessons from the dot-com crash and share a couple of WWOWS quotes.

In this episode, Tony and Cam discuss recent commodity declines and a gold price surge and what it all means, as well as recent Brettalator issues and portfolio updates. Tony reads from 'What Works on Wall Street' talking about how value investing sustains through market bubbles. The 'Pulled Pork' segment features Cash Converters, analysing its business model, regulatory impact and growth potential. a big punt In After Hours, they also discuss low-budget films, William Shatner's intense role in 'The Intruder,' and Nick Cave's new album 'Wild God.' The conversation shifts to Allan Lichtman's election predictions, Lachlan Murdoch, and a Brett Whiteley art exhibition.

In this episode of the QAV value investing podcast, Tony and Cam review the impressive US portfolio performance with a rise of 44%, compared to the S&P's 27%, and compare with the Australian portfolios. They discuss the recent performance of big caps versus small caps, MMS setbacks. Behavioral economics insights from ‘What Works on Wall Street' by Shaughnessy are explored, focusing on recency bias and overconfidence. They cover Resimac (RMC) CEO's sudden resignation, financial implications for Australian Clinical Labs (ACL), Stock Doctor data integrity issues with SCL, and delve into Judo Holdings' (JDO) market position in the ‘Pulled Pork' segment. Listener questions about SMSF strategies are addressed. The episode closes with After Hours, emotional updates on Tony's horse racing ventures, tales of Cape Schanck, Dave Grohl's autobiography, The Room, Brahms Intermezzi, and the joys of old Jackie Chan and Donnie Yen films.

In this episode of QAV, Elio D'Amato from Stockopedia interviews Tony Kynaston. The discussion covers Tony's investing principles, his journey from corporate management to investing, Tony's philosophy of having a disciplined investment system, and key strategies he employs in his Quality at Value (QAV) investing approach. They touch on the importance of cash flow over earnings, trend lines for timing buys and sells, and the use of a checklist for evaluating stocks. The webinar also highlights how Tony manages his portfolio and some of his stock picks like Boom Logistics, Macmillan Shakespeare, and AGL. There's also a dive into the dynamics of market sentiment, psychology of investing, and how to maintain discipline amidst macroeconomic noise.

In this episode Tony and Cam discuss the recent global market crash, its causes, and how value investors can navigate the turmoil.

In this episode Tony and Cam discuss the recent global market crash, its causes, and how value investors can navigate the turmoil.

In this episode of the QAV podcast, we look at recent news involving SGI, ATP, FGM, CVL, AX1 and a deep dive into ABB's recent share price drop and business fundamentals. We discuss listener Conrad's successful modification of the QAV investment system, which led to a 31.4% return in the last year and review some advice from O'Shaughnessy's 'What Works on Wall Street' regarding consistency in investing. The after-hours segment includes discussions on examples of outstanding customer service, the benefits of rural call centers, and U.S. politics. We also chat about Tony's recent golf win, film reviews of 'Stingray' (1976) and 'The Assassination Bureau' (1969), and recommend the music of The Jim Carroll Band and Grace Cummins and the Doctor Who site, stitchesintime.

In this episode of the QAV podcast, hosts Tony Kynaston and Cameron Reilly are discussing a record-high in the All Ordinaries index spurred by the 'Trump bump', Aussie Broadband's sudden dive (ABB), portfolio results, more FY survey results, MLX's bump, the Shipping Crisis, thoughts about integrating "Buyback Yield" into the checklist, and Tony breaks down the history and market stance of Elders Limited (ELD) in a detailed 'pulled pork' segment. They also explore the Apple Vision Pro's new features and its future alongside immersive tech like Oculus Rift, then shift to the political scene with discussions on Trump's influence on global conflicts. The conversations touch on AI, Elon Musk's ventures like Neuralink and SpaceX, horse racing updates, book recommendations, and reviews of 'Better Call Saul' and Tom Cruise films.

In this episode of the QAV podcast, Tony Kynaston and Cameron Reilly discuss the necessary improvements and changes to their US portfolio, including updates to their buying checklist and new financial metrics. Tony does a pulled pork on the U.S. company Willis Lease Finance Corporation (WLFC). In Australian news, they delve into market news affecting coal and iron ore prices and cover some more member survey results ad TK updates us on his Rich List Portfolio . IN after hours, they talk about Tasmania's MONA art gallery and reflect on AI's future, drawing from insights by Elon Musk and Bill Gates, indoor golf simulators compared to real-life golfing, and their upcoming demo of the Apple Vision Pro, speculating on technology's impact on real-life experiences.