Podcasts about platinum asset management

In the US on Tuesday, Wall St continued its sell-off as investors await further clarity on the global trade and tariff front. The Dow Jones fell 0.95%, the S&P500 lost 0.77% and the tech-heavy Nasdaq ended the day down 0.87%. Tesla shares came off 1.8% on Tuesday after the company's new car sales in Britain and Germany fell to their lowest in more than two years last month despite growing consumer demand for electric vehicles.In Europe overnight, markets in the region closed mostly lower as investors continue to monitor corporate earnings results and uncertainty around the US trade outlook. The STOXX 600 fell 0.18%, Germany's DAX lost 0.4%, the French CAC fell 0.4% and, in the UK, the FTSE100 ended the day up just 0.01%.Across Asia on Tuesday, markets closed mixed as investors in the region continue to assess the unfolding trade situation between the US and key trade partners like China. China's CSI index rose 1.01%, Hong Kong's Hang Seng added 0.7%, India's Nifty 50 fell 0.3%, and Japan's Nikkei was closed for a public holiday.The local market started the new trading week with a sell-off that ended a 7-day winning streak for the ASX200 after key trading updates and uncertainty around tariffs and trade deals weighed on investor sentiment. On Tuesday the key index ended the day down 0.1% as healthcare and the banking stocks weighed on the key index.An increasing amount of locally listed companies have been updating the market with tariff implication expectations and unclear outlook notes that have increased investor panic in recent days. Wisetech Global (ASX:WTC) fell over 2.5% after warning of potential demand risks from tariffs as the latest company to report uncertain outlook.Tabcorp (ASX:TAH) bucked the volatility yesterday with a rise of 9% after the gaming and wagering company announced the wagering market remains strong with a modest improvement to the turnover trend in the wagering market, indicating consumer demand remains strong despite broader volatility.What to watch today:On the commodities front this morning oil has rebounded to trade 3.3% higher at US$59/barrel, gold is up 2.46% at US$3416/ounce and iron ore is down 0.8% at US$97.41/tonne.The Aussie dollar has further strengthened against the greenback to buy 64.94 US cents, 92.51 Japanese Yen, 48.33 British Pence and 1 New Zealand dollar and 8 cents.Ahead of the midweek trading session here in Australia the SPI futures are anticipating the ASX will open the day down 0.38% tracking Wall Street's losses overnight.Trading Ideas:Bell Potter has downgraded the rating on Platinum Asset Management (ASX:PTM) from a hold to a sell after the funds manager released April's results including FUM falling $629m or 6.1% to $9.647bn.And Trading Central has identified a bearish signal on Lovisa (ASX:LOV) following the formation of a pattern over a period of 21-days which is roughly the same amount of time the share price may fall from the close of $24.85 to the range of $19 - $20 according to standard principles of technical analysis.

The S&P 500 slid Monday as the market failed to bounce back from Friday's steep sell-off.The broad market index lost 0.5%, closing at 5,983.25. The Nasdaq Composite fell 1.21%, ending the session at 19,286.92. The Dow Jones Industrial Average eked out a narrow gain of 33.19 points, or 0.08%, to close at 43,461.21. SPI down 64 - Results continue. DMP, ZIP, CZR takeover offer from FEX.Tuesday's reporting season schedule includes Domino's Pizza, Nine Entertainment, Platinum Asset Management, G8 Education and Woodside Energy. Want to invest with Marcus Today? The Managed Strategy Portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you. If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Over in the US on Monday afternoon trade, Wall St has pulled back from record territory as investors look ahead to key inflation data out later this week in the US. The Nasdaq and S&P500 retreated from record highs to end the day down 0.61% and 0.61% respectively, while the Dow Jones ended the day down 0.54%. Nvidia shares lost 2.6% on Monday following a Chinese regulator announcing it is investigating the AI semiconductor giant for potentially violating the country's antimonopoly law.In Europe overnight, markets mostly extended the positive run from last week into the new trading week as investors assessed further stimulus talks out of China, a key trading area for Europe. The STOXX 600 rose for an eighth straight session to close 0.14% higher, Germany's DAX fell 0.19%, the French CAC rose 0.72% and, in the UK, the FTSE100 ended the day up 0.52%. Chinese leaders on Monday promised more proactive fiscal measures and moderately looser monetary policy for next year.Across the Asia region on Monday, markets closed mixed amid revised economic growth data out of Japan and on the release of China's November inflation data. Japan's Q3 GDP growth was revised up from 0.2% to 0.3% on a QoQ basis which topped analysts' estimates and boosted Japan's Nikkei to a 0.1% rise on Monday. China's CPI or inflation data on the other hand was also released on Monday and had the opposite response from investors as inflation in the region rose 0.2% YoY in November which missed expectations and was a decrease from the 0.3% rise in October indicating further sluggish recovery in the region, this led to China's CSI index falling 0.6% on Monday. Hong Kong's Hang Seng also fell 0.6% on Monday and South Korea's Kospi Index ended the day down over 2% on political instability.The local market had a lacklustre start to the week however recovered from early losses on Monday to end the day with a rise of just 0.03%. Consumer discretionary stocks boosted the market to a positive close yesterday with a rise of 0.64% while the energy sector fell 1.05% tracking the weaker price of oil over recent weeks.Aussie telco provider Superloop rallied 1.8% on Monday after announcing it has entered a deal to acquire Optus' subsidiary brand Uecomm for $17.5bn which will add over 2000km of high-capacity fibre assets to Superloop's brand.Platinum asset management tumbled 14.35% on Monday after its takeover talks with Regal Partners ended with no deal reached. This was on top of Platinum also announcing its Funds Under Management took a major hit in November.And capital raisings hit a few companies share prices yesterday with Calix ending the day down 12.22% after announcing the completion of an institutional placement that raised $20m at 75cps, while Paradigm Biopharmaceuticals tumbled 7.76% after raising $16m at 40cps, which is over a 30% discount to the previous closing price of the share.What to watch today:Ahead of Tuesday's session on the ASX the SPI futures are anticipating the ASX will open the day up just 0.04%.On the commodities front this morning, oil is trading 1.95% higher at US$68.51/barrel, gold is up 1.25% at US$2666.13/ounce, and iron ore is down 2.05% at US$104.11/tonne.The Aussie Dollar has further weakened overnight to buy US$0.64, 97.70 Japanese Yen, 50.19 British Pence and NZ$1.10.We may also see investors react to the RBA's rate decision and commentary around the last rate decision for 2024 this afternoon where it is widely expected Australia's central bank will hold the cash rate at the current level of 4.35%. Trading Ideas:Bell Potter has downgraded the rating on Platinum Asset Management (ASX:PTM) from a hold to a sell and have significantly dropped the price target on the company from $1.21 to 74cps following funds under management dropping over 10% in November to $10.957bn and on the back of merger talks ending with Re

Wall St closed higher overnight as the S&P 500 recorded its best quarter since 2019, ending Wednesday's trading session up 0.86%. The Dow Jones gained 1.22% and the tech-heavy Nasdaq closed just over half a percent higher.Over in Europe, markets closed slightly higher after a slow start to the session. The STOXX600 closed 0.1% higher with retail stocks closing higher whilst travel stocks fell 2.4%. Germany's DAX rallied half a percent, the French CAC ended the trading session a quarter of a percent higher and over in the UK the FTSE100 closed flat, up 0.01%.Locally yesterday, the ASX200 ended Wednesday's trading session half a percent higher with all but two sectors ending in the green. Gains were led by the consumer staples and health sectors which gained 1.35% and 1.28% respectively. In terms of economic news, February CPI data came out yesterday at 3.4%, the same as it previous result and slightly lower than the consensus of 3.5%.What to watch today: The Australian share market is set to open higher, with the SPI futures suggesting a rise of 0.76% at market open this morning.On the commodity front this morning, Oil is trading flat at US$81.60 a barrel, following a 9.337 million barrel increase in US crude stockpiles. Gold is trading 0.74% higher at US$2194 an ounce as investors await on  important inflation data to come out of the US. And iron ore is trading 2.71% lower at US$107.50 a tonne.Trading Ideas: Bell Potter has maintained a buy rating on Platinum Asset Management (ASX:PTM) and has a 12-month price target of $1.20. The buy rating is maintained by Bell Potter as PTM look to reduce their cost base in FY25 to get annual costs below $78m. This reduction in costs increased EBITDA forecasts by 3.9% in FY24, 15.3% in FY25 and 36% in FY26.And Trading Central has identified a bullish signal on Whitehaven Coal (ASX:WHC), indicating that the stock price may rise from the close of $6.74 to the range of $8.50-$8.90, on a pattern formed over 40 days, according to the standard principles of technical analysis.

For the first time in 2024, Adam Keily is back on the podcast with his latest Buy or Sell episode. He is joined by Julian McCormack of Platinum Asset Management to go through some of the companies he's buying and selling. Want to ask a question or join us on the podcast, hit us up via our website. —------Want to keep learning? Check out the Rask + Equity Mates investing courses. We've worked with the team at Rask Invest to produce two great investing courses:Get Started Investing is a free course that covers all the basics of investing and how to start building your portfolioThe Value Investor Program goes deep into stock selection and valuation. For a limited time, we're offering $100 off the Value Investor Program with the code: MATES. —------In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. —------Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697. Hosted on Acast. See acast.com/privacy for more information.

Few of us would've predicted that by June the S&P would not only be positive, but up over 11%. On face value, a healthy market. But dig a little deeper, and it quickly becomes apparent that this performance has been carried by the big mega-cap tech stocks. Such is their performance, and the lack of performance by the rest of the index, that Apple, Microsoft, Alphabet and Nvidia now account for a third of the S&P500. This all begs the question: what next? Do these mega cap stocks sell off, does the rest of the market trade up, or will it be a bit of both? If it's the former, which companies will take the reigns? These questions, and more, are answered by today's guest – Jacob Mitchell, founder, CIO and lead Portfolio Manager at Antipodes Partners. Antipodes houses two global funds, an emerging markets fund, and an actively traded global shares ETF (ASX: AGX1).  Before starting Antipodes, Jacob spent 14 years at Platinum Asset Management, where, as the co-CIO and lead portfolio manager of the Platinum International Fund, he oversaw $3.5 billion in assets under management. Jacob goes to town on a lot of subjects, including: his bear case for consumer-facing mega cap tech; whether the AI boom is in fact a bubble; where he's seeing low multiples despite strong earnings growth; and the stocks that will lead the the next cycle. Note: This episode was recorded on Wednesday, June 5 2023 Timestamps 2:30 - Megacaps have dominated. What's next? 5:30 - Is AI a bubble? 9:10 - Slowing in the West, reopening in the East 12:00 - Market valuations and fundamentals don't line up 15:30 - Eyes on smaller companies bridging the gap 20:10 - Primed sectors 22:50 - Holding the line 27:20 - Liquidity is draining 30:20 - The secular winners of tomorrow 34:45 - Retail investors are sceptical of the energy transition 41:00 - Investment case for fossil fuels 44:00 - Hedging risk in today's market 48:00 - High conviction stocks

The best investment opportunities exploit uncertainty. These are found by exploring setbacks and change. However, conventional investment training is number-centric, while I argue investing is all about people. Investors must understand companies and their customers and competitors, the motivations of other investors and, importantly, themselves. Empathy is key, yet industry convention emphasises modelling skills and cultivates auras of certainty. To better develop the skills required to analyse corporates, one can start with individuals as case studies and scale from there. If analysts can't do that, it's unlikely they can address more complex situations. - Douglas Isles, Platinum Asset Management. Earn 0.25 CE/CPD hrs on Portfolio Construction Forum

The US has dominated global equity returns for approximately 15 years. This is a cycle – it is all cycles! And that cycle is over. It turns out that Francis Fukuyama's "End of History" wasn't quite accurate. We live in a multipolar world. Amid complexity and ambiguity, investors will have to work harder to make money than just owning US beta. The silver lining is that there are large equity markets and sectors including China and Japan that are cheap, with significant growth drivers. - Watch Platinum Asset Management's Julian McCormack and earn 0.50 CE/CPD hrs on Portfolio Construction Forum

The local market tumbled over 2% on Friday as investors were spooked by comments made and reiterated over a few days by Federal Reserve Chair Jerome Powell that interest rates will need to stay higher for longer, prompting further fears of a global recession. The utilities sector was the only sector to escape the broad market sell-off on Friday. The winning stocks were led by Origin Energy (ASX:ORG) adding 2.45%, while TPG Telecom (ASX:TPG) and Silver Lake Resources (ASX:SLR) each also added over 2%. On the losing end of the market it was a lithium sell-off led by Allkem (ASX:AKE) tumbling 8.6%, while Sayona Mining (ASX:SYA) and Liontown Resources (ASX:LTR) each fell 8%.Wall Street closed sharply lower on Friday as the collapse of tech-focused lender Silicon Valley Bank sent shockwaves through the banking sector. The collapse resulted from losses in the bank's bond portfolio and is the biggest bank failure since the global financial crisis. The Dow Jones fell 1.07%, the S&P500 lost 1.45% and the tech-heavy Nasdaq fell 1.76% on Friday. It was the worst week since June 2022 for the Dow Jones on Wall St last week, with the major indices capped off the week with losses. The Dow fell 4.44%, the S&P dropped 4.55%, and the Nasdaq lost 4.71%.Over in Europe, markets closed lower on Friday, also led by a sell-off in the banking sector after early news of a capital raise at Silicon Valley Bank leading to the stock collapsing 60%, wiping out over $80bn in value from the bank's shares.Germany's DAX fell 1.31%, the French CAC lost 1.3% and, in the UK, the FTSE100 shed 1.67%.What to watch today:Ahead of the local trading session, the SPI futures are anticipating the ASX to open down 0.55% following the global sell-off that ended last week on a sour note.On the commodities front this morning, crude oil is up 1.27% at US$76.68/barrel, gold is up just under 2% at US$1867/ounce and iron ore is up 1.16% at US$130.50/tonne.The Aussie dollar is buying US$0.66, 88.93 Japanese yen, 54.58 British pence and NZ$1.08.Stocks trading ex-dividend today include Dusk Group (ASX:DSK), Chorus (ASX:CNU), and Joyce Corporation (ASX:JYC). If you've been thinking about these stocks, it might be worth considering buying in today as stocks trading ex-dividend generally trade lower on the ex-dividend date.Trading Ideas:Bell Potter has upgraded its rating on Platinum Asset Management (ASX:PTM) from a Sell to a Hold but has decreased its price target from $1.68 to $1.66 after the Bell Potter team met with the company and also following the release of the company's funds under management figures for February showing $18.5bn in FUM, being $153m lower than January, indicating outflows of 0.7%. The increase in Rating to a hold follows management being upbeat about the prospects for the company including strong distribution and position in the market, and higher costs in recent reports being attributed to high bonus payments to staff.Bell Potter has downgraded its price target on Lumos Diagnostics (ASX:LDX) from 10 cps to 6cps but maintain a speculative buy rating on the company following the signing of three service agreements with the potential to provide up to $2.5m in revenue. The price target downgrade is on the back of a reduction in Bell Potter expectations for revenue forecasts for products sold as the new CEO Doug Ward increases focus on the services arm of the company.

Today we're joined by Stephen Arnold - Managing Director and CIO of Aoris - a single fund of 15 highly profitable, market-leading, global businesses. Stephen has been investing in offshore markets for over 28 years, with previous roles at Evans & Partners, Goldman Sachs and Platinum Asset Management. He talks about one of their investments - Tractor Supply. Tractor Supply is a US retail chain offering agricultural, home improvement, and outdoor recreational products. Founded in 1938, it has over 2,000 stores across 49 states. The company's revenue reached $14.2 billion in 2022, with a net profit of $1 billion. Tractor Supply has shown consistent growth, expanding its product offerings and e-commerce platform. Its competent leadership, including CEO Hal Lawton, has prioritised innovation and digital transformation. If you looking for a way to level up your investment game, then you should consider TIKR Terminal. This platform is designed to provide retail investors with institutional-grade research on public equities.Join now via Equity Mates and receive 15% off an annual subscription. Use code Mates15 – offer runs between 20/02 – 15/04.If you enjoyed Finfest 2022 and want to be part of an even bigger FinFest in November 2023, register your details and we'll be in touch with earlybird access details.Stay engaged with the Equity Mates community by joining our forum. *****In the spirit of reconciliation, Equity Mates Media and the hosts of Equity Mates Investing Podcast acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today. *****Equity Mates Investing Podcast is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.Equity Mates is part of the Acast Creator Network. Hosted on Acast. See acast.com/privacy for more information.

Inflation, recession, high interest rates, mortgage stress, cost of living pressures, and I'll add war to that list as well. Just some of the cheery headlines that we can look forward to in 2023. And this is the first recording of the new year. And who better to welcome back to the microphone than old friend of the podcast Julian McCormack, investment Analyst from Platinum Asset Management.We spoke about inflation and how interest rates affect everything in the economy, how difficult it is for central banks to get the settings right and what kind of recession where heading toward.Here's a link to the blog post: https://www.sharesforbeginners.com/blog/platinum0123And this is where you'll find Platinum: Platinum Asset Management: International Investment ManagerPlease consider a small donation if you'd like to support my work educating and entertaining new investors in the stock market. Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/sharesforbeginners Disclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value. Shares for Beginners is for information and educational purposes only. It isn't financial advice, and you shouldn't buy or sell any investments based on what you've heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn't replace professional advice regarding your personal financial needs, circumstances or current situation. Hosted on Acast. See acast.com/privacy for more information.

Livewire Markets Co-Founder James Marlay's path into the world of investing is an unconventional one, as he shares with host Douglas Isles on the Investing for Life podcast.  While many go from school to university into corporate life, James chose a path less travelled – working in a remote hotel in a small fishing village in Mexico. “I wasn't a great student... I've never had a really strong vocational drive.” But what he did know was that he was a “doer” and big on “experiencing things”. James eventually found his spark, pursuing a business venture with his fellow Co-Founder, Tom McKay, interviewing listed companies. “We rolled the dice, and it worked out really well. And it was really motivating and rewarding.”It was from these humble origins that Livewire Markets was born. Their mission was simple: to help investors make more informed investment decisions.Despite the financial burden of starting a business and numerous knock backs, James stuck at it and took a long-term view. And his persistence in a crowded market paid off.  James, Tom and their team have grown Livewire Markets into Australia's number one website for expert investment analysis. With the announcement that Livewire has acquired Market Index, the business is now the largest independent provider of financial market information in the country. In the episode, James reflects on his unlikely journey from a fresh-faced, young man in Mexico to the successful business leader he is today.“I have great days where I feel like I'm living close to my best self, and then I have bad habits that I fall back into. But I think the intent is there, moving in the right direction.  “You can anticipate problems or challenges ahead of time – I think that's one of the things that comes with experience.” Tune into this discussion to hear more on James' journey and Livewire Market's success, including: James' experience growing up; The Livewire Markets journey from start-up to success; The turning point for the business; Hosting key conversations, like Andrew Clifford with Hamish Douglass' in 2019; and More details around the Market Index acquisition.  You can also learn more about Livewire Markets via this link: https://www.livewiremarkets.com    Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

“Talking about things, and being open and honest, is actually a sign of strength – not weakness.” This is how our guest in this episode of Investing for Life talks about strength; a different perspective to his invincible, world record-breaking persona in the pool.  Host Douglas Isles has the privilege of speaking with CEO of Generation Life and former Olympic, Commonwealth and World Champion swimmer, Grant Hackett OAM. From the high of winning gold at a home Olympics and holding 16 world records throughout his career, to the discomfort of racing with a partially collapsed lung, Grant's life journey truly oscillates from glory to pain in pursuit of success and meaning. However, it is Grant's insights on his transition from Olympic champion to corporate leader, and the very public breakdown of his marriage, that sheds new light on his greatest setback to date. Through this experience, Grant learned the foundations of real leadership, the power of vulnerability, and why helping others to be their best is a far greater outcome than solo success. In his words, these were “the most eye-opening elements to my entire life.” “It actually gave me a licence to ask for help, to talk through all those things that I was experiencing, and then actually have some tools to deal with them. Even just talking about them was like removing 50% or 60% of the burden that I carried for quite some time. “Since that point in my life, I have practised vulnerability.” Tune into Grant's discussion to hear: His journey towards Olympic glory, regrets and physical challenges along the way; The pain of his public divorce and separation from his children; How he reconciled with his athlete persona when starting his corporate career;  His work and successes as CEO of Generation Life today. You can also learn more about Generation Life via this link: http://www.genlife.com.au/   Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

"Death affects 100% of the population, so it's an issue in which we are all invested." Today's Investing for Life episode covers one of our most taboo topics. But, despite the subject matter, the conversation balances the dark with the light. Host Douglas Isles is joined in the studio by comedian, interviewer, and unwavering campaigner – Andrew Denton (who is quick to point out that Doug "left out sex symbol" among his list of titles.) While it's not without a few laughs, their conversation focuses on Andrew's advocacy and lobbying work around voluntary assisted dying in his role as founding director of Go Gentle Australia.  It's a deeply emotional subject. Yet, while Andrew concedes championing such a sombre and complex cause has not been without its challenges, his journey has been anything but dark. In fact, it's full of hope, as Andrew shares why he continues to pursue this 'sacred duty' to help Australians ‘walk each other home better at the end of life'. "I've certainly found [campaigning for voluntary assisted dying] stressful and emotionally really draining. But…this has been the most rewarding and, in many ways, positive thing I've ever done. "Because I know for a fact that the work I've been engaged in has made a fundamental difference to what could have been a hugely traumatic [experience] - not just to the person, but their immediate family.  “So, if you think of it as a third act, then - wow. What a third act. Way more important to me than the previous two acts, and way more beneficial." As you'll learn through this conversation, "there is no 'one size fits all' for death", but Andrew shares his own powerful story blending his personal experience and professional skills. Tune into this discussion to hear: His changing relationship with death after the painful experience of losing his father, and how that compared with losing his mum; What is was like hosting Enough Rope - his most challenging and successful interviews, including Michael Parkinson, Bill Clinton and Mark Latham; His work with Go Gentle, and the meaning he has found in working alongside families, speaking with politicians and influencing those connected to voluntary assisted dying; and Why he continues to fight to be a source of light and hope in the often dark conversation of death. You can also learn more about Go Gentle - and donate to their work - via this link: https://www.gogentleaustralia.org.au/    Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

"What is the truth of performance?"  It's a question as relevant in the world of sport as it is in the worlds of business and investing. And it's a question that drives everything former Wallaby Ben Darwin does with his team at GAIN LINE Analytics. Ben is our guest on this week's episode of the Investing for Life podcast. After suffering a career-ending neck injury in the 2003 Rugby World Cup semi-final, Ben went on a journey of self-discovery. Starting that fateful match, Ben finally felt like he was “where he wanted to be”. But, as he describes in this episode to host Douglas Isles, just one moment changed his life permanently.  Over the coming years, Ben had to reflect and rebuild – physically and mentally – to work out where life would take him after the very real threat of quadriplegia.  "When I had the injury, the doctor said to me: "This is gonna go one of three ways: you become a quad; you get killed; or you're gonna walk out of here." So, I got to walk out."‬‬‬‬‬‬‬‬‬‬ It was during those years of reflection and rebuilding that he started to explore high-performing teams from a fresh perspective – as a coach and then analyst. The data drew him to the idea of ‘cohesion', and its clear presence in high-performing teams: something he has now spent a decade sharing with clients across sport and business through his role as Co-founder and Director at GAIN LINE Analytics.  "Talking to guys like Craig Bellamy, Arsene Wenger…they know they are not the reason for the success. They know there's certain things they can do, but massive things they can't control.‬ "The level of understanding between the participants of the team is far more predictive of the outcome than the level of individual skill."‬‬‬   Listen to this episode to hear more about: Ben's life-threatening injury in the 2003 World Cup semi-final against the All Blacks; His rehabilitation journey - physically and mentally - including his ADHD diagnosis; His transition from professional sport into a career in team cohesion, data and analytics; and His views on the importance of team cohesion for performance and engagement, and how organisations like the AFL have become the benchmark globally.   Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

Following a ‘bull market of galactic proportions', this year's falls across nearly all asset classes have made life difficult for many investors. The ultimate question – are we there yet? Platinum Asset Management's Julian McCormack has been vocal about the challenges ahead for global equities, and talks to: Why US unemployment could head to 10% before it falls below 4% again Why earnings estimates remain ‘fanciful' The strange bullishness in this bear market, and Why patience is a virtue for all investors. You can access this and previous episodes of the Your Wealth podcast now on iTunes, Podbean, Spotify or at nabtrade.com.au/yourwealth If you're short on time, consider listening at 1.5-2x speed, which should be shown on the screen of your device as you listen. This won't just reduce your listening time; it has also been shown to improve knowledge retention.

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest who has had one of the more unique life journeys.  It started on an 800-acre potato farm on the Victorian border, before continuing in Adelaide as a teacher, up to the skyscrapers of Hong Kong with McKinsey and – at one point – across four countries in 12 months with two children under three. Today, Davina Stanley is the co-author of The So What Strategy: a book she wrote based on over 25 years' experience helping professionals clarify and communicate complex ideas.  So, what is her ‘so what'? What has been the driving force shaping her path? "I just really enjoy helping people. It's really that simple." It's a clear thread that runs through her life: helping others.  As a fourth generation teacher, Davina was originally called to the classroom to help young kids. However, despite her family legacy, she quickly found out it just wasn't for her. She was far better suited to helping adults.  It was a realisation that saw her reskill in communications, train teams and leaders with McKinsey in Hong Kong, and even having “great fun” litigating with lawyers to help them write legal advice others could read in a much shorter timeframe. “That was the thing that kept me going through the GFC. You become a bit of a human dartboard, and you really have to bat it back. But they love the banter, so it's actually great fun.”   Listen to this episode to hear more about: Davina's experience growing up in the country and starting her career while helping her younger siblings; What inspired her career change from teaching to communications and consulting; The challenges she faced working, living and regularly relocating around the world with two young children; and Her passion for and approach to helping executives communicate with clarity, quality and velocity today.     Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

 Taking a look at global markets overnight, in the final hours of trade on Tuesday the S&P500 overturned a morning rally to close 0.65% lower, the tech-heavy Nasdaq shed 1.1% and the significant early morning rally for the Dow Jones weakened, causing the industrials index to close just 0.12% higher. Stocks lost momentum in afternoon trade ahead of key inflation data out later in the week that will provide an update on the state of the US economy. In the UK and Europe, it's a different story today as investors continued selling out of the markets there on Tuesday with the UK's FTSE100 ending Tuesday's session down 1.06%, while in Europe, Germany's DAX fell almost half a percent while the FRENCH CAC ended the session down 0.13%. European markets were sold-off for a fifth straight session amid persistent investor concerns over global growth, the prospect of further monetary policy tightening and the escalating tensions between Russia and Ukraine. Over the last month investors have pulled 694 million pounds worth of investments in UK shares, Asia-focused equities manager Platinum Asset Management posted $172 million in outflows for September and retail investors locally have pulled $400 million from Magellan Financial Group in the last month amid rising interest rates and the possible recessionary market environment especially for the UK and Europe.What to watch today: Ahead of the new trading day, ASX futures are expecting the local market to open 0.33% lower following the afternoon sell-off on Wall St overnight.On the commodities front, brent crude oil continues to decline this morning, trading 1.65% lower at US$94.62 per barrel, gold has rebounded to trade 0.58% higher around US$1677 per ounce, and iron ore is trading flat at US$98 per ton.In economic data, there is no local economic data released today but over in the UK investors will be awaiting GDP data for the month of August, while US PPI data for September will be out later tonight.Stocks going ex-dividend today include Horizon Oil (ASX:HZN), Regis Resources (ASX:RRL), and WAM Global – Wilson Asset Management (ASX:WGB). If you have been thinking about these stocks it might be worth considering buying in today as stocks going ex-dividend generally trade lower on the ex-dividend date.The Aussie dollar has weakened to buy 62.62 US cents, 56.50 British Pence, 92.06 Japanese Yen and 1 New Zealand Dollar and 12 cents.Trading Ideas:Trading Central has identified a bullish signal on Superloop (ASX:SLC) following the formation of a pattern over a 32-day period, which is roughly the same amount of time the share price may rise from the close of $0.71 to the range of $0.82-$0.84 according to standard principles of technical analysis.Trading Central has also identified a bullish signal on Race Oncology (ASX:RAC) following the formation of a pattern over a period of 15-days which is roughly the same amount of time the share price may rise from the close of $2.05 to the range of $2.25 to $2.29 according to standard principles of technical analysis.

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest who has always taken a "nothing to lose, give it a go" attitude, and drawn on his own grit and determination to overcome a multitude of barriers.  This amazing story starts in a tiny town in the middle of the Indian jungle where Ali Mohammed spent his early years. His career began as a technician in the Indian Air Force, where he became a qualified aeronautical engineer, moved up the ranks and, along with his wife and two young twins, ultimately emigrated to Australia in 2004.  But life in Australia didn't start smoothly. After landing, Ali realised his qualifications weren't recognised, and he was told he had to go back to university and start again. With limited English, limited funds, and a young family, Ali had to adapt his thinking and pursue a new path in this new country.  After six years retraining while supporting his family through a range of sales and retail roles, he took a leap of faith and founded Melbourne-based financial advisory firm, Planet Wealth. Today, Ali is an award-winning financial planner with a successful track record, driven by his desire to ensure his family found its feet in Australia – a resilience that resonates with clients keen to reach their own goals in life. In Ali's words: "When you don't have an option to fail, you will actually put in 100 per cent."   Listen to this episode to learn about: Ali's childhood growing up in the Indian jungle in the 1970s; His experience joining the Indian Air Force before migrating to Australia; The challenge of re-establishing himself in another country, his determination to succeed, and the journey towards financial planning; and Ali's successes with Planet Wealth and his approach with clients today.      Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest who opted not to follow the crowd, and made her mark as a female founder within a male-dominated industry. Today, she passionately advocates for and encourages the next generation of women to find their own path.  Dominique Gill has 20 years' experience in the construction industry. After beginning her career in architecture, in 2016 she became the founder and managing director of Urban Core: the first female-founded construction start-up of its kind, and one of the fastest-growing companies in the country, according to The Australian Financial Review.  However, it hasn't always been smooth sailing. As a female founder within an industry comprising an 88% male workforce, Dominique has had her share of “uphill battles” to overcome discrimination and demonstrate her experience and credibility. But her efforts have laid important foundations for others to follow. Urban Core has enjoyed strong performance, and Dominique maintains a workforce with 44% women, well above industry benchmarks. She continues to challenge the status quo of what the industry could look like in the future, and is a pioneer for diversity and inclusion, working with high school students to help them access new opportunities within the construction sector. “If we have more women sitting at the table, everybody wins. A team that has that is more diverse, will be more collaborative, more creative, more profitable.”   Tune in to hear Dominique's views on: the value of ‘debunking' the many myths around the construction sector; moving from France to Australia, and from architecture to Urban Core, and how these transitions shaped her character; and why educating the next generation is crucial to overhaul diversity and inclusion in the sector.   Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest who put purpose and passion ahead of a traditional career path, unlocking an ongoing journey of positive community impact and social change.  David Williams has more than two decades' experience across the private and for purpose sectors, most recently at Social Ventures Australia, spanning diverse roles from global senior management to field operations and delivery. His experiences partnering with people in Australia and around the world to generate positive community outcomes has transformed his approach to ‘work'. After meeting his wife and raising their young family in her hometown in the Northeast of Brazil, David began to fully appreciate the breadth and depth of racism and unconscious bias in society. This sparked a journey of understanding of self, and the way people from different cultures and contexts interact. David has applied these learnings throughout his career working within 'for purpose' sector; leaving his early career at Bain & Company and spending more than a decade working in countries across Africa and Latin America, before returning to Australia to work and raise his family. For anyone seeking deeper purpose in their career, tune in to this inspiring conversation with someone who took a leap of faith and has never looked back. Listen to hear more about: David's experience as an 'outsider' living with his family in the Northeast of Brazil; David's transition into the 'for purpose' sector; How his sustainable tourism social venture (Meza Community) came to light, combining marine conservation and community development alongside recreation and hospitality services in Tanzania; His view on how to create positive social change including learnings along the way; and Whether David believes you can have a greater social impact at home or abroad.    Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

Julian McCormack is an investment specialist and Platinum Asset Management and we welcome him to the brand new Equity Mates podcast studio.In today's episode the lads cover all things current markets conditions, where to from here, and where Platinum are seeing market opportunities.Books mentioned in this episode:The Alchemy of Finance: Reading the Mind of the Market - George SorosThe Misbehavior of Markets: A Fractal View of Financial Turbulence - Benoit MandelbrotOne Up On Wall Street: Beating the Street - Peter LynchPlatinum Investment Management Limited ABN 25 063 565 006, AFSL 221935, trading as Platinum Asset Management (“Platinum”). This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions. You should also read the latest product disclosure statement and target market determination before making any decision to acquire units in any of the funds, copies of which are available at www.platinum.com.au/Investing-with-Us/New-Investors.Commentary reflects Platinum's views and beliefs at the time of preparation, which are subject to change without notice.Certain information contained in this presentation constitutes "forward-looking statements". Due to various risks and uncertainties, actual events or results, may differ materially from those reflected or contemplated in such forward-looking statements and no undue reliance should be placed on those forward-looking statements.Past performance is not a reliable indicator of future returns.To the extent permitted by law, no liability is accepted by Platinum for any loss or damage as a result of any reliance on this information.****All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice. The hosts of Equity Mates Investing Podcast are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.

Today's guest on the Investing for Life podcast believes winning her battle with breast cancer saved her life in more ways than one. Esteemed academic leader Professor Catherine Bennett (BHSc, MAppEpid, PhD and GAICD) shares her remarkable story with host Douglas Isles. Following a diverse and distinguished career in public health practice research, academic governance and teaching, Catherine now holds the role of Alfred Deakin Professor and Inaugural Chair in epidemiology at Deakin University. However, it hasn't always been easy. Catherine lost both parents at a young age, suffered from poor health throughout university, and was ultimately diagnosed with breast cancer. Her intertwining personal and professional journeys now provide her with a rare combination of resilience, expertise and perspective that – at this time in history – has never been more important. "The pandemic is a terrible situation for the world. But one where everything I have worked on over time comes together, in a way. Epidemiology, transmission, communication, analytics - I'm grateful I can now draw on them. "It comes down to how you respond to the challenges. That is the mark of the epidemiologist."   Tune in to this episode to hear more about Catherine's: Approach to her career, with a renewed value placed upon work-life balance, and her commitment to modelling this for her team; Insightful reflections on her experience of the pandemic as a frontline epidemiologist – from preparation to the manifestation of a COVID reality; Expert analysis on Australia's COVID response; and  Perspective on how personal setbacks have equipped her with a rare professional skillset needed in today's world.     Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest with infectious enthusiasm, entrepreneurial drive and vision. Anthony (‘Ant') Millet is Global Partner and co-lead of Global Capital at Antler, providing institutional grade access to Global Venture Capital from the earliest of stages, through heavily curated, diversified, unique and proprietary portfolios.  But it wasn't always smooth sailing. Ant made an incredibly difficult, emotional decision to leave an illustrious investment banking career in 2008 to join the family business, quickly running out of cash. The challenge of transforming ActivInstinct from one High Street store into a leading global online sports retailer and multi-channel operator unlocked his deep passion for problem solving and innovation. A passion he ultimately took to FinTech BrickX as CEO, scaling the business to over 12,000 investors, before joining Antler. "When I joined there was a website that was barely functional, completing three to five orders a day. We ultimately grew it over five years into a business doing about a million orders a year, launched into nine countries." One of Ant's greatest personal discoveries during those five years was how to operate in a mode where failure was “not an option”. This conversation explores his leap of faith and a key pivot in his career, how he overcame early setbacks, and how he applied those hard lessons learned to shape his future career pathway.   Tune in to hear more about: His family business turnaround story, the decisions made, and challenges faced along the way; Ant's views on whether one is born with – or learns – entrepreneurial grit, based on his own childhood experiences; His less-than-linear career path from investment banking to family sports shop to global e-commerce success story to scaling BrickX to his role with Antler today;  His reflections on the "golden age of innovation" from his time working in the US; and How Ant perceives and approaches risk, and how he deals with ‘failure'.     Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest whose less than conventional career pathway has led her to oversee transformation of some of Sydney's most treasured places. Anita Mitchell was 17 years old when she began her environmental science university degree. Initially “horrified” at this pathway, her mother believed she was destined to tie herself to trees for a living (something Anita is yet to try, for the record). Despite being told she would waste her education and lack future financial security, Anita followed her passion. Today, Anita has over 25 years' experience in executive management, sustainability, social impact and corporate assurance spanning energy, water, waste, property and construction in both the public and private sectors. Having joined the NSW Department of Planning, Industry and Environment as its inaugural Chief Executive of Placemaking NSW last year, Anita is now responsible for overseeing the management of Sydney's most treasured places, including The Rocks, Darling Harbour and Sydney Olympic Park, among others. Anita previously managed sustainability and environmental programs for one of Australia's largest energy distributors, as well as the country's largest water authority and waste management operator. She holds a Bachelor of Environmental Science, a Master of Environmental Management and an MBA – completed under full scholarship as ‘Australia's top emerging leader and MBA scholar', as selected by The University of Sydney and AFR BOSS magazine. "Having an understanding of what you actually want to do, what the world needs and what you're good at is this sort of nexus of trying to find a career. I've got one of the best jobs in the world."   Listen to this conversation to: - Hear how Anita navigated her parents' initial resistance to her pursuing her passions; - Discover the ins and outs of her role as Chief Executive of Placemaking NSW, and what's to come;  - Hear Anita's reflections on how she has remained intellectually curious, adaptable and how she pushed herself to overcome career setbacks, including on her return to Australia;  - Explore Anita's heartfelt account of losing her mum at a young age, and the lessons she's learned as a result.     Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest with inspiring tenacity, who has turned major life setbacks into action, ideas and, as a result, had a real impact on the lives of many. Dr. Annie McAuley was only 18 years when she suffered a traumatic brain injury while skiing, resulting in a loss of speech, memory and her ability to walk. Not only did Annie beat the odds herself, she went on to complete her biomedical PhD and, when confronted by her own daughter's speech difficulties, used her personal and professional experiences to launch TalkiPlay - a world-first learning experience to accelerate language development through interactive play.  Annie's is a remarkable story of innovation and determination, to not only overcome her own injuries but to use that experience to ensure her daughter – and many more children globally – will always have a voice. "I wanted to give her a voice. I want her to have friends, I wanted her to be included. I wanted to be part of her life and not locked out." "I want every child to have the opportunity that my children do. I want to give every child a voice, every child the potential to do well in school, and to be who they want to be and to have their voice heard."   Listen to this inspiring conversation to: Hear Annie share openly about her brain injury and her journey to recovery; Learn how Annie applied this experience to better understand her daughter's speech difficulties as a one-year old and her determination to help her overcome and be heard;  Hear Annie's journey of innovation to business success: from problem solving her daughter Grace's speech difficulties, to creating a first prototype, seeking investment, starting a business and now inspiring other female entrepreneurs to do the same; Be inspired by Annie's goal to continue innovating for purpose and driving the change that she wants to see in the world for her own children, and children everywhere.   Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

Welcome to another episode of On the Couch from Marcus Today.  And in this episode Henry Jennings is talking with Julian McCormack from Platinum Asset Management.In this podcast, Julian and Henry talk about the outlook for global markets as we head towards a recession and a continuing realignment of asset prices. How bad will it get and what investors can do to protect themselves in these troubled times.Julian joined Platinum in 2001 as an investment analyst, but then left in 2002 to travel the world. Upon returning he spent eight years working in metals and mining equity research and investment banking at Credit Suisse before founding a company in minerals exploration.Julian re-joined Platinum in 2014 as an investment specialist and works to help clients stay informed, as well as working with the basic industries analytical team.Why not sign up for a free trial? Get access to expert insights and research and become a better investor.The commentary provided by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935, trading as Platinum Asset Management (“Platinum”) is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions. The commentary reflects Platinum's views and beliefs at the time of preparation, which are subject to change without notice. Marcus Today DisclaimerIMPORTANTThe content included on our website, podcasts and in our emails has been prepared to provide general information only and, as such, the specific needs, investment objectives or financial situation of any particular user accessing the Marcus Today website or associated emails have not been taken into consideration. Each individual user should obtain advice from their financial planner or advisor before acting on any information provided on the Marcus Today website or associated emails so that such individual users can obtain advice applicable to their personal circumstance from their own financial advisor. Please note that stocks can go down as well as up. Past results are not indicative of future performance and returns can be negative.

"The most terrifying things at sea are when the thing you predicted might happen, actually happens." This episode of the Investing for Life podcast explores the remarkable career, service and life journey of Rear Admiral Lee Goddard CSC. As someone who has spent his life facing into uncertainty, setbacks and challenges, Lee shares several stories with our host, Douglas Isles, about what happens when you have no other option but to face up to your worst fears. After 34 years in the Royal Australian Navy responding to life-threatening situations like people smuggling and refugees lost at sea, Lee has learned a lot about leadership, decision making and resilience, and has now transferred those skills beyond defence. He explores what inspired this change, and shares what life is like today, through his work with AUKUS, the Minderoo Foundation, and as Chair of the Sydney to Hobart Yacht Race. This is a fascinating discussion that tackles disconnection from family, keeping an open mind, and how the way you respond to major challenges defines your character and leadership qualities. In Lee's words: “I think what I would be most proud as a leader, is if people remember how I achieved things, rather than what I achieved – even with my family.”   Listen to this conversation to: - Learn about Lee's origins as ‘a boy from the suburbs' who joined the Navy as a teenager to escape banality; - Discover the many setbacks and challenges he has faced at sea, including the most challenging moments like dealing with people smuggling and refugees lost at sea; - Learn his first-hand experience of spending long periods away from family and friends, and how he built resilience; - Hear how his experience recruiting helped him realise first impressions are not always correct (and how that applies in the investing world); and Discover why, after a 30+ year career in the Navy at age 50, Lee made the significant decision to explore a new path.       Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In her early thirties, Felicity Menzies was working offshore in banking when she went through a disturbing workplace incident; a pivotal moment that would take her career in a completely different direction. Felicity was bullied by a senior employee and – given power structures at the time – ultimately asked to leave. Motivated by this experience, Felicity turned a setback into a path-altering catalyst for positive change. She went back to university and studied psychology with a renewed passion for human behaviour and building more respectful workplaces. Today, Felicity is Principal Consultant and CEO of Culture Plus Consulting – a Sydney-based Global Diversity and Inclusion Consultancy. Over the past decade, Felicity and her team have worked tirelessly with organisations to champion a zero tolerance approach towards workplace misconduct and equality, believing: "No matter what your rank is, or how much money and power you have in an organisation, everyone must be held to the same standard of performance". Beyond Culture Plus Consulting, Felicity hopes to see even further progress around power imbalances, citing key opportunities like the Jenkins Report and how the recommendations provided provide hope and could be a game-changer for corporate Australia. "For many years, progress has been slow in the corporate world. However, we're now seeing individuals are more likely to understand it, to buy into it and to see it as fair. We want Australia to be a fair country." Listen to this inspiring conversation to: Hear how Felicity turned her experience as a victim of workplace misconduct into purpose, passion and a profession that works to prevent this happening to others; Learn the key diversity and inclusion issues Felicity is committed to addressing, such as the concept of "hiring for cultural fit vs cultural add"; Hear her perspective on recruitment "tokenism" and "hiring to meet a target"; Discover what she believes is key to "mindful inclusion" in the workplace. Felicity is the author of the book, A World of Difference: Leading in Global Markets with Cultural Intelligence. Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

The local market managed to gain 0.4% yesterday, regaining some ground after Tuesday's interest rate rise slump.The market was up nearly 1% at one point, supported by tech, mining and oil stocks, however, ran out of stream by the session close, as all of the big banks raised their mortgage interest rates in line with the RBA, so the financials sector was the only sector to post a loss, down 2.9%.Looking at the ASX200 leaderboard, private toll road developer and operator, Atlas Arteria (ASX:ALX) jumped 16% as news came in that IFM had snapped up a 15% holding in the company, and that the infrastructure fund might put forward a takeover bid in the future. This comes amid hot competition for long-term infrastructure assets. Also performing well was Boral (ASX:BLD), up 15% after the building products company announced it had appointed its new CEO. Meanwhile, banking stocks tumbled. Bendigo & Adelaide Bank (ASX:BEN), Westpac (ASX:WBC) and Commonwealth Bank (ASX:CBA) fell the most, all down over 4%, likely driven by concerns that an aggressive tightening cycle by the RBA could create challenges for the banking sector. We saw both Commonwealth Bank (ASX:CBA) and Westpac (ASX:ABC) at the top of the most traded stocks by Bell Direct clients yesterday. Also highly traded was the BetaShares Geared Australian Equity Hedge Fund ETF (ASX:GEAR), Woodside Energy Group (ASX:WDS) and Pacific Smiles Group (ASX:PSQ). Over in the US, all three benchmarks were in the red. The Dow Jones down 0.8%, the S&P500 down 1.1% and the Nasdaq down 0.7%. This comes as investors monitor signs of a potential economic slowdown. Also, action in the bond market may have hurt investor sentiment, as the 10-year Treasury yield jumped back above 3%. What to watch today:Our local market is set to fall 0.76% this morning if you go by the SPI futures. Keep an eye on BHP Group (ASX:BHP) and Rio Tinto (ASX:RIO), as both of its US-listed shares tumbled overnight. So, today could be a tough day for the mining sector.In commodities: Oil jumped to a 13-week high on rising US gasoline demand. The WTI crude oil price is up 2.5% to US$122 a barrel and the Brent crude oil price is up 2.7% to US$124 a barrel. The gold price strengthened as worries over economic growth boosted the safe-haven's appeal, ahead of the US inflation data due out on Friday.The spot iron ore price is trading 1% higher at US$146 a tonne. Trading Ideas:Bell Potter have maintained its Hold rating on Platinum Asset Management (ASX:PTM) with a price target of $1.70. While May's funds under management or FUM figures were not bad, Bell Potter find that there is still little to be positive about. FUM has fallen 16.6% year to date, and at this stage Bell Potter expects average FUM for the year ending June 2022 to be $21.5b, which is 7.4% lower than 2021. At its current share price of $1.74, this implies -2% share price growth in a year.Trading Central has a bullish signal on TPG Telecom (ASX:TPG) indicating that the stock price may rise from the close of $6.07 to the range of $6.80 - $7.00 in the next 94 days according to standard principals of technical analysis.  

In this episode of the Investing for Life podcast, host Douglas Isles interviews a guest with one of the more remarkable stories of human courage and conviction. Tristan Knowles, OAM was just nine years old when he was diagnosed with bone cancer and given a 10% chance of survival. What transpired was Tristan having his leg amputated above the knee, followed by a cancer relapse in his lung at age 11, and then – as a young boy – having to reconcile a future that seemed so different to his dreams of playing AFL for Hawthorn, let alone overcoming the very real prospect of death. Despite all these setbacks, Tristan – now Advice Manager at AIA Financial Wellbeing – looks back at life with no regrets. A decorated sportsperson and role model, Tristan went on to win multiple Paralympic and World Championship medals – including three gold – as part of Australia’s successful wheelchair basketball team. He is now committed to inspiring others to maintain perspective on life’s many privileges, including helping people secure their own financial and overall wellbeing. In his words: “Life is incredibly valuable. And it can change at the blink of an eye. I had never really forgotten about all the kids that I got to meet at the hospital that weren't as lucky as I was. I want to make sure that I don't waste any opportunity, and live life to the fullest.” Listen to this powerful conversation to: - hear Tristan’s experiences with bone and lung cancer as a child and how, against the odds, he survived through the unwavering support and positivity of his parents; - learn how he harnessed this life-altering experience to pursue new dreams, as a now-accomplished Paralympic and World Championship gold-medal winning athlete; - drill down into his experiences playing one of the difficult and physically demanding sports in the world – wheelchair basketball – professionally in Australia and Europe; challenge your perspective and inspire you to look at challenges through a different lens: an opportunity to defy the odds, find deep happiness, and leave no regrets. Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

John joins David again to discuss the current market uncertainty and how Bronte Capital is choosing to invest. John touches on several key topics that are currently being discussed by investors. such as Russia's invasion of Ukraine, the impact China's Covid-Zero policy is having on supply chains, as well as green technology and the capital expenditure necessary to allow countries to go entirely carbon zero. Finally, John touches on where Bronte is currently looking for opportunities today, including countries in central and eastern Europe such as Poland. John has been a financial markets professional since 1999 and is Chief Investment Officer, Founder and co-owner at Bronte. John was Head of Financials at Platinum Asset Management and its youngest partner. After Platinum listed in 2007, John started Bronte Capital in 2009.

In our second episode of this season, Douglas Isles interviews a very special guest who, as co-founder, was there at the origin of Platinum Asset Management almost three decades ago, and whose investment philosophy is the inspiration behind the Investing for Life podcast – Kerr Neilson. Kerr shares a rare insight into his life growing up, how his father’s business challenges shaped his views on entitlement and hard work, learning the difference between luck and competitive advantage in investing, and how insecurities and the drive to win led to the creation of Platinum. Full of honesty, wisdom and ‘learning opportunities’, this discussion is as insightful for investors as it is for anyone looking to build a successful business. As Kerr explains, success comes from continuous improvement and not being wedded to old ideas, especially your own. In his words: “If you are open to criticism and if you are open to new ideas, you progressively get better.” Listen to this conversation to: - Learn where Kerr’s ability to find ‘unexpected’ value in the market came from, and why he believes awareness of any fashion is crucial to inform your own investment position; - Hear how lessons learned from analysing others’ businesses helped shape his own approach to improving Platinum; - Hear what Kerr believes are the two most important qualities candidates can have in an unpredictable market; - Gain an insight on his views on the current market and what lies ahead for the unprepared investor; and Discover what Kerr feels is the single most important driver for any business to succeed. Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

Host Douglas Isles launches the second season of the Investing for Life podcast with Nicolette Rubinsztein, non-executive director, actuary and author. An advocate for mothers and work/life balance, Nicolette was named one of Australia’s top 10 most powerful part timers. She successfully balances motherhood with several board positions, and her passion for giving back by volunteering at home and abroad. In her former career, Nicolette was the General Manager at CBA and Colonial First State. She was president of the Actuaries Institute in 2019, holds an executive MBA, is a fellow of the AICD, an ASFA Lifetime member for her work in superannuation policy, and author of the book Not Guilty – a guide for career mums. Throughout this insightful and honest interview, Douglas and Nicolette unpack her successes using a framework modelled on Platinum’s time-tested investment principles.Listen to this conversation to: - Hear Nicolette describe the devastating setback of five miscarriages, how she navigated this enormous challenge and, importantly, how it’s strengthened her today; - Learn about the long-term view she has held to ensure she remains on the right path, including advocating for part-time roles, investing in herself and leaning into what energises her – giving back through her charitable pursuits; and - Hear how she embraces qualities that help her stand out from the crowd: her feminine strength and kindness. Follow Nicolette on LinkedIn: https://www.linkedin.com/in/nicoletterubinsztein/ or find more information on her book, Not Guilty, here: http://nicoletterubinsztein.com/not-guilty/ Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

The ASX200 posted a small loss of 0.2% for the week, however on Friday the market gained 0.5%. Materials advanced the most, the sector closing with a 1.6% gain, as the major mining stocks rose despite a drop in the price of iron ore. It was a positive trading session overall with 7 of the 11 industry sectors in the green. The major banks were mixed, with CBA and ANZ higher, while NAB closed flat and Westpac closed slightly lower. And real estate, tech, healthcare and the consumer discretionary sector, ended the day with small losses. Paladin Energy (ASX:PDN) jumped more than 13%. PDN is a uranium production company and its share price was boosted on Friday by a jump in the price of uranium. The commodity price rose to its highest level since the Fukushima nuclear disaster in March 2011, and that's at $60.61 a pound. Meanwhile, Platinum Asset Management (ASX:PTM) led the declines on Friday, dropping 15%, down to $1.90, after the company reported that funds under management dropped $1.5 billion, and also reported negative returns across almost all of its funds for the year. The most traded stocks by Bell Direct clients on Friday were Westpac (ASX:WBC), Finder Energy Holdings (ASX:FDR), Lake Resources (ASX:LKE) and Platinum Asset Management (ASX:PTM).European markets ended a volatile week of trading in the green. While US stocks posted weekly losses after the Federal Reserve commented on tighter monetary policy, signalling it will act even more aggressively to fight inflation. The major benchmarks closed mixed. The Dow Jones climbed 100 points on Friday, up 0.4%, while the S&P500 closed 0.3% lower. The Nasdaq fell 1.3%, as tech stocks led the session's losses. Tech stocks are viewed as risky due to their sensitivity to interest rates. Higher interest rates could limit future profit growth among the tech sector and therefore shares were sold on Friday. What to watch today:The local market is set to rise 0.36% at the open this morning, if you're going by the SPI futures. Oil prices are trading higher, however there are demand concerns for China, a top importer. Gold is trading higher as well, as the Federal Reserve's aggressive tightening plans countered inflation concerns intensified by the Ukraine war and mounting sanctions on Russia. Iron ore is trading lower, however investors are expecting strong restocking demand in China once COVID-19 restrictions ease. Lockdowns in some of the top steel making cities have led to transportation disruptions, with most producers cutting production amid material shortages. Brickworks (ASX:BKW) is set to go ex-dividend today. Trading Ideas:Citi maintain its Buy rating on Aristocrat Leisure (ASX:ALL), with a $44 price target. Citi expects acquisitional growth into the US$15 million iGaming market to be likely following legalisation, and Citi also note that the core social casino business offers 16% compound annual earnings growth through to FY24. Trading Central have identified a bullish signal in Boss Energy (ASX:BOE), indicating that the stock price may rise from the close of $2.58 to the range of $3.10 to $3.25, over 26 days, according to the standard principles of technical analysis. 

Complacency reigns after 40 years of falling interest rates and inflation, with soaring asset prices. The wounds of prior cycle-ending events have healed, their lessons forgotten. The post GFC period has seen a "collateral spiral", central bank bond buying forcing asset prices to ever higher levels – yes, quantitative easing matters. But retail investors and the emotion of a genuine bubble were missing. No longer. All the indicia of a colossal equities bubble are in place. If you are not thinking along the lines of 1929, the late 1960s, 1989 Japan, 1999 – you should be. A reckoning approaches. But genuine asset price bubbles draw energy from "anti-bubbles" and there is a lot to own for the next five years if you are prepared to go where the crowd is thinnest, allowing you to be on offense as you defend your clients' portfolios. - Julian McCormack, Platinum Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Good morning and happy Monday! This week we are joined by Bianca Ogden, portfolio manager of the Biotech fund at Platinum Asset Management. Prior to her current role, Bianca had an impressive career in science, completing her PHD and working as a virologist. She discusses her career and the strength of coming into asset management from a ‘non-traditional' background. We touch on the biotech industry in Australia and current trends emerging. Addressing students wanting to enter the industry, Bianca talks about the benefits of giving everything a go and reaching out to people. Finally Bianca discusses the importance of female mentorship in fostering diversity in the financial services. Show your support for BoW Talks by subscribing on Apple Podcasts or following on Spotify. Alternatively you can leave a review on Apple Podcasts. Looking to join Banking on Women? Connect with us on Instagram, LinkedIn or visit our website. Looking to collaborate on a BoW Talks episode? Say hi at podcast.director@bankingonwomen.org.au

According to Andrew Clifford, CEO and Co-Chief Investment Officer of Platinum Asset Management, there's one variable that matters more than any other in stock markets. That variable is interest rates. Interest rates can't get much lower than current levels, and, until recently, central banks have been pushing rate hike expectations years out into the future. But that narrative has changed abruptly, and market participants are scrambling to dial up the speed and quantum of rate hikes in their forecasts. In a note sent to Platinum's investors, Clifford said he sensed a 'regime change' was on the cards and that January could be a sneak preview for what lies ahead in 2022. The significance of this regime change has been well articulated. Low-interest rates have been a powerful tailwind for a long time, especially for the valuations of defensive and growth companies. Every bull market has two things in common, according to Clifford. Firstly, it has a great story, which is a true story. In the case of the current market, we've seen some unique companies emerge in the US tech sector. The second ingredient is easy monetary conditions. He says that bull markets die with higher interest rates, and then the underlying fundamentals of companies get questioned. James Marlay recently had the opportunity to sit down with Andrew Clifford to explore his views on the investment backdrop, why he is short US equities and long China and two high-conviction ideas in the Platinum International Fund's portfolio.

In the latest Investing for Life episode, host Douglas Isles interviews Elayne Grace, CEO of the Actuaries Institute Australia.With 25 years’ international experience with leading consulting firms and major insurers, Elayne has provided strategic, economic and financial advice across a range of issues. She understands the importance of – and is passionate about – building a strong, outward-looking profession that is in high demand now and in the future. Elayne’s views are respected and sought after, having contributed to a range of industry climate change papers, Geneva Papers, Intergovernmental Panel on Climate Change report, UNEP Finance CEO briefing papers and actuarial conference papers. She was a member of the Expert Advisory Panel to the Indigenous Land Corporation and participated in the Commonwealth Study Conference and Chief Executive Women’s Leadership Program. In 2019, Elayne was named in the Australian Financial Review’s 100 Women of Influence in the public policy category. Listen to this conversation to:- hear Elayne’s origin story and reflections on growing up in Ireland;- learn more about the challenges she has faced throughout her career and how she navigated each setback;- be inspired by her journey re-entering the workforce between and after children, and her advice for both men and women looking to walk that path;- hear how she led her people through the pandemic and her thoughts around the future of work.Delivered with joyful enthusiasm, Elaine’s Investing for Life story is both entertaining and thought-provoking. Her experience is a poignant reminder that standing out from the crowd can – and should be – a deliberate choice that reaps returns in the long run. Follow Elayne on LinkedIn: https://www.linkedin.com/in/elayne-grace-56455548/. Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

Rich Pickings explores the investment beliefs and philosophies of prominent professional investors, to enable you to decide whether you agree or disagree with them, so you can better articulate your own investment philosophy. In this episode, I'm in conversation with Andrew Clifford, co-founder, co-Chief Investment Officer and Chief Executive Officer of international equities manager, Platinum Asset Management. Founded in 1994, Platinum has more than A$20 billion in assets under management and Andrew co-manages the firm's flagship global and Asia equities strategies.- Graham Rich on Portfolio Construction Forum

In the latest Investing for Life episode, host Douglas Isles interviews Robbie Robertson, Lead Partner at Deloitte Digital Sydney, Deloitte Australia.With 23 years’ experience in London, New York, Singapore and throughout Southeast Asia, Robbie currently heads up a team of specialists helping clients connect with their customers through digitally-enabled experiences. He is also an Adjunct Professor of Design at Swinburne University and holds a deep passion for diversity and inclusion (D&I), leading the Deloitte Globe (LGBT+) network and sitting on the National D&I Council.Listen to this conversation to:- Hear Robbie’s honest reflection on his struggles growing up in a traditional boarding school in Scotland - wrestling with his homosexuality and the setback of glandular fever which derailed his passion for sport and sense of self;- Learn from his conviction to be his authentic self and the workplace discrimination setbacks he has faced on this journey;- Be inspired by how he has nurtured his entrepreneurial spirit and successfully built several businesses throughout his career.Robbie’ Investing for Life story is one that will encourage you to reflect on your own journey – how setbacks can become your strengths, and why embodying your authentic self can in fact help you stand out from the crowd and access opportunities only you can.Follow Robbie at: https://www.linkedin.com/in/robertsonrobbie/Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this lively conversation, host Douglas Isles interviews Dr Katherine Hunt, a lecturer in Ethics and Financial Planning at the Griffith Business School.Katherine holds a PhD from Erasmus University of Rotterdam, the University of Hamburg, and the University of Bologna. Katherine also holds Bachelor degrees in Psychological Science, Commerce (financial planning), and Finance (First class honours). Katherine has authored Everyday Ethics For Financial Advisers, and specialises in education for financial advisers. Katherine has travelled to 67 countries and surfed in 20 of those.Listen to this conversation to:- Hear Katherine reflect on her childhood growing up in Byron Bay;- Explore how perceived setbacks later turned into career defining opportunities;- Discover the life experiences which transformed Katherine’s goal from working hard to be a millionaire by age 30 to now donating $1 million to charity and helping 1 million people. Katherine’s Investing for Life story is one which promises to inspire you to shift your perspective and make smart life investments to ensure “this day will be the best day” – now and for the long term.Follow Katherine at: www.linkedin.com/in/drkatherinehuntInvesting for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this open and insightful conversation, Investing for Life host Douglas Isles interviews Dr Bianca Ogden, Fund Manager at Platinum Asset Management.Dr Bianca Ogden, MBio (Tübingen), PhD (University College London), has been the portfolio manager for the Platinum International Health Care Fund since 2007 and leads the healthcare sector team. After spending some time at Swiss pharmaceuticals company Novartis researching new HIV drugs, Bianca went on to complete a PhD at UCL. She then migrated to Australia and joined Johnson & Johnson as a molecular biologist, researching new drug targets in oncology.Bianca embarked on a career change and joined Platinum as an investment analyst in 2003. Her rich knowledge base in molecular biology and first-hand insights into the pharmaceutical and biotech industry give her a unique ability to delve deeply into the fundamentals of healthcare companies and identify those with a solid foundation in scientific research.Listen to this conversation to: - Gain an insight into Bianca’s life as an only child growing up in Germany, and how her innate curiosity led her from the world of molecular biology to her role as a fund manager today;- Be inspired by her determination to place herself in situations that challenged and grew her, and her perseverance to overcome setbacks along the way;- Learn about the adjustments she has made over the past 15-20 years which have improved her outlook on life and paved the way for a brighter future.Bianca’s Investing for Life story will encourage you to pursue your passions and push through uncomfortable seasons to reap the rewards on the other side. Bianca’s journey proves investing in good life choices upfront can deliver benefits in the second half.Follow Bianca at: https://www.linkedin.com/in/biancaogden/Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In the next episode of Investing for Life, host Douglas Isles at Platinum Asset Management interviews Campbell Aitken, Chief Investment Officer (CIO) at SCA Property Group and coach of the NSW Waratahs Women rugby team.Campbell migrated to Sydney from Edinburgh, Scotland in 2002 and, 19 years later, continues to enjoy the Australian life living in Bondi with his wife and two kids. In his role as CIO, Campbell is responsible for the Investment Division at SCA Properties; a listed REIT with over 70 shopping centres spread over Australia and New Zealand. He balances his professional life with his passion for sport, holding the role as Head Coach for the NSW Waratahs Women team.Listen to this conversation to: - Gain an insight into Campbell’s family life growing up in Scotland;- Be encouraged by his honest recount of the setbacks and personal challenges he has faced, and how these have helped shape the person he is today;- Hear why he took on the challenge to grow women’s rugby;- Learn more about the values and principles he strives to pass onto his children.Campbell’s Investing for Life story will encourage you to learn from life’s setbacks, feel empowered to stand out from the crowd and pivot in response to challenges, and ensure you make choices that lead you down the right path into the future.Follow Campbell at: https://www.linkedin.com/in/campbell-aitken-0631941/Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

In this episode, Dan and Albert break down Roblox with Matt Berry, an investment analyst at Platinum Asset Management. Roblox is an online gaming platform where you can play games designed by other users and create and share your own games using Roblox's proprietary game-developing tool. Once you sign up, you can play an infinite number of games, build and share creations, and chat with other users. Roblox is more than a game; Roblox is a global platform where millions of people gather together every day to imagine, create, and share experiences with each other. Check out our Substack Newsletter! Sent straight to your inbox, it's a great way to read our breakdowns in 5 minutes. Leave us a Review! If you enjoy listening to the podcast, we'd love for you to rate us 5-stars on iTunes / Apple Podcasts. Here's a link to leave a review right now :) In this episode we cover: An overview of Roblox (2:01) What is Roblox's market overview (4:41) How Roblox studios create engaging games (17:40) How does Roblox create 'sticky' users (24:18) Is Roblox a fad (31:05) What is Roblox's competition (38:07) Take our survey and let us know how we're doing. Follow and subscribe to our content. ** Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935, trading as Platinum Asset Management (“Platinum”). This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions. Commentary reflects Platinum's views and beliefs at the time of preparation, which are subject to change without notice. Certain information contained in this presentation constitutes "forward-looking statements". Due to various risks and uncertainties, actual events or results, may differ materially from those reflected or contemplated in such forward-looking statements and no undue reliance should be placed on those forward-looking statements. To the extent permitted by law, no liability is accepted by Platinum for any loss or damage as a result of any reliance on this information. All information contained in this podcast is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. The hosts of Fresh Capital are not financial professionals and are not aware of your personal financial circumstances. Any opinions expressed herein are not recommendations or advice. Please consult a licensed financial professional before you invest. For more information visit our website at https://www.freshcapital.media/ Got feedback or suggestions? Send them to freshcapitalpodcast@gmail.com

In this honest and insightful conversation, host Douglas Isles interviews Catherine Robson, Chair @ Scale Investors. Catherine worked as a financial adviser for over 20 years and has won numerous awards including Money Management Adviser of the Year, AFA Female Excellence in Advice and FPA Victorian CFP of the Year. Following the successful trade sale of the financial services business she founded, as Chair of Scale Investors, Catherine is now an active early-stage investor and passionate supporter of female founders.Listen to this conversation to:- Hear Catherine reflect on how her childhood experiences with money served as both a tension and a driver for her in developing a strong entrepreneurial spirit from a young age;- Explore the temporary setbacks that ultimately led to her future successes; - Delve into the catalyst for Catherine’s pivot point in her career – the moment that shaped a new path towards greater financial and career independence and satisfaction. Catherine’s Investing for Life story is an inspiring one, where continuous learning through the first half of her career has helped her to make smart decisions in the longer term. In this way, she has not only found new purpose and clarity, but also empowered those around her as a result. Follow Catherine at: https://www.linkedin.com/in/catherine-robson-200a342a/ Learn more about Scale Investors here: https://scaleinvestors.com.au/Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

Launching the inaugural season of Investing for Life, host Douglas Isles at Platinum Asset Management interviews Jason Pellegrino, MD and CEO at Domain about the most critical career decisions he has made and why. Prior to joining Domain from Google in 2018, Jason worked in several roles spanning Corporate Strategy, Mergers and Acquisitions and Finance at Dakota Capital Partners, LEK Consulting, PepsiCo International and KPMG, leading him to his former position as Google’s Managing Director Australia and New Zealand and member of Google’s Asia-Pacific Regional Leadership Team.Listen to this conversation to:- Gain an insight into Jason’s family life and upbringing;- Be drawn in by the raw and honest recount of the setbacks and career mistakes he has made along the way – and, importantly, how these have shaped the leader he is today; - Learn why he pivoted his career, leaving Google to take up the role at Domain and how he continues to apply past learnings to inform future decisions. Jason’s Investing for Life story will encourage you to keep challenging yourself and learning what motivates you, to help ensure this next stage of your career builds on the experiences of your journey to date. Follow Jason at: https://www.linkedin.com/in/jason-pellegrino-27723b/ Investing for Life is hosted by Douglas Isles, Platinum Asset Management.Disclaimer: Issued by Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.See omnystudio.com/listener for privacy information.

Welcome to the first season of the Investing for Life podcast. In this brief episode, Platinum Asset Management’s Douglas Isles unpacks the thinking behind the podcast, shares his own personal journey and walks you through what to expect from forthcoming episodes.See omnystudio.com/listener for privacy information.

Regulation states that fund managers must not mislead clients. However, subtle nuances around word choice, connotations and links to performance can distort framing. While prescribed scales exist for risk, analysis shows inconsistent application. Gradable adjectives (e.g. strong) can be subjective. Examples like the Beaufort Wind Scale assign words to speeds. Analysis of market data shows the distribution of outcomes. The "Isles Scale" maps asset class returns to pre-defined words for given time periods for the purpose of investment communication. Prescribing universal implementation of this approach would remove a dangerous loophole in the regulation. - Douglas Isles, Platinum Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Active long biased, long short equity is optimal for meeting client goals. It combines equity market beta with absolute return thinking, stock picking skill, and flexible exposure. Market neutral investors forgo desirable long-term beta; long only investors forgo flexibility; behavioural biases risk passive investors panicking in bear markets and locking in losses. Investors should view long biased, long short equity as a core solution, dedicating a meaningful slice of portfolios to this strategy, rather than being constrained by traditional equity/debt buckets. The long-term alignment of the strategy (“means”) with client goals (“end”) is demonstrable and paramount. - Andrew Clifford, Platinum Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

The S&P/ASX200 closed down just one point on Tuesday to 7,332, surrendering the early momentum of more Wall St records. Confidence took a hit today, indicators revealing a growing uncertainty on both sides of the transaction. And yet, aside from Platinum Asset Management (-7.8%) losses were minimal. While in the winners circle, Nearmap rose 15%, and, as Henry Jennings from Marcus Today notes - there's room on the road for iCar Asia (+58%).Our top three VODS today:Jun Bei's six lockdown stocksKyle Macintyre's reporting season watchlistPolyNovo, a buy for all seasons; and Icar Asia, up 50% and still worth a peek under the hood See acast.com/privacy for privacy and opt-out information.

In this WEEKEND WATCHLIST I was joined by Julian McCormack from Platinum Asset Management to discuss China Resources Land SEHK:1109 This is a link to Julian presenting at the ASX Investor Conference 2021 about this company: https://youtu.be/SkYPSTzM71A?t=25565 And here are the funds mentioned in the interview that invest in this companyhttps://www.platinum.com.au/Our-Products/Product-By-Type/ASX-Quoted-Managed-Funds Simply Wall St Summary: "China Resources Land Limited, an investment holding company, invests, develops, manages, and sells properties in the People's Republic of China. It invests in commercial, office, hotel, and apartment properties. As of December 31, 2020, the company had land bank of 68.087 million square meters. It also operates hotels; offers construction, decoration, and other property development related services; and manufactures and sells furniture. The company was incorporated in 1996 and is headquartered in Wanchai, Hong Kong. China Resources Land Limited is a subsidiary of CRH (Land) Limited.” https://simplywall.st/stocks/hk/real-estate/hkg-1109/china-resources-land-shares Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value. Commentary reflects Platinum's views and beliefs at the time of preparation, which are subject to change without notice. This information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions.Shares for Beginners is for information and educational purposes only. It isn't financial advice, and you shouldn't buy or sell any investments based on what you've heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn't replace professional advice regarding your personal financial needs, circumstances or current situation. See acast.com/privacy for privacy and opt-out information.

My guest today: Julian McCormack from Platinum Asset Management  Building wealth is about owning the right to have choice in the future – choices for you and for what's important to you. Investing, or the practice of putting skin in a game where the odds are increasingly stacked in your favour over time, can often invoke emotions in us that we mistakenly thought we've already mastered. When the rubber hits the road and your hard-earned dollars are invested, logically, you want to understand the environment in which your dollars are at play in.This environment is in a constant state of change. So today, let's talk about that - enjoy!Disclaimer: Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935, trading as Platinum Asset Management: Commentary reflects Platinum's views and beliefs at the time of recording, which are subject to change without notice. Certain information contained herein constitutes "forward-looking statements".  Due to various risks and uncertainties, actual events or results, may differ materially and no undue reliance should be placed on those forward-looking statements. To the extent permitted by law, no liability is accepted by Platinum for any loss or damage as a result of any reliance on the information contained herein. Information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions. You should also read the latest relevant product disclosure statement before making any decision to acquire units in any of Platinum's funds, copies are available at www.platinum.com.au_____________________________________________________________The NZ Everyday Investor is brought to you in partnership with Hatch. Hatch, let's you become a shareholder in the world's biggest companies and funds. We're talking about Apple and Zoom, Vanguard and Blackrock.So, if you're listening in right now and have thought about investing in the US share markets, well, Hatch has given us a special offer just for you... they'll give you a $20 NZD top-up when you make an initial deposit into your Hatch account of $100NZD or more. Just go to https://hatch.as/NZEverydayInvestor to grab your top up. __________________________________________________________________Like what you've heard?You can really help with the success of the NZ Everyday Investor by doing the following:1- Follow the NZ Everyday Investor on Clubhouse. This link also serves as an invite to the platform.2- Write a review on Facebook, or your favourite podcast player3- Help support the mission of our show on Patreon by contributing here4- To catch the live episodes, please ensure you have subscribed to us on Youtube: 5- Sign up to our newsletter here6-Tell your friends!NZ Everyday Investor is on a mission to increase financial literacy and make investing more accessible for the everyday person!Please ensure that you act independently from any of the content provided in these episodes - it should not be considered personalised financial advice for you. This means, you should either do your own research taking on board a broad range of opinions, or ideally, consult and engage a financial adviser to provide guidance around your specific goals and objectives.If you would like to enquire around working with Darcy (financial adviser), you can schedule in a free 15 min conversation just click on this link__________________________________________________________________

After a decade of falling inflation and interest rates, investors must now go back to the drawing board as we look to a very different world in prospect. The aftermath of the GFC saw a series of discrete factors which crippled growth: fiscal austerity; EU intransigence; Chinese tightening and reform… then a global trade war and a global pandemic! The world has changed. Yet investors appear anchored to a narrative about growth and inflation that will prove supremely unhelpful as the global economy reopens amid vaccine distribution, sees the effective cessation of the “US-versus everyone” trade war and widespread, colossal, redistributive fiscal policy. Those who cling to yesterday's narrative may forego one of the great trades of recent decades as the world shifts to a “global reopening” narrative and away from that of “secular stagnation”. - Julian McCormack, Platinum Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Here's another Quick Tip from Julian McCormack from Platinum Asset Management.This Quick Tip is in response to a question from a listener who wanted to find out more about investing in an IPO (Initial Public Offering).Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value. Shares for Beginners is for information and educational purposes only. It isn't financial advice, and you shouldn't buy or sell any investments based on what you've heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn't replace professional advice regarding your personal financial needs, circumstances or current situation. See acast.com/privacy for privacy and opt-out information.

John comes back onto Inside The Rope to highlight his views of the market, including the current volatility and headline-grabbing trades such as the Gamestop short squeeze; alongside other areas of the market that John believes could be in, or heading towards bubble territory. He and David also discuss recent market performance and retail inflows into financial markets which John refers to as "Mass Mania", causing valuations of companies to move into areas that would have never been previously forecast creating bubble-like conditions. John has been a financial markets professional since 1999 and is Chief Investment Officer, Founder and co-owner at Bronte. John was Head of Financials at Platinum Asset Management and its youngest partner. After Platinum listed in 2007, John started Bronte Capital in 2009.

Talk Investment with Mark Wenzel speaks to Julian McCormack from Platinum Asset Management. The discussion provides a mix of financial markets history, potential identification of a major turning point in financial markets, the risk of crowded trades, extreme valuation and a discussion on Tesla.   This is a fascinating overview of markets from a contrarian investment group with terrific long term returns.  I feel this is an episode that could change the way you construct your portfolios for the future.   Compound your wisdom! Platinum Disclaimer Platinum Investment Management Limited ABN 25 063 565 006, AFSL 221935, trading as Platinum Asset Management: Commentary reflects Platinum's views and beliefs at the time of recording, which are subject to change without notice. Certain information contained herein constitutes "forward-looking statements".  Due to various risks and uncertainties, actual events or results, may differ materially and no undue reliance should be placed on those forward-looking statements. To the extent permitted by law, no liability is accepted by Platinum for any loss or damage as a result of any reliance on the information contained herein. Information is general in nature and does not take into account your specific needs or circumstances. You should consider your own financial position, objectives and requirements and seek professional financial advice before making any financial decisions. You should also read the latest relevant product disclosure statement before making any decision to acquire units in any of Platinum's funds, copies are available at www.platinum.com.au. Disclaimer Please note the following podcast and information discussed within it are general in nature and don't take into account individual situations, needs or goals. Please do your own research, speak with an adviser or other relevant professional who will be able to make a recommendation based on your specific circumstances. This podcast shouldn't be relied upon as advice – you will need to satisfy yourself through independent means that any decisions based on this material are appropriate. Mark Wenzel is an Authorised Representative and John Hopkins Financial Services Pty Ltd is a Corporate Representative of Sentry Advice Pty Ltd Level 1 190 Stirling Street PERTH WA 6000 ACN:130 288 578 AFSL: 227748      

The Aussie share market is set to open 1.09% lower to 6,631 following a volatile trading session overnight on Wall Street. This volatile session saw the Volatility Index (VIX) surge more than 50% to top $34, its highest level since November.Apple reported its first-quarter earnings report for fiscal 2021, crossing the symbolic $100 billion mark in a single quarter with sales up 21% year-on-year.As expected, the US Fed Reserve made no changes to its monthly bond purchases, keeping the interest rates near zero.What to watch today:The oil price jumped up 0.5% to US$52.85 per barrel. This comes as a massive drawdown in US crude inventories countered persistent concerns about the pandemic continuing to hurt fuel demand. The gold price dropped to a 1-week low following concerns over the US stimulus bill and strength in the dollar after the Fed kept interest rates near zero.Local trading Ideas:Bell Potter has a buy rating on Telecommunication Services company, Uniti Group (ASX:UWL) and has increased its price target by 10% to $2.20. Healthcare equipment and services company, Doctor Care Anywhere (ASX:DOC) is also a Bell Potter buy. DOC closed yesterday at $1.38 and Bell Potter's price target for the stock sits at $1.95. People Infrastructure (ASX:PPE), Vita Group (ASX:VTG) and Platinum Asset Management (ASX:PTM) are all giving off bullish charting signals according to Trading Central.

It's the end of 2020 and where are we? Markets are at all time highs, optimism abounds and the majority opinion seems to be that markets will continue the same way in 2021. But are there dangers ahead? Julian makes the case for caution. See you in 2021 and thanks for listening, Phil.Episode Blog Post: https://www.sharesforbeginners.com/blog/2020Portfolio tracker Sharesight tracks your trades, shows your true performance, and saves you time and money at tax time. Get 4 months free at https://www.sharesight.com/au/sharesforbeginnersDisclosure: The links provided are affiliate links. I will be paid a commission if you use these link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself or where I have interviewed and/or met the founders and have assured myself that they're offering something of value. Shares for Beginners is for information and educational purposes only. It isn't financial advice, and you shouldn't buy or sell any investments based on what you've heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn't replace professional advice regarding your personal financial needs, circumstances or current situation. See acast.com/privacy for privacy and opt-out information.

The future is East – Why Asia will be the growth driver of the global economyIf it was not clear before the pandemic, it is now; Asia is will be a key driver of the global economy for decades to come. Whether it is the booming middle class, including China and India, the resultant changes in consumption patterns or the continued urbanization the trend is not slowing. Yet Asia remains underweight in most investment portfolios and many experts continue to apply developed market experiences into a region that requires greater nuance. Platinum Asset Management were an early mover into Asia, with their specialist Asia Fund established in 2003 offering unique insights into the long-term evolution of the region. In this session, Portfolio Manager Dr Joseph Lai will highlight how the changing economic order is offering great opportunities in Asia at a time when developed countries are facing higher debt levels and lower growth.General Advice Disclosure: This podcast is General Advice only. We have not considered investors personal or individual circumstances. All listeners should seek professional advice before acting on any recommendation.

The ASX200 is eyeing a gain of 0.4% at the open, on track for its fifth straight day of gains.U.S. COVID-19 cases are continuing to rise, up 26% from last week.What to watch today:·       Sydney Airport (ASX:SYD) and Orica (ASX:ORI) report results today.·       Autosports (ASX:ASG), Accent (ASX:AX1), Centuria (ASX:CNI), Kogan (ASX:KGN), Lendlease (ASX:LLS), Platinum (ASX:PTM) and ResMed (ASX:RMD) hold their AGMs today.·       Preliminary retail sales will be released today and are expected to show a rise of 0.3%. If it's higher than expected, you might expect consumer spending socks like JB Hi-Fi (ASX:JBH),·       Harvey Norman (ASX:HVN), Kogan (ASX:KGN) Breville (ASX:BRG), Lovisa (ASX:LOV), Kathmandu (ASX:KMN) and Super Retail Group (ASX:SUL) to do well.Local trading ideas:·       Life360 (ASX:360) was reiterated as a Bell Potter Buy with a $7.70 target, implying 111% upside in a year. Google is now collaborating with Life360, which allows any Google assisted device like phones, smart speakers, Google watches or car devices to tap into the Life360's technology.·       Aus Agricultural Co (ASX:AAC) was upgraded by Bell Potter, increasing its Buy rating and target to $1.40, implying 19% upside in a year. AAC reported stronger than expected earnings which surprised many analysts and its stock jumped 5.7% yesterday. Its cashflow increased and debt reduced.·       Redbubble (ASX:RBL), QuickFee (ASX:QFE) and Shriro Holdings (ASX:SHM) are all showing bullish charting signals according to Trading Central.

Driven by Covid-19, 2020 saw economics 101 meet market psychology:  losing factors of production (labour) impacts real economies; rapid money creation drives (asset) inflation; and, cognitive biases lead to over-extrapolation. “New normal” conversations are being driven by lockdown perspectives. Investors must focus on future earnings paths versus price paid today. While recent events shook markets, nothing invalidates this core belief set. It's not a whole new world. Today, fear and greed set up a rich opportunity set on long and short sides. Investors must embrace a bear market in uncertainty while being wary of a mania in growth stocks and bonds. - Andrew Clifford, Platinum Asset Management. Earn 0.50 CE/CPD hrs on Portfolio Construction Forum

Markets have rebounded strongly from their March lows, despite entering one of the deepest economic downturns in history. But that’s not the whole story. There are two very different markets – a speculative market in ‘growth’ stocks and ‘the rest’. With 30+ years’ investment experience, CEO and CIO, Andrew Clifford from Platinum Asset Management, explains why he believes there is a need for caution.

Markets have rebounded strongly from their March lows, despite entering one of the deepest economic downturns in history. But that's not the whole story. There are two very different markets – a speculative market in ‘growth' stocks and ‘the rest'. With 30+ years' investment experience, CEO and CIO, Andrew Clifford from Platinum Asset Management, explains why he believes there is a need for caution.

Recorded remotely on Tuesday March 31 at 1pm with Julian McCormack, an investment specialist at Platinum. Julian is a contrarian investor who has been saying for over a year that we were reaching the end of a cycle of calm in share markets. As he says, we can't predict what the catalyst will be for a downturn but there will be one eventually. And here we are.Platinum is an Australia-based investment manager that focuses on one asset class – providing portfolios of listed companies from around the world. Platinum seeks out companies whose true worth and prospects are yet to be fully recognised by the market.https://www.platinum.com.au/Episode blog at: https://www.sharesforbeginners.com/blog/platinumSharesight is the best portfolio tracking tool in the known universe - and they are pleased to extend a SPECIAL OFFER to listeners of this podcast: 2 months free on an annual premium plan! Click here and sign up now for a 7 day free trial.Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.Thanks to Christopher Soulos for music production out of Garlic Breath Studio https://www.facebook.com/GarlicBreathStudio. Remember music flows when the money don’t.

Note: This recording was done 2 weeks prior to the worldwide equity markets pulling back and  before the full extent of what Covid-19  has now become, was even known._________________________________________________________Julian McCormack from Platinum Asset Management joins me in this deep dive to talk bubbles and active investing, all with a good dose of economic history.Today's episode requires a clear mind before you start listening - we often try to drop a few life-lines to explain things for those of us who are still learning, but this time you may need to pause, consult Mr Google, and continue listening. Don't  let any of the jargon put you off here - this is a must listen!Some questions we're exploring today:Are we in a bubble?What would it take to 'prick ' this bubble?Some key 'take-aways'?Why should we all invest? Well, we all have a 'right' to partake in the fruits of capitalism. Sometimes you have to fight for your right (not just to party) but to invest - just because it may seem hard, doesn't mean you shouldn't do it.Passive vs active isn't a debate we should have, it's merely two different investment styles we should all be approaching. 'Owning' a slice of the market is fine, but having at least some allocation towards active management seems like a sensible thing to do when the future is as uncertain as it is currently...right?The average return is a lie.Economics - the physics of humanity.Economic shocks and 'bubble avoidance' isn't actually a healthy mindset - often a market shock can be a good thing as an investor and not something to be fearful of...just prepared for.In any area of your life that you're trying to improve on, outside help is helpful. DIY passive investing could be a great strategy for your 'core', but even then, shouldn't you get some advice with that?Shut up and buy cheap stocks - could this be the most profound bits of investment advice you've ever heard?If you want to learn more about the types of funds that Platinum offer, please consult an authorised financial adviser. Hope you've enjoyed this episode - if you have please write a review on your favourite podcast player and share this episode on your various facebook groups!_____________________________________________________________________Where to find Darcy Ungaro:Ungaro &Co (authorised) financial advisersWant to chat, then you can schedule in a free 15 min conversation just click on this linkYou really should subscribe to our newsletter to ensure you are receiving  the latest updates if you're a fan of the show.FacebookInstagramIncreasingly we are publishing more content on YouTube also - please ensure you have subscribed to us on Youtube: 

Practitioners should examine portfolios for slow or no growth equities, priced like bonds, whose attractions may be inundated by a wave of fiscal stimulus.

Douglas Isles, an Investment Specialist at Platinum Asset Management, joins us for a chat on a wide range of topics including: Why fear & greed are the biggest problem in investing. How to think like a private owner, even if you're purchasing shares. Social pressure & loss aversion: the behavioral biases costing you big time in the equities market. What are the long term benefits of holding equities against holding properties? How to recognise when you are holding onto a lemon. How do active managers counter the argument that ETFs win over the long term? Critical investment thinking: would you still buy an investment you currently own today? The importance of listening to your gut when investing. Tune in, it's a great episode. WEBSITE LINKS: Ep 1: Simon Russell, Behavioural ScientistEp 69: Scott Phillips, Motley FoolEp 73: Roger Montgomery, Roger Montgomery Inv MgtEp 83: Balaji Gopal, Vanguard GUEST WEBSITEDouglas Isles - Platinum Asset Management Work with Veronica? info@gooddeeds.com.auWork with Chris? hello@wealthful.com.au Read the transcript:www.theelephantintheroom.com.au/podcasts/084See omnystudio.com/listener for privacy information.

Julian McCormack is from Platinum Asset Management. As a young guy on the road he developed what he called "The Value Investing Contrarian Thing". Julian spoke about this and Platinum’s approach to investment management. They identify and invest in companies they believe to be undervalued. His case study is the German car company BMW. I want you to pay attention to some of the concepts he talks about. There’s Price Earnings Ratio which is one of the basic ways of valuing a company and also book value. This is not a recommendation to run out and buy shares in BMW. This is purely an exercise in valuing a company for you to learn from. There's also a great listener question from McKenzie Battye-Smith.Platinum's website is https://www.platinum.com.au/ Julian's video presentation is available at https://youtu.be/4e6dIWl7sEo?t=1934Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investment based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.

In late December of 2018, I received an email that caught me by surprise. It came from someone I'd never met with an unexpected proposition. The concept was to kick off 2019 with a constructive discussion between the Chief Investment Officers of Platinum Asset Management and Magellan Financial Group. I say ‘unexpected' because the two firms are often viewed as rivals in the Australian funds management industry. In reality, many investors consider the strategies as complementary, and as we learn in the first instalment of a two-part discussion, they even share some common ground on where they are investing. Tune in as we take you inside the minds of Andrew Clifford and Hamish Douglass to explore their investment philosophies and discuss the challenges and opportunities that lie ahead.

Guest: Andrew Clifford, Chief Investment Officer, Platinum Asset Management. Host: James Marlay, co-founder, Livewire Markets. If you'd invested $20k with Platinum Asset Management when the firm opened in 1995 you'd be sitting on around $320k today, a return of ~12.6% per annum*. However, the journey to these returns may have tested your nerves. The active style at Platinum means that periods of exceptional performance are, at times, accompanied by periods underperformance versus the market. Right now, is one of those periods for Andrew Clifford and the team at Platinum. In this exclusive interview, Clifford takes you inside the investment process at Platinum and applies it to the challenges of today's volatile environment.

Complexica's Matt Michalewicz tells Peter Switzer how Arnold Schwarzenegger inspired him, along with his five steps to success, plus legendary fund manager Kerr Neilson talks about founding Platinum Asset Management.

The recently announced CEO and CIO of the $27 billion manager talks about managing money for the past 23 years and how peoples behaviour creates opportunities to profit. Andrew also gives his views on the international investment landscape including China, the USA and Europe.

EON speak to Douglas Isles from Platinum Asset Management on the outlook for global investing in 2018.  Platinum has been a significant contributor to the podcast since the start.  We have been beating the drum about the importance of global investing since the podcast started.  If you acted, you have been rewarded with significant outperformance over the Australian market.   Douglas shares Platinum’s outlook for 2018 including; ·       Where they see opportunities for growth ·       Opportunities in China ·       Greater Asia growth ·       Australian banking sector view (and therefore its importance to the Australian market returns) ·       New ways to access Platinum’s expertise   This is great episode for trustees to fine tune their asset allocation in 2018 to improve results.   Compound your wisdom!

Douglas Isles of Platinum Asset Management and his presentation on the Rising Middle Class in China. Recorded at INVESTING FOR THE TIMES, Melbourne 11 August 2017.

Publisher Philip Macalister introduces Good Returns TV and his first guests on the show, Andrew Bascand from Harbour Asset Management. Bascand says investors should halve their return expectations in an increasingly volatile market; financial adviser Murray Weatherston believes the review of the Financial Advisers Act has been resoundingly a win for the “big end of town”; and Julian McCormack, an investment specialist for Platinum Asset Management in Sydney, tells Philip why a recovery in Europe is creating opportunities for investors.

Starting out a scientist with Johnson and Johnson, German Bianca Ogden is part of an elite group of female portfolio managers in successful Australian equity funds. Thriving in a male dominated environment, this Fund Manager is part of a small group of decision makers managing the sizeable investment at Platinum Asset Management. She may still find it hard to work the room at networking events but she knows her way around pharmaceutical investments. Bianca recommends beginner investors take their lead from a German nun.

  In episode 25 of the EON Financial Group SMSF we are honoured to speak with Douglas Isles from Platinum Asset Management.  Platinum have a rich history of outperformance across international markets.  We seek to learn the secrets of their success and how you can implement these to achieve better results from your fund.  A great episode of learning from the best in the business.  Compound your wisdom!