Log in

goodpods headphones icon

To access all our features

Open the Goodpods app
Close icon
headphones
The Rules of Investing

The Rules of Investing

Livewire Markets

The Rules of Investing is one of Australia’s longest-running business podcasts, providing investors with unparalleled access to the ideas and insights of Australia’s leading fund managers, economists and industry experts. Learn how the industry’s best invest, with the help of Livewire’s team including James Marlay and Chris Conway. Whether you’re new to investing or a seasoned professional, this podcast is for you. New episodes are released every second Friday, available on Livewire Markets, Spotify, Apple Podcasts, and YouTube.
bookmark
Share icon

All episodes

Best episodes

Top 10 The Rules of Investing Episodes

Goodpods has curated a list of the 10 best The Rules of Investing episodes, ranked by the number of listens and likes each episode have garnered from our listeners. If you are listening to The Rules of Investing for the first time, there's no better place to start than with one of these standout episodes. If you are a fan of the show, vote for your favorite The Rules of Investing episode by adding your comments to the episode page.

The Rules of Investing - Ben Griffiths: Markets are at an inflection point
play

05/24/19 • 57 min

Guest: Ben Griffiths, Principal and Portfolio Manager of Eley Griffiths Group. When Isaac Newton first posited that an object in motion would stay in motion unless acted upon, he probably wasn't thinking of stock markets. But hundreds of years later, the same principle has been adapted for investors; or "the trend is your friend" as it's more commonly stated. While this rule of thumb can be pretty handy, there are rare moments in financial markets where everything can turn on a dime, and suddenly that trend doesn't look so friendly. George Soros called these times 'inflection points', and according to Ben Griffiths, Principal and Portfolio Manager at Eley Griffiths Group, we stand at one of these crossroads today. “It is classic exhaustion price action. Bulls aren’t sure if they’re convinced anymore, and bears are in the process of giving up after that strong run-up from December. It’s what markets do best at turning point; they confound the bulls, they trip up the bears, and they generally exhaust investors.” In this week’s episode of The Rules of Investing podcast, Ben explains why the Australian economy could be doing better than it seems, how he knew it was time to start buying shares near the bottom of the GFC, and three simple investing rules that’ve served him well.
bookmark
plus icon
share episode
The Rules of Investing - Montgomery: The economics of enough
play

08/02/19 • 33 min

Guest: Roger Montgomery, Chief Investment Officer, Montgomery Investment Management. Australian house prices and the economy stand at an important crossroads. On the one hand, we have the return of the Liberal-National coalition, the softening of APRA regulations, and rate cuts from the RBA, which all stand to stimulate. On the other hand, we have housing starts down by over 25% over the last year and showing no signs of turning, combined with anaemic retail sales, with the potential to push the economy into a dark place. One rarely discussed dynamic, however, is what Roger Montgomery, Chief Investment Officer at Montgomery Investment Management, calls 'the economics of enough'. “People have borrowed enough, they’ve bought enough stuff, and eventually growth slows, and that’s where you get deleveraging occurring in the economy, where credit growth is slower than economic growth. I think there’s a risk that we’re now in that deleveraging phase.” In this week's episode of The Rules of Investing, Roger shares what "quality" really means to him, some lessons on late cycle investing from Buffett himself, and we discuss two outwardly-similar companies with very different long term prospects.
bookmark
plus icon
share episode
The Rules of Investing - The Rules of Investing: The virus that affects all assets
play

08/31/18 • 50 min

When a young Charlie Jamieson arrived at work in London on September 11th, 2001, little did he know how much that day would affect his views on markets. At the time, he was trading US Dollar bonds from Merrill Lynch’s London office, having just left the New York office three weeks earlier. It was a harrowing time, but it wouldn’t be the last time that he faced a major catastrophe as an investor. Years later, he found himself managing Euro portfolios throughout the GFC and the Euro Crisis. While many investors would remember the equity sell-offs that follow, these crises were often centred around debt markets. But it’s not just times of crisis that rates matter, in the full podcast, Charlie explains why interest rates are the virus that affects all assets.
bookmark
plus icon
share episode
The Rules of Investing - The Rules of Investing: A bright future for growth investing
play

08/17/18 • 40 min

Guest: Nick Griffin, Chief Investment Officer at Munro Partners. For decades, traditional wisdom has held that value investing is the only way to outperform, and with good reason. Until the GFC, value had outperformed growth in all but a few brief periods, and those periods immediately preceded a major bear market. But for nearly a decade now, growth has produced superior returns. While some may argue that zero interest rates and quantitative easing are to blame/thank (depending on your positions), a look at the top 10 companies in the world tells a different story. As the world exited the worst of the GFC, the top 10 companies in the world were all traditional businesses – oil, supermarkets, banks, and telcos. 10 years later, the list is dominated by digital businesses.
bookmark
plus icon
share episode
Paul Moore, founder & CIO of PM Capital, discusses his big picture views, characteristics of investments to own and avoid, examples of current pricing anomalies and one major risk being caused by investor crowding.
bookmark
plus icon
share episode
The Rules of Investing - The Rules of Investing: Feast and Famine with Allan Gray
play

06/29/18 • 32 min

This week's guest is Simon Mawhinney, Chief Investment Officer of Allan Gray. We learn about the ‘feast and famine' nature of contrarian investing, why a long-term approach is essential to success, and then finish with Simon’s contrarian case for Telstra.
bookmark
plus icon
share episode
The Rules of Investing - The Rules of Investing: Peter Cooper’s next big idea
play

04/12/18 • 54 min

Peter Cooper is the founder and Chief Investment Officer of Cooper Investors, one of Australia’s leading boutique investment firms. His success is probably best conveyed by the incredible performance of the CI Brunswick fund, which he manages personally. This fund has outperformed the ASX200 Accumulation Index by a cumulative 537%, or 8.3% p.a. since inception in 2004. In this week’s podcast, we discuss: •Two exciting ‘clusters’ of investment opportunities that have him excited today, including his ‘big idea’ for the next 30 years •The two different types of value (value creators and reversionary value) and why you need to think about them differently •Two ASX small caps floats that he’s participated in over the last year, and why he likes the companies so much •A personal story of some of the philanthropic work that CI have undertaken •Which ASX stock he’d want to own if the market were to close for five years.
bookmark
plus icon
share episode
The Rules of Investing - The Rules of Investing: The Dividend Dilemma
play

03/23/18 • 22 min

Dr Don Hamson from Plato Investment Management discusses some common mistakes that investors make, how to avoid a dividend trap, and heard his views on the suggested changes to dividends.
bookmark
plus icon
share episode
The Rules of Investing - Aitken: Trade wars present ‘tremendous opportunity’
play

06/07/19 • 46 min

Charlie Aitken has a simple investment philosophy: Build a concentrated portfolio of the world's best companies in structural growth sectors. And for this week’s Rules of Investing podcast, I had the rare opportunity to sit down with Charlie for 46 minutes to hear how this translates into practice. While the market grows anxious about the rapidly metastasising trade war, Charlie explained in our discussion how he sees it as a ‘tremendous opportunity’ to grow exposure to world-leading companies, and went on to nominate four such stocks right in the firing line right now. I really enjoyed recording this podcast in which we covered a great deal of other ground, including his transition into funds management, advice to his younger self, and why it’s ‘Australia for income - and global for growth’.
bookmark
plus icon
share episode
The Rules of Investing - How an everyday investor competes with the pros
play

12/23/19 • 46 min

Angie Ellis might not be a 'household name' among investors, but she's racked up quite a track record since she started 8020 Investments about five years ago. See, Angie is a regular entrant to the Fairfax share tipping competition, published in The Age and the Sydney Morning Herald each week. And of the seven times she's entered the competition this year, she's won it five times, and came second twice. This is no fluke either, she's consistently been the top performer over several years. So for my last podcast for 2019 (this was recorded in December), I decided to change up the pace, skip the fund managers, and talk to one of Australia's most successful private investors. We discuss how she transitioned from a part-time to a full-time investor, and how it's affected her portfolio; her strategy for the tipping competition, and how to compares to her personal portfolio; and she discusses some of the companies that have been key to her success.
bookmark
plus icon
share episode

Show more best episodes

Toggle view more icon

FAQ

How many episodes does The Rules of Investing have?

The Rules of Investing currently has 223 episodes available.

What topics does The Rules of Investing cover?

The podcast is about Investing, Podcasts and Business.

What is the most popular episode on The Rules of Investing?

The episode title 'COVID-Crash special with Sam Sicilia and Martin Thompson' is the most popular.

What is the average episode length on The Rules of Investing?

The average episode length on The Rules of Investing is 37 minutes.

How often are episodes of The Rules of Investing released?

Episodes of The Rules of Investing are typically released every 12 days, 9 hours.

When was the first episode of The Rules of Investing?

The first episode of The Rules of Investing was released on Dec 14, 2017.

Show more FAQ

Toggle view more icon

Comments