Two months after Liberation Day and the economic indicators suggest the worst is yet to come. From America we're hearing stories of lower container volumes, uncertain business investment and the risk of empty shelves. Yet despite that, the stock market has recovered from its Liberation Day falls. Is it too calm? In today's episode we Lukasz de Pourbaix, Head of Strategic Solutions at Fidelity, to understand how this giant fund manager sees the moment and where we might be going next. —------ Tha...
May 29, 2025•36 min
The government's proposed $3 million Superannuation tax is capturing headlines and sparking fierce debate. In today's episode we break down the proposed changes, why they're controversial and everything you need to know. That's not all we unpack in another big episode of Equity Mates: WiseTech has made its biggest acquisition to date Uranium stocks are ripping BYD continues to outpace Tesla Why Aussie tech stocks reach such crazy valuations —------ Want to get involved in the podcast? Record a v...
May 28, 2025•32 min
In the week after Liberation Day, Bitcoin fell 12% and hit a low of US$75,000. Since then, it has absolutely ripped. The blue-chip cryptocurrency is up more than 45% and last week reached an all-time high of US$110,000. The most volatile ride in finance continues! We unpack what you need to know in another big episode: Sports analytics company Catapult's latest report OpenAI is getting into hardware Matt Ingram returns for Pimp my Portfolio —------ Want to get involved in the podcast? Record a v...
May 25, 2025•35 min
The recent Australian election was a housing election. Both sides had big promises that would've had big impacts on the Australian housing market. Now that Labor has won, we want to understand what it might mean. Today's guest is Sam Gordon, founder of Australian Property Scout. In today's episode we unpack: What Labor promised at this election How these policies will impact house prices The prospect of more rate cuts How Sam advises clients to navigate these changes —------ Thank you to Austral...
May 22, 2025•28 min
One of the best things about hosting this podcast is being exposed to a range of different fund managers and getting to hear their best investment ideas. In today's episode we unpack 6 of the best ideas we've heard recently. That's not all we unpack in another big episode of Equity Mates: The RBA has cut rates, what now? Our thoughts on Airbnb's push into services Government debt is in the headlines in the US and in Australia We share our thoughts on balancing building wealth with enjoying life ...
May 21, 2025•35 min
Aussie Firebug is one of the biggest names in the Australian FIRE (Financial Independence, Retire Early) community. In today's episode of the podcast we catch up with Aussie Firebug, aka Matt, and unpack the past 10 years of his FIRE journey and what has changed along the way. Tune in to hear: Why Matt originally decided to pursue FIRE and his original goals How we managed to save 70% of his after-tax income Why his views on FIRE started to change The investment strategy he pursued to build a $1...
May 19, 2025•34 min
The past few months has seen us run through the full range of emotions: fear, greed, confusion, panic, elation. The important thing is while we've felt those emotions, we haven't acted on them. Instead, we've stayed the course and kept to our long-term investing plan. And with markets now up for the year-so-far, that has been a winning strategy. On today's episode of Equity Mates, we continue our journey - sharing what we're investing in and what we're learning: The US-China trade war de-escalat...
May 18, 2025•36 min
"The mother of all financial crises" - It is a big statement. But today's guest thinks that it is a possibility if the US continues down this path. Today we are joined by Kellie Wood, Head of Fixed Income at Schroders. Together we unpack: How to navigate the current market uncertainty The range of outcomes from the trade war Positioning portfolios to manage risk —------ Thank you to Schroders for sponsoring this episode and helping us keep all of our content free. Find out more about Schroders r...
May 15, 2025•43 min
There will only ever be one Warren Buffett. But two companies are looking to copy the Berkshire Hathaway playbook. In today's episode we run an eye over both companies - Markel Group (NYSE: MKL) and Fairfax Financial Holdings (TSE: FFH) - and consider how they stack up against the original Berkshire. That's not all we unpack in another big episode of Equity Mates: The latest in the US-China trade war Trump's latest focus on pharmaceuticals Update on Bryce's latest stock pick: TransMedics (NASDAQ...
May 14, 2025•35 min
The 60/40 portfolio has been a bedrock of portfolio construction since Harry Markowitz developed it in the 1950s. Today's guest thinks we need to update our thinking. Daniel Kelly is the Chief Investment Officer of Viola Private Wealth. In today's episode we discuss: Navigating this volatile moment in markets Capitalising on market downturns Updated rules of portfolio construction Manager selection and red flags Trends in new funds coming to market Read Daniel's recent paper on Alts here Interes...
May 12, 2025•44 min
One of the biggest questions around AI: will it disrupt Google's dominant search business? Two data points this week - one from Reddit's earnings call and a second from Federal Court - suggest that it may be. As two Alphabet shareholders, we unpack the news in another jam-packed episode of Equity Mates. We also discuss: Warren Buffett's 3 latest stock picks All the trade war news Australian property prices —------ Want to get involved in the podcast? Record a voice note or send us a message —---...
May 11, 2025•33 min
Tony Crescenzi is an Executive Vice President at PIMCO, a multi-trillion dollar fixed income investor. Joining us from New York, Tony shares with us: How Tony sees tariffs impacting markets How, despite the worries, he believes the US market will hit all-time highs next year Why we need to pay attention to the world's changing monetary order Where PIMCO sees opportunity in today's market How retail investors can access fixed income opportunities —------ Thank you to PIMCO for sponsoring this epi...
May 08, 2025•41 min
The US stock market had its longest winning streak since 2004. That was not a sentence we expected to write after the past month in markets. The S&P 500 went higher 9 days in a row. Something it hadn't done for 21 years. Here's hoping you stuck to your long-term investing plan and didn't try and time the market on Trump's tariffs 'will they-won't they', We unpack what it all means and where it could go from here on another big episode of Equity Mates: Earnings season continues in the US and ...
May 07, 2025•39 min
For today's episode of Buy or Sell, Adam Keily is joined by William Mumford, Deputy Portfolio Manager at Auscap Asset Management. Here are some of the names Adam and Will cover in today's episode: Resmed CSL Nick Scali CAR group Seek Reliance Worldwide BHP Rio Tinto Commonwealth Bank HomeCo Daily Needs REIT And if you want to hear more from Adam Keily, make sure you check our Comedian v Economist ( Apple | Spotify ). In Comedian v Economist, Adam is joined by his brother Thomas, a former RBA eco...
May 05, 2025•29 min
The Reserve Bank of Australia next meets on 20 May, but one major Australian bank already believes an interest rate cut is "locked in". Tune in to today's episode to find out which bank and why they think it is so certain. That's not all we unpack in another big episode of Equity Mates: Earnings season continues in the US and Big Tech is delivering Meta beat analyst estimates but there's one number we think they're fudging The latest news on Australian inflation Matt Ingram returns for the lates...
May 04, 2025•34 min
There's opportunity in Aussie smalls. That is the message from today's guest. Will Granger is the Portfolio Manager of the Airlie Small Companies Fund. In today's interview we unpack: Will's investment process and how he separates signal from noise What he thinks will matter long-term from this moment Why he's loving the opportunity set in Aussie small caps at the moment Two stocks that he owns in the fund: GenTrack and Nick Scali —------ Thank you to Airlie Funds Management for sponsoring this ...
May 01, 2025•40 min
It is almost one month to the day that President Trump stood in the Rose Garden of the White House and announced his tariffs. The market fell, the media called it a "bloodbath" and investors panicked. One month on, and things don't look too bad. The Aussie stock market is actually up. We unpack what we've learned in another big episode of Equity Mates . A look around the world at how stock markets have performed Alphabet's first quarter results shot the lights out We debate YouTube v Netflix Bry...
Apr 30, 2025•38 min
The more you understand about the Australian financial system, the more you realise there are plenty of ways that those with means find ways to minimise tax. Today, we're sharing two tax minimisation strategies that the wealthy use to boost their retirement savings. To take us through them we're joined by Dylan Pargiter-Green, financial adviser and Director at Bold Wealth. Even if you're far away from retirement, they're good to know. (And maybe something to share with your parents!) Want more? ...
Apr 28, 2025•35 min
Tesla's first quarter earnings report was a car crash: vehicle deliveries down 13%, revenue down 9% and profit down 71%. Ouch! Yet, despite those numbers, the stock was up 5%. What is going on here? We unpack it all in another big episode of Equity Mates. Why US stocks, bonds and currency are all falling The debate around Australian nuclear energy continues We review some of the worst business advice on TikTok Pimp my Portfolio returns with Matt Ingram from Northhaven Want to speak to Matt or an...
Apr 27, 2025•35 min
The Australian federal election is fast approaching. One of the biggest focus areas for both sides of politics has been housing. With the cost of housing getting further out of reach, we sat down with the Housing Minister Clare O'Neil and the Shadow Housing Minster Michael Sukkar to understand how they are approaching the issue. —------ Want to get involved in the podcast? Record a voice note or send us a message —------ Keep up with the news moving markets with our daily newsletter and p...
Apr 24, 2025•1 hr 13 min
What does Australia's long-term economic future look like? Before Australians head to the polls on 3 May, we sat down with the two men vying to shape the future of Australia's economy: Treasurer Jim Chalmers and Shadow Treasurer Angus Taylor. —------ Want to get involved in the podcast? Record a voice note or send us a message —------ Keep up with the news moving markets with our daily newsletter and podcast ( Apple | Spotify ) —------ Want more Equity Mates? Across books, podcasts, video...
Apr 24, 2025•50 min
“Bad news is an investor’s best friend. It lets you buy a slice of America’s future at a marked-down price” - Warren Buffett When is the right time to buy the dip? That is one of the most common questions we've been getting over the past few weeks. To answer it, we dug into some stock market history to understand what lessons we can learn. Our big takeaway? The stock market doesn't wait. We explain what we mean in today's episode. That's not all we cover in another big episode of Equity Mates: H...
Apr 23, 2025•31 min
Ben Richards is the co-Portfolio Manager of Seneca Small Companies fund. In today's episode we pick his brains on the recent market turmoil and where he's seeing opportunities. We cover: Which parts of the market have been impacted the most by Trump's tariffs Where he is seeing opportunity in the sell-off Ben's list of 'under-the-radar growth plays' How any investor can assess management A playbook for investors to navigate this market Want more from Ben and the team at Seneca? Sign up to Good R...
Apr 21, 2025•34 min
"I’ve found that when the market’s going down and you buy funds wisely, at some point in the future you will be happy." - Peter Lynch The initial panic of Trump's liberation day tariffs have morphed into a slow, gradual slide as companies try to understand what they'll be paying to move products through their supply chains and investors try and work out what that will mean for stock prices. Throughout it all, we're reminded that, in hindsight, these are the moments we wished we'd bought more. In...
Apr 20, 2025•30 min
Hunting for 10-baggers. For many investors, that's what it is all about. Searching for those high-quality compounding companies that can turn each $1 invested into $10. Our guest today has made a career of this pursuit. James Abela, portfolio manager at Fidelity, has a particular focus on small-and-mid cap companies and runs the Fidelity Global Future Leaders Active ETF (ASX: FCAP). In our conversation today, we speak to James about: How small caps have held up in the current market environment ...
Apr 17, 2025•35 min
"Down cycles are not fun. But they form the basis for enormous future profitability” - Steve Schwarzman After a couple of wild weeks in markets, this week has been a little calmer. The Trump administration has turned its focus to other priorities as the world holds its breathe during the 90-day tariff pause. That is, aside from China, who are pulling out all stops to get the upper hand in this trade war. In today's episode we unpack: How China is using TikTok as a tool in the trade war Meta gets...
Apr 16, 2025•31 min
For today's episode of Buy or Sell, Adam Keily is joined by Nick Guidera, Portfolio Manager at Eley Griffiths Group. Here are some of the names Adam and Nick cover in today's episode: Temple & Webster (TPW) Mesoblast (MSB) Australian Finance Group (AFG) Iperionx (IPX) Genesis Minerals (GMD) DroneShield (DRO) Auckland International Airport (AIA) Nuix (NXL) Generational Development Group (GDG) Macquarie Technology Group (MAQ) And if you want to hear more from Adam Keily, make sure you check ou...
Apr 14, 2025•38 min
“The key to making money in stocks is to not get scared out of them” - Peter Lynch It can feel like a scary time in markets, but we're here to tell you: don't let that fear cause you to deviate from your plan. In today's episode we cover the news and how we've been investing. How the Nasdaq had one of its best days ever on Wednesday What we've been buying Mr. Beat-Up joins to chat one beaten down stock We answer a question on 'lump sum v DCA' at a time like this —------ Want to get involved in t...
Apr 13, 2025•33 min
The world of commercial real estate has been a world of divergent fortunes in the past 5 years. On one hand, office buildings have struggled in a COVID-adjusted, work-from-home world. Meanwhile, all of us spending more time at home has been a boon for eCommerce and the logistics warehouses that support it. One company at the centre of it all has been Centuria, one of Australia's largest commercial real estate investors. Today, we speak to the cofounder and Joint-CEO of Centuria, Jason Huljich, a...
Apr 10, 2025•40 min
"You make most of your money in a bear market. You just don't know it at the time." - Shelby Davis The global stock market sell off continues. The US market (measured by the S&P 500) has entered a bear market (down more than 20%) and in Australia we're down 14%. So what's an investor to do? In this episode we share our answer to that question: What's happening in global markets The risk of selling once the market has crashed How we're approaching this buying opportunity —------ Want to get i...
Apr 09, 2025•31 min
