In this mini-series Pete and Steve review a range of popular investment strategies to see what investors can learn, and how you can fashion an approach to suit your own circumstances, preferences, and personality. This week, a look at the 52-week formula, a systematic strategy for stock picking to overcome the tendency towards reactionary ‘System 1’ thinking. Can a simple formula really beat the market? What quality filters need to be used to avoid picking duds? Resources: The 52 Week Low...

In this mini-series Pete and Steve review a range of popular investment strategies to see what investors can learn, and how you can fashion an approach to suit your own circumstances, preferences, and personality. This week, a look at the famous Dogs of the Dow strategy, coined by Michael O’Higgins. A simple strategy for beating the market, can this strategy still be replicated today? And how about for Australian investors? Resources: O'Higgins Asset Management, Inc. (ohiggins.com) Dogs...

In this mini-series Pete and Steve review a range of popular investment strategies to see what investors can learn, and how you can fashion an approach to suit your own circumstances, preferences, and personality. This week, a look at Harry Browne’s Permanent Portfolio: stocks, gold, bonds, and cash. How well has the simple strategy performed over the past few decades, and with what level of volatility? Resources Fail Safe Investing (Lifelong Financial Security in 30 minutes) – Harry...

In this mini-series Pete and Steve review a range of popular investment strategies to see what investors can learn, and how you can fashion an approach to suit your own circumstances, preferences, and personality. This week, a look at David Dreman’s Contrarian Investment Strategies, buying stocks on low valuations to beat the market. Resources: David Dreman – Contrarian Investment Strategies: The Next Generation David Dreman – Contrarian Investment Strategies: The Psychological Edge Validea...

This week Pete and Steve discuss 2021, the year in review. They consider their 8 timeless investment principles, and how to apply these in 2022. Thanks for listening! Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence. www.gonextlevelwealth.com.au/podcast Pete Wargent www.petewargent.com/ www.linkedin.com/in/pete-wargent-37228322/ Stephen Moriarty twitter.com/SGM63

In this 2-part episode Pete and Steve talk to Tim Staermose, the Global Value Hunter. Tim grew up and has lived all over the world, and is a man who thinks differently from the herd. Today he runs the African Lions Fund, investing in frontier markets, finding wonderful companies for a bargain price which will compound for the long term. Learn how and why Tim invests for value, and how he applies the same principles across his whole life, to invest for time and money freedom. For more...

In this 2-part episode Pete and Steve talk to Tim Staermose, the Global Value Hunter. Tim grew up and has lived all over the world, and is a man who thinks differently from the herd. Today he runs the African Lions Fund, investing in frontier markets, finding wonderful companies for a bargain price which will compound for the long term. Learn how and why Tim invests for value, and how he applies the same principles across his whole life, to invest for time and money freedom. For more...

In this episode Pete and Steve discuss their worst ever investments, and the decision processes that led to their downfall. Perhaps unsurprisingly, the 8 timeless principles of investing were not followed when making these investments! Tune in to hear the details of how both Pete and Steve lost thousands before adopting and fine-tuning a systematic approach to investment, based upon solid principles. Book references: Memoirs of a Fruitcake, by Chris Evans Thanks for...

In this week's episode, Pete and Steve recap on some of the most valuable lessons learned so far from their recent interviews with investment experts, drawn from a range of different fields. Thanks for listening! Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence. www.gonextlevelwealth.com.au/podcast Pete Wargent www.petewargent.com/ www.linkedin.com/in/pete-wargent-37228322/ Stephen Moriarty twitter.com/SGM63

In this episode Steve and Pete speak to Gareth Brown of Forager Funds. They discuss: -Gareth's background and how Gareth came to be in the funds management industry -some of Gareth's best - and worst - investment decisions on his journey -the problems with the traditional 'value investor' label -investing in companies before they are profitable -the investment style at Forager -how to find discrepancies between price and value -errors of omission versus errors of commission Further...

This week Pete and Steve speak to Alan Edmunds, a Sydney-based expert in investing in Australia small caps. Listen as Alan discusses: -Why your own personal life situation impacts your ability to invest in small caps (e.g. do you have a mortgage? relationship status? family commitments?). Understand where you are in your own life first -How to work out your own best method for investing to suit your own personality -Which sectors he looks in for high growth opportunities, and how to get...

This week Pete and Steve meet self-managed superannuation expert Liam Shorte. They discuss with Liam: -what is the purpose of superannuation in Australia? -is self-managing super for everyone? -how much do you need to self-manage your super? -what does it cost to set up a self-managed super fund? -how much is enough to retire? -should you invest in property, stocks, bonds, gold, art, or other asset classes? -how active do you need to be? -what are the biggest mistakes people make when...

In this episode Pete and Steve chat to Peter Simpson-Morgan, legendary Australian fund manager at Perpetual and 452 Capital. Peter was known for his 'Peter Lynch' style of investing and in this extended episode generously shares his insight on how he manages his own money today, and much more . Books referenced - One up on Wall Street: How to use what you already know to make money in the market - Peter Lynch Thanks for listening! Download a free copy of our latest book, Total Money...

In this episode we chat with Con Mickalakis, Chief Investment Officer of Statewide Super. We talk about our 8 timeless principles of investing with Con and if and how he thinks about them in his job. We also discuss the issues surrounding the management of large amounts of money and what he thinks about the economy and what we could potentially over the next 10 years in terms of asset returns. You can contact Con further at: Email: [email protected] Twitter: ...

Welcome to our new mini-series where we interview expert investors across different asset classes from around the traps. In this episode, Pete and Steve discuss investing in gold with Jordan Eliseo from the Perth Mint. Jordan works as the Manager – Listed Products and Investment Research for The Perth Mint, and has 25 years industry experience spanning funds management, superannuation and of course precious metals. He has also been an investor in gold since the early 2000s. He is an author...

In the final episode of this mini-series, Pete and Steve discuss their final picks in their top 10 investment books of all time. Steve chooses: Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett the World's Most Famous Investor by Mary Buffett and David Clarke Pete chooses: The Intelligent Investor: The Definitive Book On Value Investing by Ben Graham (revised edition with foreword by Warren Buffett and commentary by Jason Zweig) All of the books in this...

In this episode Pete and Steve discuss their next two selections in their Top 10 Investment Books. Steve chooses Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by William Poundstone. And Pete chooses Antifragile by Nassim Nicholas Taleb. Thanks for listening! Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial...

In this episode Pete and Steve choose the next two books in their top 10 investment books. This week their selections are: 1. Michael Mauboussin - The Success Equation - Untangling Skill and Luck in Business, Sports, and Investing 2. Pete Wargent and Steve Moriarty - Low Rates High Returns - Timeless Investment Principles the Low Risk Way Other books referenced: Bill Bryson - A Short History of Nearly Everything Thanks for listening! Download a free copy of our latest book, Total Money...

Following on from last week, Pete and Steve chat about two books they think offer investors some insights into wealth building and investing in general. The books actually compliment each other even though they address different aspects of wealth building and investing. The books are: 1. "Bull" by Maggie Mahar - a detailed exposition of the 1982-2003 bull market in the United States. 2. The Psychology of Money by Morgan Housel - a broad ranging set of short essays on many of the aspects of...

In this episode Pete and Steve nominate two of their favourite ever books on investing. Books referenced: - Robert J. Shiller - Irrational Exuberance - Robert G.Hagstrom - The Warren Buffett Portfolio: mastering the power of the focus investing strategy - Stephen Jay Gould: Full House: The Spread of Excellence from Plato to Darwin Thanks for listening! Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial...

In our new series The Ten Best Books, over the coming weeks we are going to discuss those books which Steve and I believe can assist investors to make better investment decisions. Out of all the books we have read, we believe these ten are special. Whether they focus on theory or practical aspects of investing, we think they can provide an investor with a core investment philosophy and importantly investment principles to live by. Thanks for listening! Download a free copy of our latest...

We hope you have enjoyed the 4 F's as a detour from our usual finance topics. But both Pete and Steve understand that while finance is critical, it is important to place it in context to our whole life. We believe wealth building is important but needs to be a part of a wider goal of living a rich life. In this final episode we apply the 8 characteristics to finance and discuss where it fits in with the other F's - fun, fitness and filosophy. In the next series, Pete and Steve will be...

In this episode Pete and Steve discuss the 3rd of the 4 F's - fun. They discuss various aspects of fun like - Should it be planned? Can you have fun by yourself? What role does personality play in determining what fun is for you as an individual? Join Pete and Steve as they discuss the 4 F's characteristics and what it means for fun. Thanks for listening! Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial...

In this episode on Fitness, Pete and Steve discuss how each of the 4 F's characteristics can help you maintain a healthy physical and mental lifestyle. As Pete and Steve often discuss, when it comes to finance you don't want to overdo it and the same principle applies to fitness. You need to consider a health and eating plan based on your personality type and lifestyle and be prepared to adapt your program to your ever changing lifestyle. Thanks for listening! Download a free copy of our...