Xero Limited is a software-as-a-service company. It operates a global small business platform which includes a core accounting solution, payroll, workforce management, expenses, and projects. Its segments include Australia and New Zealand (ANZ), and International. It also has an ecosystem of connected apps and connections to banks and other financial institutions helping small businesses access a range of solutions from within its open platform to help them run their business and manage their...

In this episode I sat down with John Addis, founder of Intelligent Investor and author of How Not to Lose a Million Dollars Win At Investing By Losing Less. John’s made his fair share of mistakes—and that’s precisely why his insights are so valuable. “Failure is really the way that you become successful.” John’s journey into finance wasn’t exactly a straight line. Coming from a background in advertising, he eventually found himself running a value investing research house and learning...

Aspen Group Limited is an Australia-based provider of accommodation in residential communities, retirement villages and holiday parks. It is engaged in owning, operating and developing accommodation properties. Its Residential segment consists of dwellings that are typically located in metropolitan areas, have no age restrictions for tenants, and offer 6-12-month fixed-term leases. Its Lifestyle Communities segment consists of communities that cater to tenants who are typically over 50 years...

It's been a lurid year on the ASX200 with scandals rocking many of Australia's top companies. I’m joined by Rachel Waterhouse, CEO of the Australian Shareholders' Association, to dig into ethical leadership and what it really means for companies, their shareholders, and ultimately, for your investments. Membership of the association is an absolute bargain at $149 per year. Join up now and enjoy the benefits and learn with like-minded investors. Blog post available at:...

AUB Group Limited is a retail and wholesale insurance broker and underwriting agency. Its segments include Australian Broking, Agencies, New Zealand Broking, International, and Support Services. Australian Broking and New Zealand Broking businesses provide insurance broking and advisory services primarily to small to medium-sized enterprise clients. The division encompasses broking businesses, complemented by capabilities in member services, life insurance broking, and claims management....

In the latest episode, I sit down with Richard Hemming from Under the Radar Report to navigate the high-potential but risky world of small cap stocks. If you’re excited about finding under-the-radar companies with big growth potential, this episode is for you! Richard is all about small caps and highlights the huge opportunities these overlooked stocks can offer. With few analysts covering them, small caps let investors uncover hidden gems that bigger players might miss. Blog post available...

Resolute Mining Ltd is an Australia-based gold miner, developer, and explorer company. The Company owns two producing gold mines: the Syama Gold Mine in Mile (Syama) and the Mako Gold Mine in Senegal (Mako). The Syama is located in the southwest of Mali, approximately 30 kilometers (km) from the Cote d’Ivoire border and 300 km southeast of the capital Bamako. Syama Gold Mine is a large-scale operation, comprising the established Syama Underground Mine, the Tabakoroni Complex and the 3.5 Moz...

In this episode I chat with Andrew Brown from East72 Holdings to debunk some financial metrics. We look at discounted cash flow (DCF) valuations, a metric often authoritatively trumpeted by analysts. Andrew argues that DCF is useless for valuing most companies: it's based on unfounded assumptions and crystal-balling and can be manipulated to fit any narrative. Then there's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). Andrew agrees with Charlie Munger's assessment...

Please note: this episode was recorded before the sudden resignation of Richard White Director and CEO of Wisetech. Hopefully the numbers remain the same and the market seemed to approve of the move of Richard into a consultancy role. We hope you still enjoy this episode. WiseTech Global Limited is a developer and provider of software solutions to the logistics execution industry globally. The Company develops, sells, and implements software solutions which enable logistics service providers...

In this episode I'm joined by Elio D'Amato from Stockopedia to unravel the mysteries of investing and ask the fundamental questions: What is a stock market? Why does it exist? And how can you, as an investor, navigate its complexities? The stock market is not just a place where stocks are traded; it serves a crucial role in raising capital for companies. We break down the concepts of primary and secondary markets, The primary market is where companies initially raise funds. Once listed, these...

Redox Limited is a global chemical, ingredient and raw material distributor focused on specialty and commodity products. The Company is focused on a variety of markets, including food and beverage, personal care, human health, animal health and nutrition, crop production and protection, detergents, water treatment, surface coatings, plastics and foam, rubber, mining, oil and gas, metals, building and construction, textile and leather, and lubricants. In the food and beverage market, it...

In our latest podcast episode, we are joined by Lelde Smits from The Stock Network. Lel is an expert in financial literacy and investor relations. Together, we delve into the intricacies of company announcements and their profound influence on investor decisions. Lelde is a former Wall Street journalist who sees the importance of company announcements beyond their role of legal compliance. She describes them as "equity narratives," a storytelling medium that offers investors a deeper insight...

GQG Partners Inc. is a global boutique asset management firm with a focus on active equity portfolios. The Company's subsidiary is GQG Partners LLC (GQG LLC). GQG LLC is an investment adviser, which provides investment advisory and asset management services to investment funds; separately managed accounts for United States and non-United States investors; mutual funds, and other structures, including pooled investment vehicles. Shares for Beginners and Stockopedia proudly present "Weekend...

Spring 2024 Classic Episode - Phil desperately needs a break and hopes that you enjoy the lessons in this repeat episode. I've been thinking a lot lately about how little I know about the metrics that investors use to value companies. This week Craig Mercer joined me again to discuss Return on Equity or ROE. But like all the best metrics, they become more complicated the more you dig into them. The warning for beginners is to not take a metric on face value. Craig Mercer is the Chief Research...

Spring 2024 Classic Episode - Phil desperately needs a break and hopes that you enjoy the lessons in this repeat episode. What’s wrong with helping rich folk get richer? It just didn't make Shawn O'Malley feel good about himself. After a brief Wall Street adjacent career, Shawn made a terrible YouTube video, and ended up as the chief editor and creator of the popular We Study Markets newsletter, He now educates and informs readers in bite size chunks on a daily basis. We Study Markets is part...

Spring 2024 Classic Episode - Phil desperately needs a break and hopes that you enjoy the lessons in this repeat episode. There's plenty of great lessons in this interview & much more in the book. There's a lot to avoid but as Michael says: "Don't be discouraged by all the negative arguments I'm putting forth. I don't believe you need to become a champion to become a really good investor. Market returns are fantastic returns as long as you achieve them. Don't try and shoot for the stars...

Spring 2024 Classic - Phil desperately needs a break and hopes that you enjoy the lessons in this repeat episode. This episode was recorded during the market downturn of June 2022. Oh, you don't remember? It's a look at market bloodbaths, the impact it's having on portfolios and investor psychology, and the importance of a strong balance sheet when choosing companies to invest in.  Here's a link to the blog post: https://www.sharesforbeginners.com/blog/page22 Portfolio tracker Sharesight...

Spring 2024 Classic - Phil desperately needs a break and hopes that you enjoy the lessons in this repeat episode. In a market rife with complexity and unpredictability, how do you carve out a path to consistent profitability by managing risk and securing gains? Fadi Diab, is known as The Gladiator on X (FKA Twitter). He's a seasoned microcap investor who's mastered the art of risk management over profit-chasing. Fadi shares his journey from a beginner who blew up his account twice to a savvy...

Pro Medicus Limited is an Australia-based healthcare informatics company. The Company provides a full range of medical imaging software and services to hospitals, imaging centers and health care groups in Australia, North America and Europe. Its products include Visage RIS, Visage RIS/PACS, Visage 7, Visage Ease Pro and Visage Ease. Its Visage RIS is a radiology information systems (RIS) medical software for practicing of management, training, installation and professional services. Visage...

In this episode we go Beyond the Core with Vince Scully chief Sherpa at Life Sherpa. We explore the core satellite approach to investment, a strategy designed to balance stability and growth in your portfolio. This method involves maintaining a core of low-cost, largely indexed funds while allowing for smaller, more dynamic investments—the satellites—that can capture emerging trends and opportunities. Blog post available at:...

The a2 Milk Company Limited is a New Zealand-based company engaged in the sale of branded products in targeted markets made with milk naturally containing the A2-type protein. The Company operates through four segments: Australia and New Zealand, China and Other Asia, USA and Mataura Valley Milk. The Australia and New Zealand segment includes the sale of infant formula, milk and other dairy products, along with royalty, license fees and rental income. The China and Other Asia segment includes...

Peter Goldstein is the founder of Exchange Listing, LLC and Emmis Capital. With nearly four decades of entrepreneurial experience, Peter offers a wealth of knowledge on the journey companies take from private ownership to public trading on esteemed exchanges like Nasdaq and the New York Stock Exchange. Here's a link to the blog post: https://www.sharesforbeginners.com/blog/emmis-goldstein Portfolio tracker Sharesight records your trades, shows your true performance, and saves you time and...

Aurizon Holdings Limited is an Australia-based rail freight operator. The Company’s segments include Network, Coal and Bulk. The Network segment manages the provision of access to the CQCN rail infrastructure and operation and maintenance of the network. The Coal segment provides transport of metallurgical and thermal coal from mines in Queensland and New South Wales to domestic customers and coal export terminals. The Bulk segment provides integrated supply chain services, including rail and...

In this episode I had the pleasure of welcoming Prashant Mohan, Chief Marketing Officer of Sharesight, to discuss the importance of tracking your investments and optimizing your portfolio. Prashant's journey began as a software developer, eventually leading him to roles at Google and Westpac before diving into the fintech space. His experience at Google, a company known for its data-driven approach, taught him the importance of prioritizing and analyzing data for business decision-making....