In this episode of the QAV value investing podcast, Tony and Cam review the impressive US portfolio performance with a rise of 44%, compared to the S&P’s 27%, and compare with the Australian portfolios. They discuss the recent performance of big caps versus small caps, MMS setbacks. Behavioral economics insights from ‘What Works on Wall Street’ by Shaughnessy are explored, focusing on recency bias and overconfidence. They cover Resimac (RMC) CEO’s sudden resignation, financial implications for Australian Clinical Labs (ACL), Stock Doctor data integrity issues with SCL, and delve into Judo Holdings’ (JDO) market position in the ‘Pulled Pork’ segment. Listener questions about SMSF strategies are addressed. The episode closes with After Hours, emotional updates on Tony’s horse racing ventures, tales of Cape Schanck, Dave Grohl’s autobiography, The Room, Brahms Intermezzi, and the joys of old Jackie Chan and Donnie Yen films.
