QAV S01E43 — No Old, Bold Pilots

On this episode: We have our second QAV Club subscriber guest, Paul, a criminal lawyer from Sydney, who calls himself "a disastrous investor".  Paul asked Tony a bunch of great questions about the checklist, including drilling down on why Tony doesn't try to understand a business deeply before he invests in it (like Warren Buffett and Peter Lynch), and about understanding how to factor in shorting. Cameron reads out some quotes from "Winning The Loser’s Game" by Charles D Ellis and gets Tony's comments on them. Our stock deep dive of the week is MRC - Mineral Commodities.