Australian Investors Podcast

In May 2026, Jerome Powell's tenure as chair of the US Federal Reserve comes to an end. His replacement is Kevin Warsh — a former Fed governor and Donald Trump's hand-picked choice to lead the world's most powerful central bank. The appointment has been anything but quiet, arriving against a backdrop of sustained political pressure from the Trump administration, public attacks on Powell, and a criminal investigation into cost overruns at the Fed building. But beyond the politics, what does the leadership change actually mean for US monetary policy, for inflation, and critically, for Australian investors and retirees? To break it all down, Mitchell is joined by Kris Bernie, portfolio manager at fixed income specialist Kapstream Capital. Kris is responsible for macroeconomic research, asset allocation, and interest rate and foreign exchange trading — which means he watches the Federal Reserve more closely than most. What you'll learn in this episode - Why the Fed chair matters to Australians — from equity markets and the Aussie dollar to term deposit rates - Who Kevin Warsh is and why Trump picked him - How Warsh's inflation-focused philosophy differs from Powell's dual-mandate approach - The political pressure Warsh is likely to face — and its limits - Why he's still just one vote of twelve on the FOMC - The difficult environment he's inheriting: sticky inflation, a bloated Fed balance sheet, and stagflation risk - What happens to Australia if the US consumer runs out of steam Topics covered - Why the Fed chair matters to Australian investors and retirees - Who is Kevin Warsh, and why did Trump pick him? - How Warsh's philosophy differs from Powell's - Rules-based vs discretionary monetary policy, and what the Taylor Rule actually means - How much influence can Trump realistically exert over the Fed? - The stagflation risk: tariffs, oil prices, and second-round inflation effects - The US consumer: how tapped out are they, really? - Australia's idiosyncratic inflation problem and the RBA outlook - How Kapstream is positioning across credit spread duration and rates duration - Can AI productivity gains actually move the dial on inflation? - Kapstream's listed ASX products, including XCAP Episode Resources Kapstream Website Speak with the Rask Advice team Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Have the chance to win a 5k travel voucher. Take the TermPlus survey here (last entry 31st of May) Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg KAPTREAM DISCLAIMER: This is general information only and does not take into account your personal objectives, financial situation or needs. Before acting on the information, consider its appropriateness to your circumstances and read the Product Disclosure Statement (PDS) and target market determination (TMD) on our website. Fidante Partners Limited ABN 94 002 835 592 AFSL 234668 is the responsible entity and issuer of interests in the Kapstream Absolute Return Income Fund and the Kapstream Absolute Return Income Active ETF. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this 2 Sense episode of the Australian Investors Podcast, Owen Rask and Drew Meredith move from practical investing questions to the bigger forces shaping portfolios right now. They settle the active ETF vs managed fund debate, run through the latest from Intel, Netflix and JP Morgan, pick the sectors they reckon will shine over the next decade — and ask the big one: could Warren Buffett have pulled it off if he'd grown up in Australia? Topics covered Active ETFs vs managed funds Intel, Netflix and JP Morgan Budget tax chatter and policy risk The best ASX sectors for the next 10 years Would Buffett have succeeded in Australia? Resources for this episode Speak with the Rask Advice team Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Have the chance to win a 5k travel voucher. Take the TermPlus survey here (last entry 31st of May) Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

This episode was originally featured on The Australian Finance Podcast. In this Australian Investors Podcast episode, your host Owen Rask is joined by Brian Parker, Chief Economist of Australian Retirement Trust (ART), to discuss how ART thinks about runway, portfolio construction, private markets and when volatility becomes opportunity. They cover: - What a chief economist actually does and how ART turns research into portfolio action. - How “super money” is different: time horizon, tax wrapper and the power of compounding. - Geopolitics, inflation and how ART assesses signals in a multipolar world. - AI — threat vs opportunity, productivity wins, and policy implications for workers. - Why private assets and inflation-linked income matter in portfolio construction. - What does a Chief Economist do? - How super funds invest differently (decades, not months) - Why market volatility = opportunity - The impact of geopolitics (Ukraine, Middle East, trade tensions) - Inflation vs deflation: what’s really happening - How AI could reshape the global economy - Why diversification is the “only free lunch” - The role of private assets (infrastructure, property, private equity) - Why super funds can access investments you can’t - Real returns: why inflation matters for your future - How to think long-term about your super Resources for this episode Learn more about Australian Retirement Trust ⁠here Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Speak with the Rask Advice team Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Have the chance to win a 5k travel voucher. Take the TermPlus survey here (last entry 31st of May) Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode of Australian Investors Podcast, Drew Meredith and Owen Raszkiewicz name four of the worst ASX 200 stocks from the past five years, Zip Co (ASX: ZIP), Nuix (ASX: NXL), Dubber (ASX: DUB) and EML Payments (ASX: EML), and explain the warning signs investors should have spotted earlier. They also unpack the Nasdaq's 11-session winning streak, Betashares ATEC inflows, the Magellan and Barrenjoey merger, and listener questions on David Gardner, flop stocks and the long-term impact of Australia's ageing population on super. Watch on YouTube AFR: Magellan’s merger with Barrenjoey Australian Investors Podcast on Rask Media Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more DISCLAIMERThis podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group Pty Ltd is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

2025 was a record-breaking year for Emerging Markets, seeing the largest capital inflows in over a decade. But is this a short-term flight from the US dollar, or the beginning of a structural "EM Supercycle"? In this episode, we sit down with Malcolm Dorson (Senior PM & Head of EM Strategy) and Billy Leung (Equity Research Analyst) from Global X to dissect the two engines of global growth: India and China. We explore why the "uninvestable" tag is fading from China, how India is carving a unique path through its landmark 2026 Free Trade Agreement with Europe, and why a 1% drop in the US dollar could be the most important signal for your portfolio. In this episode we cover: The Great EM Rotation The "February Surge": Breaking down why we just saw the largest inflows into EM in 11 years. Is it "choice" or a "flight from the US"? Early Innings: Exploring Global X’s thesis on whether we are at the start of a multi-year Emerging Market cycle. The 3.1% Rule: The Dollar & EM The Inverse Relationship: Understanding the mechanics of why EM equities historically rise 3.1% for every 1% drop in the US dollar. Currency Risk: How to manage FX volatility when investing in volatile regions. China: From "Uninvestable" to Rebirth The Sentiment Shift: Looking back at the regulatory hurdles of previous years and what has changed to bring institutional capital back to Beijing. AI & Tech: How China’s push for "tech self-reliance" and the rise of local LLMs (like the DeepSeek breakthrough in early 2026) are changing the narrative. India: The World’s New Growth Engine The India-EU FTA: The implications of the "Mother of All Deals" signed in January 2026 and how it positions India as the premier "China Plus One" beneficiary. Demographics vs. Policy: Is India simply where China was 20 years ago, or is the "market-friendly" democratic framework a fundamentally different catalyst? The AI Arms Race - Tailwinds vs. Headwinds: Does India’s services-heavy economy have a natural advantage in AI implementation, or does China’s manufacturing scale give it the edge in hardware? Portfolio Construction & Strategy - Active vs. Passive: Why broad index tracking might be dangerous in EMs and where to apply "quality" filters. - The $100k Challenge: A hypothetical breakdown of how to allocate $100,000 across the EM landscape today. Resources for this episode Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Raszkiewicz and Drew Meredith discuss why Owen's most overrated ASX share is CSL Limited (ASX: CSL) and reveal the names of the 1 stock they would own for 20 years. - Owen's most overrated stock: why CSL no longer deserves a super rich valuation on the ASX.-NextDC's $1b hybrid deal: The massive capital raise with Canada's La Caisse and what it means for the data centre giant (ASX: NXT). - Guzman y Gomez (ASX: GYG) rockets: Breaking down the fast food chain's 18.6% surge following a strong Q3 update. - Private credit risks: Lessons from the failure of Infinity Pharmacy and what it means for Wesfarmers and Priceline. - Macro updates: The Iran situation, Strait of Hormuz, and NASA heading back to the moon. Listener Q&A: - Investing without researching (the PDS trap). - A beginner's crash course on 'points' and 'bips' (basis points). -The crazy uncle hypothetical: Where to invest a $250k inheritance in a single ASX stock. -Addressing the Magellan Financial Group Ltd (ASX: MFG) and Barrenjoey deal concerns. Resources: - Rask Financial Planning - Get Owen to invest for you - Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

How does a "boring" electrical engineering firm from Texas become one of the best-performing stocks on the NASDAQ? In this episode, we sit down with Tobias Bucks from Ausbil to dissect Powell Industries (NASDAQ: POWL). While the stock's recent vertical climb has caught the market's attention, the reality is that Powell is an overnight success story 79 years in the making. Beyond the stock pitch, Tobias opens up his investment playbook, sharing how his background in anthropology shapes the way he asks questions, uncovers "unrecognised growth," and identifies workplace cultures that the market has failed to imagine. In This Episode, You’ll Learn: The art of the question Tobias explains why "markets are efficient but have no imagination." We start with his unique process for analysing companies, a process Tobias and his co-portfolio manager Simon Wood have honed over decades. – A question about questions: How an academic background in human behavior helps in vetting management culture and asking better questions. – The filter: The specific set of questions Tobias and his team use to find "unrecognised growth." – Beyond the spreadsheet: Why the most important data points often aren't found in a terminal, but in the gap between a company's narrative and its execution. Powell Industries: The 79-Year evolution We trace the history of Powell, founded in 1947, and how its deeply-ingrained culture survived decades of family leadership to meet the modern moment. – The Product: From custom switchgear to complex integrated power solutions. – The Pivot: How their customer base shifted from a heavy reliance on the Texas oil and gas cycle to becoming a mission-critical provider for data centers and the electrical grid. – The Order Book: Why customers are now "falling over themselves" for Powell’s products and what that means for future earnings. The investment case: Growth the market missed Tobias walks us through the lifecycle of the investment: – The Ideation: When did Powell first hit the Ausbil radar, and what were the "must-answer" questions before building a position? – Testing the Narrative: Is Powell just an "AI spend" beneficiary, or is this a structural shift in global infrastructure? – Managing Risk: Discussing the cyclical nature of their industry and how to know when it’s time to exit. – The "Watchlist" Strategy: Under what conditions would Tobias sell out and then re-enter a position? Resources for this episode Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Rask and Drew Meredith are back for 2 Sense. Invest with Owen: https://bit.ly/R-invest Rask financial planning: https://bit.ly/R-plan TOPICS COVERED: – Buying falling stocks vs chasing winners – Designing the perfect ASX ETF – Xero’s AI deal with Anthropic and what it means – CSL, inflation risks, and market concentration concerns Listener Questions Answered 🧾 Investment bonds for kids (The Frugal Farmer) 🏠 SMSF + property advice (Deer in the Headlights) 💰 LICs vs ETFs (AFICionado) Resources for This Episode Learn more about portfolio strategy & investing: – https://www.rask.com.au/rask-invest – https://www.rask.com.au/education – https://www.rask.com.au/investing-guides ~~ Rask Resources ~~ Explore all Rask services – https://bit.ly/R-services Get Financial Planning – https://bit.ly/R-plan Start investing with Rask – https://bit.ly/R-invest Access Show Notes – https://bit.ly/R-notes Ask a question – just select the Investors Podcast – https://bit.ly/R-quest Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg #Investing #Finance #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Owen Rask and Billy Leung from Global X throw down the challenge to build two themed $100,000 ETF portfolios — one focused on AI infrastructure and the other on value investing — discussing long-term strategy, mistakes, lessons and the future of markets. In this Australian Investors Podcast episode, your hosts discuss:– The one investment Billy held the longest (and what it taught him)– The most expensive mistake we’ve made as investors– Two $100,000 themed ETF portfolios with a 5-year total return goal– AI infrastructure vs value investing — which wins? If you love learning about ETFs, long-term strategy and portfolio construction, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Resources for this episode Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this week’s 2 Sense episode, Owen and Mitchell lean into the chaos of the current market. From the geopolitical ripples of the Iran conflict to the surprisingly high cost of plastic piping, they trace the butterfly effect of oil through the ASX. Plus, Owen returns from Vietnam with some eerie travel tales, and the team checks in on the ever-evolving saga of Richard White and WiseTech. Topics covered – The Global Oil Squeeze: With the war in Iran showing no signs of de-escalating, they unpack the unintended consequences. It is not just at the bowser — they look at Reece Ltd (ASX: REH) and how the rising cost of oil-derived materials is forcing a price hike on PVC piping. – EV smugness: While the rest of the country groans at $2.50+ fuel prices, Owen takes a literal victory lap in his Tesla. – SpaceX IPO and to the moon: A rare glimmer of optimism. They discuss what SpaceX actually does, how it makes money, and why its listing could provide investors with the world’s most unique monopoly. – The Falling Knife ETF: The crusade continues. They are still trying to get Drew’s Falling Knife ETF into production, and Marc Jocum from Global X takes them through what needs to happen to get it made. – WiseTech and the $40 floor: Richard White is back in the headlines. With WiseTech (ASX: WTC) shares dipping below the $40 mark, they ask the hard question: will shareholders remain loyal to the founder now that the capital gains have evaporated? – Postcards from Vietnam: Owen shares his recent trip to Vietnam and his observations of the ghost resorts. – Listener questions: Keep them coming! Resources for this episode Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

The market is obsessed with AI as the sole driver of energy demand, but the "Saaspocalypse" of February taught us that picking AI winners is a volatile game. In this episode, Mark Jones from Resolution Capital explains why the real opportunity lies in the "picks and shovels" that power the modern world: Electricity Utilities. We dive into why Resolution Capital has doubled down on utilities (60% of the portfolio), the reality of the US re-shoring trend, and why this is a multi-decade structural shift that remains underappreciated by the broader market. In this episode, we discuss: - Defining a great investment: What separates a "good" asset from a truly "great" infrastructure investment in the current macro environment? - Post-Saaspocalypse lessons: How the February crash in AI-adjacent software reshaped the way Resolution Capital views "AI beneficiaries." - The utility overweight: Why electricity utilities are now more than double the size of the next largest position in the fund. - The energy thesis (beyond AI): AI consumes a massive amount of power, but is that the only reason to own these stocks? We look at the intersection of decarbonisation and digitisation. - The "Re-Shoring" factor: How much of the US energy demand relies on the return of manufacturing, and would a change in the White House administration kill this trend? - Spotting the obvious: When an investment theme looks "too easy," the returns are usually gone. Mark explains what the market is still missing about the demand side. - Managing risk: From regulatory hurdles to the "build-out" risk—can we actually build too much infrastructure? - The Australian angle: Does Mark hold any local names in that 60% power allocation? - Stock in focus: A deep dive into a "great utility" currently held in the portfolio and why it fits the Resolution Capital framework. Resources for this episode Resolution Capital Website Resolution Capital Infrastructure Fund Ask a question (select the Investors podcast) Show partner resources ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, with Owen on holiday in Vietnam, Mitchell Sneddon joins Drew Meredith to discuss: – US–Iran conflict and what it means for oil prices, inflation and markets – L1 Capital’s new gold listed investment company – Hansen Corporation in the news and a look at the billing software providers prospects – What has had a worse effect on markets to date, the Iran war or the SaaSpocalypse? – How is Mitchell almost last in the Stock Genius game? Drew reviews his portfolio or AD8, TAH, EDV, DTEC and more. – Would you invest in defence stocks? We look at the inflows for the major defence ETFs: DTEC, ARMR and DFND – Are you keen to invest in Drew’s falling knife ETF? Expressions of interest open now! If you love learning about investing, markets and portfolio strategy, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Resources for this episode Mitchell’s episode with Navigator Global Investments Mitchell’s episode with Neuren Pharmaceuticals Ask a question (select the Investors podcast) ETF investor? Go beyond ordinary with Global X: View all funds Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Private credit is growing rapidly in Australia. Understanding how managers actually operate may matter more than the yield itself. In this episode of the Australian Investors Podcast, Mitchell sits down with Nicole Kidd, CEO of Corval Avenue, to unpack how investors should evaluate real estate private credit managers. As private credit continues to attract capital with double-digit yields, Nicole explains why the manager is effectively part of the asset — and how weak governance, conflicted incentives, or poor reporting can turn an attractive investment into a multi-year workout. The conversation provides a practical framework investors can use to separate disciplined credit operators from opportunistic deal shops. Together they discuss - The idea that in private credit the manager is part of the asset, with vastly different outcomes possible on identical deals - Weak credit governance as the first major red flag and the role of independent credit committees in serious firms - Short track records and perfect returns as potential signs of cherry-picked performance or untested managers - Misaligned incentives and fee structures that quietly shift returns away from investors - Conflicts across the capital stack when managers operate as lenders, brokers or equity participants - Transparent reporting and honest default disclosure as signals of a disciplined credit operation - Green flags of strong managers, including co-investment, institutional processes and operational depth Resources for this episode Buy Gemma’s book “The Money Reset” Ask a question (select the Finance podcast) Show partner resources Join Pearler using code “RASK” for $15 of Pearler Credit Get 50% off your first two months using PocketSmith View Betashares range of funds Rask resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Rask and Drew Meredith discuss: – Why Drew invested in a Melbourne bar – Rising distrust in superannuation – Div 296 and SMSF strategy questions – Retirement bucket strategies and FIRE investing If you love learning about retirement planning and investing strategy, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Why Drew invested in a bar - Beneath Driver Lane Drew explains: – When the opportunity emerged (2018) – The due diligence process – Why having the operator with skin in the game mattered – Surviving COVID – Lessons from inflation and margin pressure – Expansion to Baby Driver Big takeaway: Keep costs low. Avoid debt. Align incentives. Bootstrapping works. Super distrust: what’s going on? A recent survey showed: – 58% of pre-retirees plan to withdraw super in lump sum – One third considering high-risk assets (including crypto) We discuss why disengagement with super leads to poor decisions and why understanding the structure matters more than fear. Listener Question: $4m SMSF and Div 296 A listener who achieved FIRE at 39 asks: – Should they sell down to avoid Div 296 impacts? – Should growth sit outside super and income inside? We explain: – What Div 296 actually does – Why average tax rate matters – Why panic selling rarely helps Bucket Strategy Explained Yoda Best asks about bucket strategies. We break down: 1. Short-term cash bucket (2 years expenses) 2. Medium-term income assets 3. Long-term growth bucket Purpose: Reduce emotional decision-making in retirement. Hypotheticals – If franking credits were abolished overnight – If passive investing was banned – If you could have lunch with any investor (living or dead) Plus: Japanese ETF discussion and CGT property rules. Topics Covered – Private business investing lessons – Super strategy and Div 296 – Retirement income planning – Behavioural investing mistakes Resources for This Episode Super resources: Super Checker Tool Div 296 Webinar Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Booking Holdings Ltd deep dive, we sit down with Alan Pullen from Magellan Investment Partners to analyse the evolution of a travel giant. From its origins as Priceline.com during the dot-com era to its transformative acquisition of Booking.com, we explore how the company’s shift from an agency model to a merchant model has reshaped its financial profile. We break down the "Connected Trip" strategy and examine how the integration of brands like Agoda and OpenTable creates a powerful network effect that continues to dominate the fragmented European and global hotel markets. As investors look for long-term value, this analysis scrutinises the Booking Holdings moat in the face of rising competition. We address the critical question: Is Google or AI a legitimate threat to their market share, or will these technologies serve as enhancers for their data-driven ecosystem? Whether you are looking at management alignment, loyalty program efficacy, or the investment case for BKNG stock, this episode provides a comprehensive look at the risks and opportunities within the current economic environment. Alan Pullen is the co-portfolio manager for the Magellan Global Opportunities Fund (ASX:OPPT). Talking Points: - William Shatner’s regret: Being paid in Priceline stock - What hotel reservations used to look like and what happened to Wotif? - The start of Booking Holdings’ life as Priceline in 1997 - Priceline lists on the Nasdaq in 1999, just before the dot-com crash - How did Priceline fare during the dot-com crash? - Surviving the crash and acquiring a small Dutch business called Booking.com - Booking.com’s original agency business model vs. the merchant model - How the agency model accelerated Booking’s success and disrupted incumbents - Booking’s network effect and the fragmented European hotel market - How has Booking.com competed in markets outside of Europe? - Booking’s acquisition of brands like Agoda and OpenTable - Booking’s business model today: The merchant model overtakes the agency model - Does Booking benefit from the "float" provided by the merchant model? - Understanding the “Connected Trip” and why the app is vital to Booking Holdings - OpenTable and Booking’s move into "Experiences" - The power of Booking Holdings’ data - How important is the Booking Holdings loyalty programme? - What is Booking Holdings’ moat? - What do hotels pay to Booking? - Booking Holdings’ competitors and business risks - Is Google a threat to Booking Holdings? - Is AI a threat or an enhancer for Booking Holdings? - Management quality: Are incentives aligned with shareholders? - Macro risks: How exposed is Booking Holdings to economic volatility? - The investment case for Booking Holdings - Key questions investors should ask when reading Booking Holdings reports - How important is US growth for Booking Holdings? - When is the right time to buy Booking Holdings? Resources for this episode Ask a question (select the Investors podcast) Visit TermPlus to learn more OPPT ~~ Rask Resources ~~ Explore all Rask services – https://bit.ly/R-services Get Financial Planning – https://bit.ly/R-plan Start investing with Rask – https://bit.ly/R-invest Access Show Notes – https://bit.ly/R-notes Ask a question – just select the Investors Podcast – https://bit.ly/R-quest Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Rask and Drew Meredith discuss: – US–Iran conflict and what it means for oil prices, inflation and markets – Magellan’s merger with Barrenjoey and what it means for investors – Netflix stepping away from the Warner Bros deal – Reporting season highlights: Block, Woolworths, Apple, NAB and more If you love learning about investing, markets and portfolio strategy, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Resources for this episode Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask is joined by Luke Winchester, founder of Merewether Capital, to discuss: – How Luke filters 2,000+ ASX stocks down to a high-conviction watchlist – What makes a quality micro cap in today’s market cycle – Five ASX micro caps Luke is watching (and in some cases owning) – Why process, patience and position sizing matter in small caps If you love learning about micro cap investing, ASX small caps and long-term compounding, subscribe to the Australian Investors Podcast on Apple , Spotify, or YouTube ! Follow us on Instagram and TikTok for more investing insights. Topics Covered Luke explains how he narrows 2,300+ ASX stocks to a focused universe of ~100, then to a concentrated portfolio. He discusses avoiding mining explorers, pre-revenue biotechs and heavily loss-making businesses, and why genuine cash flow and scalability matter. – What part of the market cycle are we in? The conversation covers interest rates, volatility and why micro caps can offer opportunity when information is scarce and sentiment is weak. Luke’s 5 ASX micro cap stocks to watch: LaserBond (ASX: LBL) – Industrial laser cladding technology extending machinery life. – High-margin IP and ESG tailwinds – Recent margin recovery after a capex investment phase – Key metric: gross margin recovery and utilisation XRF Scientific (ASX: XRF) – Analytical lab equipment and consumables for mining. – High-margin consumables business (strong profit-before-tax margins) – Exposure to mining activity without being purely exploration-driven – Key metric: consumables profit growth, not just revenue Austco Healthcare (ASX: AHC) – Nurse call and healthcare workflow technology. – Transition from low-tier products to higher-value integrated systems – Turnaround story driven by management execution – Key metric: backlog conversion and recurring revenue growth Change Financial (ASX: CCA) – Payments infrastructure and card issuing platform. – Platform-style economics with operating leverage – Inflection point in profitability – Key metric: revenue growth and scale across its fixed cost base Kip McGrath Education (ASX: KME) – Tutoring franchise with education tech upgrades. – Turnaround after US expansion missteps – Strong free cash flow as capex moderates – Key metric: franchise network growth and cash generation – Which stock is most misunderstood? – Luke highlights LaserBond as a business where short-term margin pressure obscured long-term value. – Final reflections on process and discipline – Why separating business performance from share price volatility is essential in micro cap investing. Resources for This Episode – Merewether Capital website – Episode 1/2 with Luke Winchester – Subscribe to Luke’s free monthly updates via Merewether Capital Rask Resources - Explore all Rask services - Get Financial Planning - Start investing with Rask - Access Show Notes - Ask a question – just select the Investors Podcast Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here. #Investing #Finance #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Rask and Drew Meredith discuss: – NVIDIA’s 73% revenue growth and what it means for Aussie investors – Why the ASX rally may be dangerously narrow – WiseTech cutting 2,000 jobs and what AI means for software – Major ASX results: Woolworths, Domino’s, ARB, Accent & more If you love learning about long-term investing, markets and business analysis, subscribe to the Australian Investors Podcast on Apple , Spotify , or YouTube! Follow us on Instagram and TikTok for more investing insights. Topics Covered – NVIDIA earnings & AI disruption – ASX reporting season recap – Narrow market breadth warning – Rate hike probabilities – Portfolio hedging strategies – Career pathways in finance – Commercial property vs index investing – Big investing “what if” scenarios Resources for this episode Buy Gemma’s book “The Money Reset” Ask a question (select the Finance podcast) Show partner resources Join Pearler using code “RASK” for $15 of Pearler Credit Get 50% off your first two months using PocketSmith View Betashares range of funds Rask resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Rask and Drew Meredith discuss: – Reporting season highlights: BHP, Challenger, Treasury Wine Estates and JB Hi-Fi – BHP’s record high and the copper narrative – AI disruption and personal financial resilience – Listener questions: VDHG + alternatives, CGT transfer to partner, gearing in super If you love learning about investing, reporting season and portfolio strategy, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Topics Covered: – Reporting season: BHP, Challenger, Treasury Wine Estates, JB Hi-Fi – Why BHP’s copper pivot is front and centre – The ASX “two-speed” feel: banks/resources up, pockets in between struggling – AI disruption and the case for financial resilience – The 2026 stock market game leaderboard update – Hypotheticals: only greater than $10b vs less than $1b market caps; $1m to invest with no US exposure – Listener Q&A: VDHG + alternatives, transferring ETFs for tax, gearing in super Episode Resources: Learn more about: reporting season, portfolio strategy and super – Rask community – Ask a question (select Australian Investors Podcast) Rask resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Raszkiewicz sits down with Taylor McPhail, CEO and owner of McPhail’s Furniture, to unpack: – How McPhail’s went from $22m to $45m revenue – The painful dip that nearly broke the business – Why moving to Shopify unlocked explosive growth – The $45m, 100-acre logistics expansion in regional Victoria Taylor first joined Owen on-site in Wangaratta when the business was riding high at $22 million in revenue. Since then, McPhail’s dipped below $20m, rebuilt its structure, hired a new GM, doubled down on systems — and is now tracking towards $45 million in annual sales. This is a raw, tactical breakdown of what it actually takes to scale a regional retail business nationally — without VC money. If you love learning about business growth, capital allocation and scaling Australian companies, subscribe to the Australian Investors Podcast on Apple, Spotify or YouTube. Follow us on Instagram and TikTok for more investing insights. Topics Covered – Rapid growth and the $22m → $45m jump What actually changed between 2022 and today. – The burnout phase Why growth stalled, what broke internally, and how structure fixed it. – Shopify and 80% online sales How the move unlocked inventory control, cash flow visibility and marketing scale. – $59 nationwide delivery & two-week guarantee How McPhail’s beat industry norms of 2–5 month wait times. – Custom rail containers to Perth Solving logistics as a competitive moat. – Zero debt in operations, 70% LVR on property Taylor’s split risk philosophy. – $30m total debt explained Why he’s comfortable — and how he stress-tests interest rates. – The 100-acre expansion Why doubling down in Wangaratta makes more sense than decentralising. – Capital allocation decisions If given $5m today — trucks, property or inventory? – Founder lessons Overpaying staff early. Why structure beats hustle. The one boring thing that wins every time. Resources for This Episode Learn more about McPhail’s: – https://mcphails.com.au/ Watch Episode 1 (original on-site interview): – https://www.youtube.com/watch?v=cpvpqoqPZLU ~~ Rask Resources ~~ Explore all Rask services – https://bit.ly/R-services Get Financial Planning – https://bit.ly/R-plan Start investing with Rask – https://bit.ly/R-invest Access Show Notes – https://bit.ly/R-notes Ask a question – just select the Investors Podcast – https://bit.ly/R-quest Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg #Investing #Finance #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Rask and Drew Meredith discuss:– AI, vibe coding and whether software moats are at risk– Pro Medicus (ASX:PME) results and the 22% share price fall– ASX at all-time highs amid a $65bn wipeout– Listener questions on ETFs, silver, property, WiseTech and more If you love learning about investing, ETFs and Australian shares, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. The contradiction is real. The S&P/ASX 200 hit all-time highs — yet headlines screamed “wipeout” after a 2% plunge wiped nearly $65 billion off the market in a single session. Meanwhile: AMP tanked 31% Temple & Webster (ASX:TPW) fell more than 30% Pro Medicus (ASX:PME) dropped 22% on results day CSL (ASX:CSL) slid hard after earnings Banks like ANZ Banking Group (ASX:ANZ) hit fresh highs We unpack why this feels like two markets at once — and why volatility in individual stocks is rising even while the index looks calm. What’s happening in markets right now? Pro Medicus's results Rask's Reporting Season Webinar #1 Ask a question Rask Resources 🔗 Explore all Rask services – https://bit.ly/R-services 📋 Get Financial Planning – https://bit.ly/R-plan 📈 Start investing with Rask – https://bit.ly/R-invest 📜 Access Show Notes – https://bit.ly/R-notes ❓ Ask a question – just select the Investors Podcast – https://bit.ly/R-quest 📲 Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg #Investing #Finance #AustralianInvestorsPodcast DISCLAIMER Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your hosts Owen Rask (and team) sit down with Brendan Malone, CEO and Managing Director of Raiz Invest Ltd (ASX: RZI), for a strategic, no-nonsense discussion on how a scaled consumer fintech actually operates. Together, they unpack: – Raiz’s true business model and unit economics – Why engagement and FUM matter more than headline customer growth – Product strategy across Invest, Kids, Plus and Super – AI, advice and compliance realities (not hype) – Capital allocation, moats and leadership under ASX pressure If you love learning about fintech, investing platforms and business fundamentals, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram (rask.invest) and TikTok (rask.invest) for more investing insights. This is a sponsored episode of The Australian Investors Podcast, as Raiz is a long-term educational partner of Rask. Topics Covered with Brendan from Raiz: – Raiz’s origin story and early strategic trade-offs – How Raiz actually makes money today – Unit economics: ARPU, LTV, CAC and operating leverage – Why Plus, Kids and Super are growing faster than core Invest – Public vs private: the realities of being ASX-listed – AI coaching vs advice and where the red lines sit – Moats, competitive threats and capital allocation discipline – What long-term investors should really watch Resources for This Episode – Raiz Invest investor centre and ASX disclosures: https://investorhub.raizinvest.com.au/ – Raiz product suite: portfolios, Super, Kids and Plus: https://raizinvest.com.au/ ~~ Rask Resources ~~ Explore all Rask services – https://bit.ly/R-services Get Financial Planning – https://bit.ly/R-plan Start investing with Rask – https://bit.ly/R-invest Access Show Notes – https://bit.ly/R-notes Ask a question – just select the Investors Podcast – https://bit.ly/R-quest Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider whether the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg #Investing #Finance #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask is joined by Luke Winchester, founder of Merewether Capital, to break down how a professional investor approaches ASX reporting season. Together, they discuss: – How reporting season differs from the rest of the year – Luke’s preparation process and decision-making framework – The idea that one key metric often drives a stock in the short to medium term – Small and micro-cap companies Luke is watching this season If you love learning about long-term investing and company analysis, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Luke shares how he applies his framework to real ASX examples, including: – CleanSpace Technologies (ASX:CSX) – where revenue growth is the key metric driving the investment case – Racing and Sports Technology (ASX:RTH) – with a focus on incremental margins and operating leverage Luke explains what would make him re-rate these businesses after earnings, and how reporting season can prompt position sizing decisions. Learn more about Mereweather:Merewether Capital monthly investor updates: https://www.merewethercapital.com.au/ ~~ Rask Resources ~~ 🔗 Explore all Rask services – https://bit.ly/R-services 📋 Get Financial Planning – https://bit.ly/R-plan 📈 Start investing with Rask – https://bit.ly/R-invest 📜 Access Show Notes – https://bit.ly/R-notes ❓ Ask a question – just select the Investors Podcast – https://bit.ly/R-quest 📲 Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. #Investing #Finance #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

Silver just crashed 26% in THREE DAYS - from $170 to $126. Gold plummeted from $7,800 to $6,700 in a matter of days. Just last week everyone was asking Drew about adding silver to portfolios. This is why you don't chase hot thematics! In this Australian Investors Podcast episode, Owen Rask and Drew Meredith dissect Big Tech earnings that shocked Wall Street: Microsoft (MSFT) down 11% - Azure cloud revenue up 38% but growth slowing. Capital expenditures hit $37.5 billion (up 66%), exceeding estimates. The kicker? Net income boosted by $1.02/share from OpenAI investment, with a massive $250 billion OpenAI deal accounting for 45% of Microsoft's $625 billion backlog. Meta (META) up 11% - Beat expectations with Q4 sales of $59.9 billion. Planning unprecedented AI spending: $115-135 billion capex in 2026 (up 87% from 2025's $72 billion). First AI tool not yet released! Tesla (TSLA) - Capex more than DOUBLE last year's outlay and almost twice Wall Street expectations. Discontinuing Model S and Model X to make room for Optimus humanoid robots. Acquired preferred shares in xAI. Apple (AAPL) record quarter - Revenue jumped 16% to $143.8 billion driven by iPhone 17 demand. China revenue up 38% to $25.5 billion. Services hit $30 billion (up 14%). Owen and Drew launch their 2026 Navexa portfolio challenge, with Owen offering to get a TATTOO if 1,000 people beat his returns. Drew reveals his "falling knives plus data centre portfolio" strategy. They've also taken over The Golden Times publication for retirees! Plus: Dr Deremith's interest rate call update, geopolitics impacting portfolios, and why Australian government debt-to-GDP hit 43.8% (up from 42.8%) while private debt dropped from 82% to 70% over 10 years. If you like this Australian Investors Podcast episode, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts. Resources for this episode Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Is the US economy a mess? With markets feeling noisy and uncertain, this conversation with Nehemiah Richardson offers a perspective on where the real risks sit — and where they don’t. In the face of unprecedented social and geo-political unrest, just how unstable is the US economy? Are the AI megacaps papering over the cracks of a weakening middle class? Today’s episode is with Nehemiah Richardson, CEO of Private Credit at Pengana. We discuss the political climate and assess the real outcomes of Trump’s administration. Additionally, we ask how a professional private credit investor selects a fund manager. Below you will find links to the reports and investments mentioned in the show as well as the timestamps for the key points discussed: Links referred to in the show: - ASIC report into private credit - TermPlus - Pengana Global Private Credit Trust (ASX: PCX) - Pengana Diversified Private Credit Fund (please note this fund is for only available to wholesale investors) Talking points: - How healthy is the US consumer right now? - What can we expect to see from the Trump administration heading into the mid-terms? - What impact have the tariffs had on businesses in the US? - Why the current environment is making portfolio construction tricky - What is the difference between investment grade and non investment grade credit? - What role does fixed income play in a portfolio? - How does a professional investor choose what to invest in within private credit? - What questions does a professional private credit investor ask his fund managers? - Has the two speed economy in the US changed where professionals are allocating capital to in private credit? - A checklist for selecting private credit managers here in Australia. - What is the impact on private credit portfolios if the RBA increases interest rates - What is the difference between TermPlus, PCX the listed investment trust and Pengana’s private credit fund? - Why every leader should read Mindset by Carol Dweck Show partner resources Visit TermPlus to learn more https://termplus.com.au/?utm_source=rask&utm_medium=podcast&utm_campaign=investors&utm_term=general&utm_content=video Rask Resources All services: https://bit.ly/R-services Financial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest We love feedback! https://raskau.typeform.com/to/ZbfHy6IP Follow us on social media: Instagram: https://www.instagram.com/rask.invest TikTok: https://www.tiktok.com/@rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask wraps up the Investment Foundations Series with: The key takeaways from all 9 episodes in the series How to apply index investing, asset allocation and automation Why a simple, low-cost and diversified strategy often wins How to keep going when markets get tough or noisy If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and revisit all 10 episodes of this series. Follow us on Instagram and TikTok for more investing insights. Topics Covered Index funds, ETFs and the case for passive investing Portfolio design and rebalancing Keeping fees low and discipline high Sticking to the plan when times get tough Rask Courses Value Investor Program – Owen's free online training Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days! Rask Invest – Invest directly with Owen Go deeper and explore more episodes This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: - timeless investing principles from Warren Buffett and other legends - how to think about moats, margins of safety and compounding - why mindset, patience and simplicity matter more than genius - lessons from history’s best (and most underrated) investors If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. - Economic moats and business quality - Margin of safety and long-term thinking - The power of compounding and focus - What separates great investors from average ones Rask Courses: - Value Investor Program – Owen's free online training - Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days! - Rask Invest – Invest directly with Owen - ⁠Buy Gemma’s book “The Money Reset”⁠ - ⁠Ask a question (select the Finance podcast)⁠ Go deeper and explore more episodes - Browse the full series Show partner resources Join Pearler using code “RASK” for $15 of Pearler Credit Get 50% off your first two months using PocketSmith View Betashares range of funds Rask resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: What managed funds actually are and how they work When active management is worth the cost How to compare fund managers and watch for red flags Key tools like active share, fund style, fees and liquidity If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. What are managed funds and why do they exist? The difference between active and passive investing Fund fees, styles, liquidity and performance metrics How to assess a fund manager and avoid closet indexers Rask Courses: Value Investor Program – Owen's free online traininghttps://education.rask.com.au/courses/value-investor-program-course-with-equity-mates/ Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days!https://www.rask.com.au/landing/etfs-checkout/?level=5&discount_code=INV Rask Invest – Invest directly with Owenhttps://www.rask.com.au/rask-invest Go deeper and explore more episodesBrowse the full series at https://www.raskmedia.com.au/podcasts/australian-investors-podcast/ Topics CoveredResources for This EpisodeDISCLAIMERThis podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: - the key economic indicators all investors should know - how inflation, interest rates and GDP growth affect markets - why the business cycle and unemployment data matter - using economic data without falling into macro guessing If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. Topics Covered - Inflation, interest rates and monetary policy - Unemployment, GDP and fiscal policy - Yield curves and recession signals - How to think about economic data like an investor Resources for This Episode Rask Courses: ⁠Value Investor Program⁠ – Owen's free online training ⁠Rask Core membership⁠ – Rask's expert portfolios & stock research, $1 for 30 days! ⁠Rask Invest ⁠– Invest directly with Owen Go deeper and explore more episodes ⁠Browse the full series⁠ ⁠Ask a question (select the Investors podcast)⁠ ⁠Visit TermPlus to learn more⁠ Rask Resources ⁠All services⁠ ⁠Financial Planning⁠ ⁠Invest with us⁠ ⁠Access Show Notes⁠ ⁠Ask a question⁠ ⁠We love feedback!⁠ Follow us on social media: Instagram: ⁠@rask.invest⁠ TikTok: ⁠@rask.invest⁠ DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): ⁠https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

The Rask 2026 stock market game is live - it's called Stock Genius. Available at stockgenius.com.au, in collaboration with Navexa, the Rask Stock Market is open for you to compete and enjoy with over 1,000 fellow investors. In this episode, we cover: - Is AI killing app investing in 2026? - Are you a stock market genius? Play our game to find out - How the game works - Smart tracking for portfolios - Owen and Navarre’s top picks Resources for this episode Join the game: https://www.stockgenius.com.au/ Buy Gemma’s book “The Money Reset”- https://amzn.to/42Uz0aK Ask a question (select the Finance podcast): https://bit.ly/R-quest Show partner resources Join Pearler using code “RASK” for $15 of Pearler Credit: https://bit.ly/Pearler Get 50% off your first two months using PocketSmith: https://bit.ly/R-PocketSmith View Betashares range of funds:  https://bit.ly/beta-25 Rask resources All services: https://bit.ly/R-services Financial Planning: https://bit.ly/R-plan Invest with us: https://bit.ly/R-invest Access Show Notes: https://bit.ly/R-notes Ask a question: https://bit.ly/R-quest We love feedback! https://raskau.typeform.com/to/ZbfHy6IP Follow us on social media: Instagram: https://www.instagram.com/rask.invest TikTok: https://www.tiktok.com/@rask.invest Disclaimer: The information contained in this podcast episode is strictly general in nature. It does not take into account your needs, goals or objectives. So do not act on the information until you have spoken to your financial adviser. The Rask Group Pty Ltd is a corporate authorised representative (No. 1313447) of Rask Licensing Pty Ltd (AFSL: 563 907). The information in our shows is general financial advice only. That means, the advice does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. In addition, you should obtain and read the product disclosure statement (PDS) and Target Market Determination (TMD) before making a decision to acquire any financial product. If you don’t know what your needs are, you should consult a trusted and licensed financial adviser who can provide you with personal financial product advice. Please read our Terms & Conditions and Financial Services Guide on rask.com.au/legal. The Stock Genius website is built and maintained by Navexa. It does not provide financial, legal or tax advice of any kind. The Rask Stock Market Game has been created purely for educational and entertainment purposes. It is not real money and should never be considered as a recommendation, "stock picking", or investment service. The purpose of the game is community, not recommendations for, or against, investments. Investing is risky and can result in permanent capital loss. The Rask Group Pty Ltd and Navexa do not endorse or recommend investments as part of the Stock Genius website, and make no warranty for the performance of portfolios. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: how real estate investing works and the key trade-offs comparing direct property to listed shares, REITs and ETFs the real impact of gearing, illiquidity and concentration risk how shares can give you access to global real estate — without buying a house If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. Negative gearing, capital growth and property cycles Why leverage cuts both ways Diversification and risk in direct property vs shares How REITs and ETFs offer liquidity and global access Rask Courses: Value Investor Program – Owen's free online traininghttps://education.rask.com.au/courses/value-investor-program-course-with-equity-mates/ Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days!https://www.rask.com.au/landing/etfs-checkout/?level=5&discount_code=INV Rask Invest – Invest directly with Owenhttps://www.rask.com.au/rask-invest Go deeper and explore more episodesBrowse the full series at https://www.raskmedia.com.au/podcasts/australian-investors-podcast/ Topics CoveredResources for This EpisodeDISCLAIMERThis podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: how asset allocation drives long-term returns the role of diversification across assets, sectors and regions why rebalancing matters and how to do it properly how to think about portfolio structure, volatility and investment goals If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. Asset allocation: the key to long-term results Diversification across asset classes and regions Rebalancing, volatility and Sharpe ratios Core-satellite strategies and managing your risk Rask Courses: Value Investor Program – Owen's free online traininghttps://education.rask.com.au/courses/value-investor-program-course-with-equity-mates/ Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days!https://www.rask.com.au/landing/etfs-checkout/?level=5&discount_code=INV Rask Invest – Invest directly with Owenhttps://www.rask.com.au/rask-invest Go deeper and explore more episodesBrowse the full series at https://www.raskmedia.com.au/podcasts/australian-investors-podcast/ Topics CoveredResources for This EpisodeDISCLAIMERThis podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: - the rise of Vanguard and the birth of index funds - why low-cost investing is a powerful advantage - how ETFs and market-cap indexing actually work - the evidence behind passive investing outperformance If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. Topics covered - How Vanguard changed the investing world - Index funds vs active funds - ETFs, fees and the client-owned model - Why most active funds underperform Resources for This Episode Rask Courses: Value Investor Program – Owen's free online training Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days! Rask Invest – Invest directly with Owen Go deeper and explore more episodes Browse the full series Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: - what value investing really means and why it works - key principles from Graham, Buffett and modern investors - how to think about intrinsic value, DCF and the margin of safety - why some stocks are cheap for a reason (value traps) If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. Topics Covered - What is value investing and how is it different? - Valuation ratios like P/E, P/B and DCF analysis - Margin of safety, mean reversion and quality - Avoiding value traps and spotting great businesses Resources for this episode Rask Courses: Value Investor Program – Owen's free online training Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days! Rask Invest – Invest directly with Owen Go deeper and explore more episodes - Browse the full series Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Passive income investing essentials: how to use dividends, franking, bonds and reinvestment strategies to grow income and build wealth. In this Australian Investors Podcast episode, your host Owen Rask continues the Investment Foundations Series with: - the core ingredients of a passive income investing plan - how dividends, franking credits and term deposits work for Aussie investors - the psychology and risks of chasing yield - what the FIRE movement can teach us about real financial freedom If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. Topics Covered - How passive income works and why it matters - Dividends, franking credits, term deposits and bonds - Avoiding yield traps and understanding payout ratios - Total return investing vs income-only strategies Resources for This Episode Rask Courses: Value Investor Program – Owen's free online training Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days! Rask Invest – Invest directly with Owen Ask a question (select the Investors podcast) ⁠Visit TermPlus to learn more⁠ Go deeper and explore more episodes Browse the full series Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask kicks off the Investment Foundations Series with: - personal finance foundations for investors that want to grow their wealth - how to use compound interest, dollar-cost averaging and superannuation to your advantage - why goals, risk tolerance and automation matter more than you think - what smart investors get wrong about fees, psychology and behaviour If you want to level up your investment knowledge and take control of your money, make sure to subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube and follow along with this 10-part series. Follow us on Instagram and TikTok for more investing insights. ⁠Visit TermPlus to learn more⁠ Rask Core membership – Rask's expert portfolios & stock research, $1 for 30 days! Rask Invest – Invest directly with Owen Go deeper and explore more episodes Browse the full series Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask sits down with Shane Horsburgh — ex-police tactical leader, author of Fighting Blind, and leadership coach — to explore: - what it means to be guided by your soul, not your ego - redefining masculinity through stillness, patience and presence - lessons from Iraq, police tactical operations and culture change programs - how leaders collapse under complexity when they cling to control From Sound of Music tours in Austria to Special Operations on Sydney rooftops, Shane shares deeply human, practical and philosophical lessons for modern leaders. If you’re curious about how to lead in a world that’s moving faster and becoming harder to control, this conversation will reframe how you see yourself, your decisions and your team. Follow us on Instagram (Rask.Invest) and TikTok (Rask.Invest) for more investing and leadership insights. Topics covered in this Australian Investors Podcast episode - Being guided by your soul, not your ego - Stillness in chaos & emotional regulation - Masculinity, identity and leadership assumptions - Complexity, hierarchy and adaptive leadership - Quantum thinking & decision-making - AI as a leadership challenge, not a tech one - The myths that hold leaders back Resources for this Investors podcast episode Learn more about Shane Horsburgh: Fighting Blind (Shane’s book) TEDx Talk – Redefining Masculinity (2014) LinkedIn: Shane Horsburgh Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask speaks with Luke Laretive and Ben Richards of Seneca Financial Solutions about: – Red Hill Minerals (RHI): 11% yield and exposure to MIN’s Onslow Iron – Euroz Hartleys (EZL): WA broker with history of capital returns – ReadyTech (RDY): takeover target and still the cheapest ASX software stock? – Stellar Resources (SRZ): under-the-radar commodity & potential M&A upside If you love learning about micro cap ASX stocks with huge upside, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Topics Covered – Red Hill Minerals (RHI): gross yield of 11% and cash machine upside – Euroz Hartleys (EZL): WA broker with another capital return coming? – ReadyTech (RDY): software business overlooked by the market – Stellar Resources (SRZ): tin exposure and a neighbour lurking as acquirer? Resources for This Episode 📄 Get more insights from Luke & Ben: – Seneca Financial Solutions – Good Research (for DIY investors) Show partner resources Visit TermPlus to learn more Rask Resources 🔗 Explore all Rask services 📋 Get Financial Planning 📈 Start investing with Rask 📜 Access Show Notes ❓ Ask a question – just select the Investors Podcast 📲 Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it.If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. #ASX #MicroCaps #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask speaks with Luke Laretive and Ben Richards of Seneca Financial Solutions about: – Symal (SYL): a newly listed boring business in the best way – Emeco (EHL): discounted to NTA and a potential takeover target – HMC Capital (HMC): 3 big issues, but plenty of hidden value – Qoria (QOR): cyber safety stock with overlooked tailwinds If you love learning about ASX small caps with big upside, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Topics Covered – Symal (SYL): recent IPO, trading at 10x earnings vs peers on 15–20x – Emeco (EHL): capital returns ahead? Insiders buying? – HMC Capital (HMC): unloved, but a real asset management business – Qoria (QOR): overlooked leader in cyber safety software Resources for This Episode 📄 Get more insights from Luke & Ben: – Seneca Financial Solutions – Good Research (for DIY investors) Show partner resources -Visit TermPlus to learn more Rask Resources 🔗 Explore all Rask services 📋 Get Financial Planning 📈 Start investing with Rask 📜 Access Show Notes ❓ Ask a question – just select the Investors Podcast 📲 Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. #SmallCaps #ASX #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask speaks with Luke Laretive and Ben Richards of Seneca Financial Solutions about: – Why REA Group (REA) could keep winning despite the noise – WiseTech Global (WTC): sticky, high-margin, misunderstood – NexGen Energy (NXG): exposure to the world’s best uranium asset? – South32 (S32): this base metals stock is completely unloved If you love learning about quality mid/large cap ASX companies, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Topics Covered – REA Group (REA): still a monopoly with pricing power – WiseTech Global (WTC): logistics software juggernaut – NexGen Energy (NXG): overlooked uranium upside – South32 (S32): a cyclical contrarian opportunity Resources for This Episode 📄 Get more insights from Luke & Ben: – Seneca Financial Solutions – Good Research (for DIY investors) Show partner resources - Visit TermPlus to learn more Rask Resources 🔗 Explore all Rask services 📋 Get Financial Planning 📈 Start investing with Rask 📜 Access Show Notes ❓ Ask a question – just select the Investors Podcast 📲 Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. You should consider if the information is appropriate for your situation before acting on it. If you’re unsure, consult a licensed financial planner. The Rask Group is NOT a qualified tax accountant, financial adviser, or tax professional. You can access The Rask Group’s Financial Services Guide (FSG) here: https://www.rask.com.au/fsg. #ASX #Investing #AustralianInvestorsPodcast Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode - your finale of the 2 Sense series for 2025 - your host Owen Rask is joined by Dr Andrew Deremith (AKA Drew Meredith) to: - Review 2025 - the year that was… filled with AI - Settle 2 BIG bets made on the show - Name their best stocks of 2025 - Name 1 stock pick for 2026 - Provide an overview of ways to profit from AI - Provide a teaser about the Rask 2026 stock market game… If you love learning about quality mid/large cap ASX companies, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Resources for This Episode Get more insights from Rask: Rask newsletter (Owen's deep dives, every Sunday) Rask Core (our stock & ETF research) Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

What does a day in the life of a product manager at S&P Dow Jones look like? Lots and lots of data. Rask’s Mitchell Sneddon sits down to talk with Jessica Tan who the the Principal of Fixed Income Indices at S&P Dow Jones Indices. Jessica breaks down the interesting differences between fixed income markets around the world and uses a bento box to describe how she puts together a fixed income index. We also discuss growing up in Singapore as well as a life changing car accident when she was travelling New Zealand. Resources for this episode Jessica Tan’s bio and articles Buy Gemma’s book “The Money Reset” Ask a question (select the Finance podcast) Show partner resources Join Pearler using code “RASK” for $15 of Pearler Credit Get 50% off your first two months using PocketSmith View Betashares range of funds Rask resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Peter Phan is the Portfolio Manager of Castlereagh Equity. Many Australian investors already know Peter from his time blogging and due to his activity on Twitter. This podcast is epic, unfiltered, barely edited and raw. I barely edited this audio file. It took place remotely, so the audio file is a little rough. Consider wearing your headphones. You’ve probably seen this episode come up in your feed and noticed this podcast is also the longest I have ever recorded. My wife said I should break it up into parts. However, if I did that, it would the diehard investors and learners may miss the deep signal Peter covers during the next two and a half hours. In this conversation, Peter covers everything from card counting and probability, mental models for analysing management or yourself, valuations and modelling outcomes, including examples in United Overseas Australia (ASX: UOS) and Data#3 Ltd (ASX: DTL). @60 minutes - how Peter invests In the first 60 minutes Peter sets the groundwork for the entire conversation. If you’re most interested in how he invests and the models he applies to his investing, jump forward to around 60 minutes into the conversation. At the very end of the conversation, around 2 hours and 26 minutes in, Peter answers three questions, including is it ok for non-investors to follow the efficient market hypothesis and invest passively, does an investment committee work and does a fund manager need business experience? His answers are fascinating. I hope you stick around for the full discussion and as always I hope you enjoy this conversation with Peter Phan of Castlereagh Equity. Companies mentioned: United Overseas Australia (ASX: UOS), Data#3 Ltd (ASX: DTL) Resources for this episode Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Mitchell Sneddon is joined by Gary Hui, portfolio manager at Geometrica Fund, a Sydney-based global long-short hedge fund. Gary doesn’t follow market narratives — he follows hard data. In this episode, Mitchell and Gary discuss: – Why narratives like founder-led businesses are often misleading – How Geometrica surveyed thousands of WeChat users & port data to short A2 Milk – Why ResMed’s fall was wrongly blamed on GLP-1s like Ozempic – The process of building a deep research edge using alternative data Topics Covered – Gary’s career journey: from JP Morgan to founding Geometrica – Why “good management” and “founder-led” are useless investing shortcuts – How Geometrica defines edge through logic, maths & raw data – Dissecting the A2 Milk short: port data, WeChat bots & channel stuffing – ResMed’s misunderstood GLP-1 narrative vs actual gross margin drivers – Building deep logic models and rejecting conventional wisdom – How the team finds asymmetric bets with massive skew – The role of volatility, balance sheet turnarounds & crowd psychology – Why some of the best shorts started as long ideas – How Gary views valuation as a proxy for popularity, not truth Episode Resources: Geometrica Fund case studies Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): Learn more about your ad choices. Visit megaphone.fm/adchoices

Inflation spiked to 3.8% in October, driven by higher electricity and food costs. Economist Warren Hogan is calling for the RBA to raise rates by at least 25 basis points - possibly 40bp to get the cash rate back to 4%. Is Dr Deremith's famous "it's a no" prediction about to be proven wrong? A first interest rate rise in more than two years could be on the cards in 2026 after underlying inflation also increased to 3.3%, above the RBA's forecast of 3.2%. In this Australian Investors Podcast episode, Owen Rask and Drew Meredith debate the RBA's next move, tackle whether retirees should even bother chasing alpha in their portfolios, and dissect two contrasting retail stories. Collins Foods (KFC operator) is flying, but shares tanked. The company upgraded its profit outlook after delivering record first-half revenue of $750.3 million. They're now targeting year-on-year net profit growth in the mid-to-high teens (up from low-to-mid teens). Net profit rose 12.7% to $27.2 million, and they increased the interim dividend from 11¢ to 13¢. They are banking on the Banh Mi strategy to work! Metcash is struggling. The IGA/Mitre 10 owner tumbled 9.2% to $3.36 after reporting just 0.1% revenue growth to $8.48 billion, missing expectations. Food earnings were resilient (EBIT up 3.5%), but liquor EBIT fell 11.4% and hardware dropped 4.2%. Drew shares his first Tesla driving experience. They explore why data centres and energy are the future with Macquarie Tech's massive 47MW AI data centre opening. Plus: Property ETF strategies, when to shift to geared funds, and why tradies are earning $122k-$156k while we're stuck talking stocks. If you like this Australian Investors Podcast episode, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts. Topics covered today:  Is an RBA rate rise coming? - Inflation hits 3.8%, Warren Hogan calls for 25-40bp hike, Dr Deremith says no Should retirees chase alpha? - Portfolio strategy debate for retirement phase Collins Foods crushes it - KFC operator upgrades profit outlook, record $750m revenue, mid-high teens growth Metcash tumbles 9.2% - IGA/Mitre 10 owner misses revenue expectations, liquor and hardware weak Drew drives his first Tesla - Full review and experience Data centres & energy boom - Macquarie Tech's 47MW AI data centre, Sydney's only new AI capacity in 2026 Property ETF strategies - VAP vs GLPR vs Charter Hall Long WALE REIT (CLW) When to shift to geared funds? - NDQ to GNDQ timing strategies Tradie wages shock - Miners $156k/year, sparkies/plumbers $122k Resources for this episode Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Mitchell Sneddon sits down with Judy Anderson-Firth, CEO of Euphemia. Together they discuss the inside story of how one of Australia’s most progressive family offices invests with purpose—backing fintech, climate tech and women-led startups. Learn how Euphemia’s investment strategy works, the red flags to watch for, and what it means to be a “network-powered” investor Topics Covered – The origin story of Euphemia & Judy’s role as CEO – Why 80%+ of Euphemia’s assets are in venture capital – Their investment thesis: fintech, climate tech, and women-led startups – How Euphemia supports founders beyond the cheque – Why investing in women isn’t just ethical—it’s good business – Red flags Euphemia looks for during due diligence – Lessons learned from startup investing & syndicate building – How investors can start supporting diverse founders today – How Euphemia invests Dom Pym’s family wealth – The venture capital strategies behind backing bold founders – Why Euphemia focuses on fintech, climate tech & women-led startups – How investors can address systemic bias in venture capital If you love learning about venture capital, founder investing and impact-driven portfolios, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Show partner resources - Visit TermPlus to learn more Resources for This Episode – Triple Bubble – Fintech fund powered by Euphemia – Judy Anderson’s LinkedIn – UBS: Gender Lens Investing Report 2025 – BCG: Why women-owned startups are a better bet (2018) – First Round Capital – 10 Year Study on Startup Trends Rask Resources 🔗 Explore all Rask services 📋 Get Financial Planning 📈 Start investing with Rask 📜 Access Show Notes ❓ Ask a question – just select the Investors Podcast 📲 Follow us on social media: – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask speaks with Jason Ye, Director, Factors and Dividends, S&P Dow Jones Indices. Together they discuss: – How indices like the S&P 500 and ASX 200 are constructed – The logic and application of factor investing – Dividend indices and their use in Australian investing – The rise and role of ETFs and their relationship with S&P indices Topics Covered – How Jason Ye built his career in factor-based investing and indexing – History and function of S&P Dow Jones Indices – How benchmark indices like the S&P 500 and ASX 200 are built – How factor indices work (dividends, value, quality, momentum, GARP) – How ETFs use indices and the licensing process – Why dividend investing is so popular in Australia – Yield strategies and the structure of dividend indices like aristocrats – What makes a good index and why index governance matters – Future of indexing: AI, free cash flow, and global product expansion Resources for this episode: Jason's bio Research to measure sustainable dividend yield Research and Indexology Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

Alphabet (Google) is making its own chips. What kind? Why now? And could this make Alphabet - not NVIDIA - the ultimate winner in the AI race? In this Australian Investors Podcast episode, Owen Rask and Drew Meredith break down why Alphabet could be the big AI winner, dissect the ASX meltdown, and deliver a comprehensive fixed income masterclass. While NVIDIA grabs headlines with another massive earnings beat, Alphabet's vertical integration strategy might be the smarter long-term play. By controlling the entire AI stack - from custom chips to Search, YouTube, and Cloud infrastructure - Google could dominate AI economics in a way that pure chipmakers can't. This changes everything about the Magnificent 7 calculus. Meanwhile, the ASX just wiped $40 billion in value as the market selloff continues. What's driving the crash and what should investors do? Major news: Macquarie Asset Management just made its largest-ever Australian infrastructure bet - an $11.6 billion takeover offer for Qube Holdings at $5.20 per share. Qube shares rocketed 19.4% to $4.86. Then comes the bond ETF deep dive. They compare passive vs active bond ETFs (OZBD, AEBD, VBND, FLOT, HBRD, ICOR, AAA, MMKT), explain different risk levels, break down debt structures (senior, subordinated, mezzanine), and cover key terms like security, LVR, yield and valuation. When should you own bonds? Which products work best for different market conditions? With Betashares, VanEck and Global X all offering competing products, how do you choose? The Future Fund is warning of "permacrisis" and ditching fixed-rate bonds while buying gold. Are long-short hedge fund strategies dead, or just cyclical? Owen shares his calendar and time management secrets. If you like this Australian Investors Podcast episode, you'll love the series. Don't forget to subscribe for weekly shows on Apple, Spotify, YouTube or wherever you get your podcasts. Topics covered today: - Why Alphabet could be the big AI winner - Making chips, vertical integration, and beating NVIDIA at the long game - ASX crash wipes $40bn - Market meltdown continues, what's driving the selloff - Qube $11.6bn takeover bid - Macquarie offers $5.20/share, shares jump 19.4% - Fixed income deep dive - Passive vs active bond ETFs, when to own bonds, portfolio role - Bond ETF comparison - OZBD, AEBD, VBND, FLOT, HBRD, ICOR, AAA, MMKT explained - Debt structures explained - Senior, subordinated, mezzanine and the balance sheet hierarchy - Are long-short strategies dead? - Cyclical, style-dependent, or is cash just better? - Future Fund's "permacrisis" - Why they're buying gold and dumping fixed-rate bonds Rask resources: - All services: https://bit.ly/R-services - Financial Planning: https://bit.ly/R-plan - Invest with us: https://bit.ly/R-invest - Access Show Notes: https://bit.ly/R-notes - Ask a question: https://bit.ly/R-quest - We love feedback! https://raskau.typeform.com/to/ZbfHy6IP Follow us on social media: - Instagram: https://www.instagram.com/rask.invest - TikTok: https://www.tiktok.com/@rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode on the Australian Investors Podcast, Mitch chats with Meb Faber. Meb is a Californian-based fund manager with a suite of ETFs under his funds management banner, Cambria. His ETFs cover a wide range of asset classes and styles, from global value to cannabis. Before I knew Meb for his ETFs I knew him from his world-class podcast, The Meb Faber show. Meb has been recording this podcast since 2016 and it has featured a who's who of guests, from Patrick O'Shaughnessy, Morgan Housel to Joel Greenblatt. In this chat we cover - Meb's career and what led him to focus on quantitative analysis - The foundations of what makes a Cambria ETF - Meb breaks down his shareholder yield ETFs - Who was the most influential guest he's interviewed If this is the first time you've heard of Meb Faber, you're in for a treat. You'll be able to get lost in the back catalogue of the Meb Faber show. Episode Resources - The Meb Faber Show - Ed Thorp interview - Cambria Funds - Ask a question (select the Investors podcast) Show partner resources - Visit TermPlus to learn more Rask Resources - All services - Financial Planning - Invest with us - Access Show Notes - Ask a question - We love feedback! Follow us on social media Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG) Learn more about your ad choices. Visit megaphone.fm/adchoices

In this Australian Investors Podcast episode, your host Owen Rask chats with money coach and former financial adviser Karen Eley about: – The difference between financial IQ and EQ – Why money behaviour matters more than knowledge – How to improve financial wellbeing with values and emotional awareness – Practical tools to build smarter financial habits If you love learning about investing psychology and financial wellbeing, subscribe to the Australian Investors Podcast on Apple, Spotify, or YouTube! Follow us on Instagram and TikTok for more investing insights. Topics Covered – What financial IQ (money knowledge) and EQ (money behaviour) really mean – Why EQ is often overlooked but critical to success – How money personalities and values shape financial wellbeing – Tools like the financial wheel of life and values exercises – Teaching kids financial discipline and money lessons – How to measure progress in both IQ and EQ Resources for this episode Ask a question (select the Investors podcast) Visit TermPlus to learn more Rask Resources All services Financial Planning Invest with us Access Show Notes Ask a question We love feedback! Follow us on social media: Instagram: @rask.invest TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices