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250 | Roger Montgomery – Chat with Australia’s Warren Buffett

Warren Buffett is probably the greatest investor in the world. And when we say “probably” we really mean…“is”.

Sure, Buffett is estimated to be worth $US83 billion (not incl. the billions he’s already given away to charity)…… and, yep, he sure did make the majority of his wealth after his 50th birthday.

The question is… HOW did he become a self-made billionaire????

…… Value-investing!

In other words: he invested in stocks that were priced for LESS than their true worth. And he held onto them for the long term. That’s it.

So as a very special treat for OUR 250th EPISODE… WE’VE GOT “AUSTRALIA’S WARREN BUFFET” in the house!

And that brings us to today’s guest….

Roger Montgomery, Chief Executive Officer and Founder of Montgomery Investment Management, which is a Sydney based specialist boutique equity manager that manages $1.5 billion on behalf of private investors, their advisors and families. Through a simple, common and time-tested philosophy, Montgomery manages several VALUE-ORIENTED FUNDS focused on the various aspects of quality to generate superior return over the very long term.

Before we unpack all this completely, Roger’s 26-year background in financial markets includes Equity Analysis, Equity and Derivative Trading and Investment Banking. After founding, listing and selling a financial services business and listed investment company, Roger established his boutique investment management office.  In 2010, he published his first best-selling book, Value.able – How to Value the Best Stocks and Buy Them for Less Than They’re Worth.

… the clincher, folks?? … His book, of course, sets out his three simple steps for value-investing and online trading.

So. Shall we get on with it… and simply chat to Australia’s version of Warren Buffet????

… You betcha!!!

 

AND DON’T FORGET….. WE HAVE A 250TH EPISODE “BIRTHDAY” GIFT FOR YOU….

Yes, YOU CAN GET A COPY OF MAKE MONEY SIMPLE AGAIN FOR FREE!!!

Huge heads up: there’s a couple of cool surprises tucked behind it that we think we’ll blow your socks off 😉

 

Before we go ahead, here’s Wayne Schwass’s eulogy that Bryce mentioned in today’s show. Click here to watch it now.

 

THE TOP 10 HIGHLIGHTS

  1. Everything You Need To Know About Value Investing!
  2. When Roger was in his entry-level role, what did the Asia Pacific Partner of Pricewaterhouse say to him that he’ll never forget?
  3. What advice was given to lottery winners?
  4. How much of an influence has the real Warren Buffet had to Roger’s philosophy and success?
  5. What are the TWO Most Important Frameworks you need to know?
  6. Shares vs. Property — what does it come down to?
  7. How can you take advantage of “booms and busts” in the share market?
  8. Was “a fall in house prices of 40%” ever realistic?
  9. Does investing for the long term really matter?
  10. Where can you find value in the market now?

 

“Price and value are two different things. Value investing is about paying a lower price than the value received.”
Roger Montgomery

 

 

 

 

 

249 | The 4-Step Framework To Renovate or Build Your Home… AND Enjoy it! – Chat with Amelia Lee

Considering renovating or building your own home? If so, this is the perfect episode for you!! Here’s why…

We’ve got Amelia Lee, the architect behind Undercover Architect, an award-winning online resource to teach folks how to design, build or renovate their homes. To give you an idea, she’s been in the industry for over 25 years and has solid personal experience in the trenches as a “serial renovator”!

And the best part? Amelia’s on a serious mission to take the “bamboozle” out of the renovation, building and design process!

‘Cos let’s be real folks… these projects can often be draining on the ol’ tolerance levels/bank account/relationship health/overall health… BUT  as you’re about to find out… it doesn’t have to be like this AT ALL!!

(Ben’s now wishing he chatted with Amelia BEFORE he attempted three renovations on the one house!)…

‘cos, what d’ya know… it turns out that renovating and building your own home can actually be…. enjoyable!!

And all you need to do is follow Amelie’s simple, 4-Step Framework…. BEFORE you even pick up a hammer, tear down a kitchen sink or stub your toe on an exposed nail, cursing and questioning why you ever took the project on. (And/or telling yourself “never again!” like our mate Ben… who went ahead and did do it again AND AGAIN, oblivious to the fact that this wonderful framework existed.)

Learn from Ben’s mistakes folks — avoid hemorrhaging cash.

Go get your overalls ready…. this is going to be fun!

 

The Top SEVEN Takeaways…

  1. What does building and renovating with “intention” look like?
  2. How can you stretch your dollar further?
  3. Who do you need on your team?
  4. What are the big slipups people often don’t think about?
  5. How do you find a decent builder?
  6. What things are the top considerations for investors and home owners?
  7. Would an architect ever be an owner-builder? (and Should You???)

 

P.S. It’s our 250th episode next week folks… that means… MEGA GUEST… AND… MEGA  GIVEAWAYS…

… so make sure you show up!

 

P.P.S. We’ve been doing exciting stuff via Facebook lately… so, if you haven’t already… Like and Follow Us on Facebook to Get the Unannounced Social-Media-Only Gold!

245 | From Motor Mechanic to Selling James Packer’s House! – Chat with Michael Pallier

Some stories need to be heard to be believed! And the story we’re about to share with you is indeed one of these… ‘cos today’s guest went from being a motor mechanic to selling some of the most expensive properties across the country… yes, including… the home of Australian billionaire businessman and investor James Packer!

Joining us on the Couch today is Michael Pallier, Managing Director of Sydney Sotheby’s International Realty — an elite agency that handles the sale of luxury residential homes and rural properties throughout NSW and the ACT!

To give you an idea of the calibre of the properties Michael sells… well, folks… he’s just sold his EIGHTY-SECOND property valued OVER $9 MILLION (oh, and Packer’s property went for a cheeky $70 mill)!!

His sales history has included…

  • The most expensive home ever sold in Australia
  • The most expensive home ever sold at auction in Australia
  • The most expensive residential land ever sold

So. Pretty impressive stuff, right? But what we really wanna know is… … how???

How on earth did a motor mechanic all of a sudden start selling luxury homes? And who are the people who are forking out some serious cash for these properties?

And, of course, what can we learn from Michael’s secret to success?

Psst… as mentioned in today’s ep, here’s the house he’s currently selling: https://www.realestate.com.au/property-house-nsw-vaucluse-131386806

And here’s Bryce’s mindset minute from Simon Sinek! Watch his video here. 

 

THE INTERESTING STUFF

 

P.S. If you’re interested in learning more about property, finance and money management — and you also wouldn’t mind having VISUAL demonstrations to help cement your learning, check out our Facebook Live Videos.

 

 

 

RBA April 2019 Announcement – Are you prepared for what’s to come?

Folks, we’ve got a very FULL week ahead of us!

Firstly, it’s the first Tuesday of the month which means the RBA Board has met and announced the official cash rate.

And tonight at 7:30 PM (AEDT) is Budget Night! We’ll be hearing from Treasurer Josh Frydenberg and many are expecting some cash splurge. As indicated by the recent economic data, we need some good old stimulus in the economy.

This is then followed by a reply by the Labor party on Thursday! Do they agree? Do they not? Not to mention the recent shocking news that the Labor party released regarding their proposed Negative Gearing policy.

All this and more in Ben’s RBA commentaries. PLUS he’ll walk you through the global and domestic economy and give you his cash rate predictions for 2019! Make sure to tune in folks! 🙂

 

 

 

 

DISCLAIMER: This podcast is general information only and is an opinion comment by Ben Kingsley. The information contained in this video is for Australian residents only. The information does not take into account the particular investment objectives or financial situation of any potential viewer. It does not constitute, and should not be relied on as, financial or investment advice or recommendations (expressed or implied) and it should not be used as an invitation to take up any investments or investment services. No investment decision or activity should be undertaken on the basis of this information without first seeking qualified and professional advice.

The Property Couch, its employees or contractors do not represent or guarantee that the information is accurate or free from errors or omissions and therefore provide no warranties or guarantees. The Property Couch disclaims any and all duty of care in relation to the information and liability for any reliance on investment decisions, claiming the use or guidance of this publication or information contained within it.

For more information, please visit: http://thepropertycouch.com.au

 

 

225 | Breaking News with Dr Shane Oliver – Are We in Store for a Global Recession?

Folks, we have a very special guest on today … Dr Shane Oliver, Head of Investment Strategy and Chief Economist at AMP Capital!! (Ben was a bit giddy, ha!)

So, if you’re keen to hear the latest economic news across the property AND stock market, or you want the intel on how the cogs of the economy run … then you’d best hit play on this one!

To give you an idea, Shane Oliver is responsible for determining AMP Capital’s investment strategy and asset allocation and also provides economic forecasts and analysis to the asset class portfolio managers. And chances are, you’ve seen his face somewhere in the news because Shane is also a regular media commentator on major economic and investment market issues and has been with AMP for over 30 years!

And he’s not just an expert on this stuff, he’s also excellent at breaking down complex economic updates into simplified, bite-sized pieces!

Oh, and as mentioned on today’s show, he’s often providing live updates on Twitter, so if you’re keen to get his economic insights his twitter handle is @ShaneOliverAMP

 

Other resources mentioned in today’s show…

(And, don’t forget… CLICK HERE to Find Out About our AFL Competition – Epic Prizes!)

 

So… What are you in for?

 

 

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