Buy Hold Sell: The Big Aussie Short

If the mainstream media has caught on to a theme, you know it’s too late to get in. This time was no exception. When 60 Minutes claimed to have uncovered the “big Aussie short”, on the 21st of February, the big 4 banks were languishing near 5-year lows. Since then ANZ is up 9.6%, Westpac is up 8%, NAB is up 7.8% and CBA is up 2.6%. With housing-exposed stocks rallying off their lows, we thought we'd take the opportunity to discuss some of these stocks on an individual basis. In this episode of Buy Hold Sell, we spoke to Ben Rundle  from NAOS Asset Management and Don Williams from Platypus Asset Management to see what their views are on a selection companies exposed to the housing market. Stocks discussed include Westpac, Genworth, REA Group, James Hardie and Harvey Norman. Access a transcript here (VIEW LINK) or click on the image below to watch the video.