Sell-offs are a buying opportunity. Don’t get off the train
Investors remain nervous after the massive sell off in February and March, but Matthew Kidman from Centennial Asset Management says that any sell off (such as we've seen in the week since this was recorded) should be treated as a buying opportunity.
"If the market does come away in September, use it as a buying opportunity. Now is not the time to get off the train. Now is the time to buckle in, ride a few bumps out, and we're gonna go again."
In this episode of The Rules of Investing podcast, we discuss the curious origins of Buy Hold Sell, why investors should treat any sell off as a buying opportunity, and we get his view on a range of Aussie small caps, including Ooh!Media, Adairs, and iCar Asia.
Time stamps:
- 1:44 – Matthew’s experiences with Livewire and the origins of Buy Hold Sell
- 7:12 – Career beginnings as a financial journalist and the pathway to becoming a fund manager
- 10:13 – Matthew’s investment strategy: Identifying early growth pathways among small caps
- 14:35 – What makes a good fund manager?
- 17:13 – The most significant changes in his approach to investing since joining the industry
- 19:19 – Catalysts for a switch in valuation methodologies
- 20:43 – Are we currently in an extended bear market rally or completely new bull market?
- 23:39 – The importance of practicing caution while maintaining confidence in the market
- 25:47 – Curious trends in the discretionary retail industry during a recession
- 28:50 – Notable retail players that offer compelling long term buying opportunities
- 30:23 – The key stocks on Matthew’s watchlist
- 33:14 – The likeliness of a vaccine and the stocks set to benefit most
- 38:03 – Recessionary trade-offs - job losses vs. reduced cost base
- 39:30 – Matthew answers our 3 favourite questions
Never miss an update
Enjoy this wire? Hit the 'like' button to let us know. Stay up to date with my content by hitting the 'follow' button below and you'll be notified every time I post a wire. Not already a Livewire member? Sign up today to get free access to investment ideas and strategies from Australia’s leading investors.
Never miss an update
Enjoy this wire? Hit the ‘like’ button to let us know.
Stay up to date with my current content by
following me below and you’ll be notified every time I post a wire
The Rules of Investing is one of Australia's top investing podcasts. We interview the leading investment minds from Australia and overseas to better understand their processes and philosophy. After launching in October 2017, there have been over 150 episodes published - you can access all content on Livewire Markets, Spotify and Apple Podcasts.
........
Livewire gives readers access to information and educational content provided by financial services professionals and companies ("Livewire Contributors"). Livewire does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) in respect of any advice given. Any advice on this site is general in nature and does not take into consideration your objectives, financial situation or needs. Before making a decision please consider these and any relevant Product Disclosure Statement. Livewire has commercial relationships with some Livewire Contributors.
More from The Rules of Investing
To catch-up on previous episodes of the Rules of Investing, click here.
- 700+ meetings each year: How WAM Global uncovers under-the-radar stocks
- Chris Stott’s 5 high conviction stocks for the new bull market
- Christopher Joye: No margin for error for risk junkies craving rate cuts
- Why Ben Clark is taking profits on growth stocks (and where he's putting that money to work)
13 stocks mentioned
1 contributor mentioned
Livewire Markets
The Rules of Investing is one of Australia's top investing podcasts. We interview the leading investment minds from Australia and overseas to better understand their processes and philosophy. After launching in October 2017, there have been over...
Livewire Markets
The Rules of Investing is one of Australia's top investing podcasts. We interview the leading investment minds from Australia and overseas to better understand their processes and philosophy. After launching in October 2017, there have been over...
Comments
Comments
Sign In or Join Free to comment
most popular
Equities
7 stocks to seek multi-year double-digit earnings growth
Livewire Markets