This episode of The Australian Investors Podcast features Owen Rask and Matthew Haupt of Wilson Asset Management.
Matthew Haupt is the Lead Portfolio Manager of WAM Leaders (ASX: WLE), an Australian shares ASX-50 listed investment company that combines Matthew’s top-down views with bottom-up company analysis.
Owen’s special note: this episode references some advanced concepts in multi-asset investing. Needless to say, Owen and Matthew get a little nerdy. Please don’t be put if you have to do a double-listen. Or just tune into Thursday’s macro chat!
Owen Rask and Matthew Haupt talk about everything from the Silicon Valley Bank (SVB) collapse to bottom-up versus top-down analysis, options trading, risk management, and a typical day for macro-minded fund manager.
Broad talking points with Matthew Haupt of Wilson Asset Management
- Can you describe the macroeconomic environment in 1-2 minutes, in particular, what you believe are the 1-2 unanswered questions?
- Looking back at it now, who is the investor that has most influenced you, and what did you learn from them?
- Why has the WAM Leaders portfolio performed so well since Covid?
- Hypothetically, if you had a strong view of persistent inflation in 2023 and 2024, what types of strategies and companies would you consider as a must-have in portfolios?
- Why do you seem to be avoiding Australian bank shares like Commonwealth Bank (ASX: CBA) or National Australia Bank Ltd (ASX: NAB)?
- In practice, how do you go about valuing companies?
- Which successful investor could you never invest like but have respect for their process?
- What’s the most effective way to measure risk? Does academia make any sense to you?
- What’s one thing about finance or investing you believe that few others would agree with you on?
