Matthew Booker on Livewire

Portfolio Manager, Matthew Booker on Livewire’s The Rules of Investing podcast.

In this podcast, Spheria Portfolio Manager Matthew Booker discusses how he preserves capital in bear markets and outperforms in bull markets. The discussion with Livewire’s David Thornton includes:

where we are in the small cap cycle;
the opportunities Spheria are targeting;
capital preservation; and
the former market darling that’s back in business.

Key times:

1:50 – Where we are in the small cap cycle
3:30 – Lessons from the past year
5:30 – Preserving capital
6:50 – Outperforming without lithium
10:00 – Why the best is ahead for small caps and microcaps
11:00 – Filtering down an enormous universe of stocks
12:40 – “Inverse broker” indicator
14:00 – Investing in “legitimate growth”
16:55 – Red flags
21:20 – Takeovers
23:00 – Outlook for M&A
28:00 – Return of an unloved market darling?
35:30 – A bottom-drawer stock (from New Zealand)

Disclaimer

This communication is prepared by Spheria Asset Management Pty Limited ('Spheria') (ABN 42‌ 611‌ 081‌ 326‌, Corporate Authorised Representative No. 1240‌979‌) as the investment manager of the Spheria Emerging Companies Limited ('SEC', 'Company') (ABN 84‌ 621‌ 402‌ 588‌) and Spheria Australian Microcap Fund (ARSN 611‌ 819‌ 651‌), Spheria Australian Smaller Companies Fund (ARSN 117‌ 083‌ 762‌), Spheria Global Microcap Fund (ARSN 627‌ 330‌ 287‌) and Spheria Opportunities Fund (ARSN 144‌ 032‌ 431‌) (‘the Funds’). Pinnacle Fund Services Limited ('PFSL') (ABN 29‌ 082‌ 494‌ 362‌, AFSL 238‌371‌) is the product issuer of the Funds. PFSL is not licensed to provide financial product advice. PFSL is a wholly-owned subsidiary of the Pinnacle Investment Management Group Limited (‘Pinnacle’) (ABN 22‌ 100‌ 325‌ 184‌). The Product Disclosure Statement (‘PDS’) and Target Market Determination (‘TMD’) of the relevant Fund are available via the links below. Any potential investor should consider the PDS and TMD before deciding whether to acquire, or continue to hold units in, the Fund.

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