Spring has arrived, and with it, the familiar buzz of the racing season in Melbourne - where form, endurance, and timing can make all the difference. It’s not just the horses gearing up for a big run - investors, too, are scanning the field for those rare “stayers” that can go the distance.

In this episode of Buy Hold Sell, we’re drawing inspiration from the track to talk about the enduring performers of the sharemarket - the companies that keep compounding, year after year, through every twist in the economic cycle. These are the market’s equivalent of the proven stayers: dependable, disciplined, and capable of delivering over the long haul.

Joining Livewire's Chris Conway to break down what makes a true long-term performer are Nick Pashias from Antares Equities and Marcus Ryan from Yarra Capital Management. 

We kick off by finding out whether the gents fancy a flutter during the Spring Racing Carnival or prefer to keep their bets confined to the stock market. We then explore what the term “quality compounder” really means to them - the traits, fundamentals, and track records that separate the contenders from the also-rans.

And of course, we’ll run the ruler over three proven “stayers”, before each guest reveals the one company they’d hold for the next five years (if they had to!).

Please note this episode was filmed on 22 October 2025.