Investing Compass

What happens when a 24-year-old with no investing experience raises billions of dollars, borrows even more and makes concentrated bets on the future of AI?

In this episode, Mark and Shani unpack the extraordinary story of Leopold Aschenbrenner and his hedge fund, Situational Awareness. 

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

Why do investors sell investments that have gone up while holding onto investments that have fallen? Shani and Mark explore the psychology of loss aversion and how it can lead investors into two very different but equally costly mistakes.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

Tax changes can have a big impact on investors, but what happens when the desire to minimise tax starts driving investment decisions? Shani and Mark look at the latest ETF flow data and what it might tell us about how investors are responding to Australia’s recent CGT changes. Record ETF inflows in July included a significant amount flowing into fixed interest and income ETFs - are investors changing their portfolios because of their investment goals, or because they are trying to avoid higher taxes?

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

We compare where Aussies are for traditional measures of wealth like net worth, income, savings rates and debt. Then, we compare it to the measures you should actually pay attention to.

You can find the article here.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

We run through game theory - and how investors may underappreciate the impact of expectations on investment and market performance.

You can find the full article here.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

We explore investment bonds - what they are, their tax advantages and the investors they may suit.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

Use these ratios to understand risk in your portfolio when you're conducting reviews.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

We take a look at what you pay for for your ETF, how not-for-profit (such as Industry Super) should not be taken at face value as 'cheapest', and what higher fees actually cost you.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

With new tax changes getting investors interested in income investments and ETFs for tax efficiency, we combine both and talk about income ETFs.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.

Are you following the old playbook to changing wealth? The environment has changed, so your assumptions should too.

You can find the full article here.

Would you like more free insights from Mark, Shani and the rest of the Morningstar team? You can find them here.

A message from Mark and Shani

For the past five years, we’ve released a weekly podcast to arm you with the tools to invest successfully. We’ve always strived to provide independent, thoughtful analysis, backed by the work of hundreds of researchers and professionals at Morningstar.

We’ve shared our journeys with you, and you’ve shared back. We’ve listened to what you’re after and created a companion for your investing journey. Invest Your Way is a book that focuses on the investor, instead of the investments. It is a guide to successful investing, with actionable insights and practical applications.

The book is now available! It is also available in Audiobook format from most sellers.

Purchase from Amazon or Purchase from Booktopia

To submit any questions or feedback, please email [email protected] or leave us a voicemail to feature on the podcast here.

Audio Producer and mixer: William Ton.

Hosted on Acast. See acast.com/privacy for more information.