This week Pete and Steve speak to Alan Edmunds, a Sydney-based expert in investing in Australia small caps.Listen as Alan discusses:-Why your own personal life situation impacts your ability to invest in small caps (e.g. do you have a mortgage? relationship status? family commitments?). Understand where you are in your own life first-How to work out your own best method for investing to suit your own personality-Which sectors he looks in for high growth opportunities, and how to get confident in a company through -How Alan 'averages up' into a position when he finds a company with strong fundamentals -Why if you want to achieve big outperformance you need to throw the rule book out the window, remove old assumptions, and find your own method-How you need to think in probabilities, in investing and in life-Why investing in small caps is very different from other forms of investing-Specifically how to value and research small companies in detail-How and why to trim gains when hitting 3-4x initial outlayRecommended reading:Phil Fisher: The Path to Wealth through Common StocksGeorge Soros: The Alchemy of FinanceThanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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This week Pete and Steve meet self-managed superannuation expert Liam Shorte. They discuss with Liam:-what is the purpose of superannuation in Australia?-is self-managing super for everyone?-how much do you need to self-manage your super?-what does it cost to set up a self-managed super fund?-how much is enough to retire? -should you invest in property, stocks, bonds, gold, art, or other asset classes?-how active do you need to be? -what are the biggest mistakes people make when self-managing?-how do you wind up a SMSF? -the endgame: how do you most efficiently pass on wealth to your kids?You can get in contact with SMSF Coach Liam Shorte at the following places:https://smsfcoach.com.au/Twitter: @smsfcoach

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In this episode Pete and Steve chat to Peter Simpson-Morgan, legendary Australian fund manager at Perpetual and 452 Capital.Peter was known for his 'Peter Lynch' style of investing and in this extended episode generously shares his insight on how he manages his own money today, and much more .Books referenced -One up on Wall Street: How to use what you already know to make money in the market - Peter LynchThanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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In this episode we chat with Con Mickalakis, Chief Investment Officer of Statewide Super. We talk about our 8 timeless principles of investing with Con and if and how he thinks about them in his job. We also discuss the issues surrounding the management of large amounts of money and what he thinks about the economy and what we could potentially over the next 10 years in terms of asset returns.You can contact Con further at:Email: [email protected]: @MichalakisConThanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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Welcome to our new mini-series where we interview expert investors across different asset classes from around the traps. In this episode, Pete and Steve discuss investing in gold with Jordan Eliseo from the Perth Mint.Jordan works as the Manager – Listed Products and Investment Research for The Perth Mint, and has 25 years industry experience spanning funds management, superannuation and of course precious metals. He has also been an investor in gold since the early 2000s. He is an author of two books and publishes updates on financial markets and the gold market regularly. If you'd like to get in contact with Jordan his details are below:[email protected]: @jordaneliseoThanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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In the final episode of this mini-series, Pete and Steve discuss their final picks in their top 10 investment books of all time.Steve chooses:Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett the World's Most Famous Investor by Mary Buffett and David ClarkePete chooses:The Intelligent Investor: The Definitive Book On Value Investing by Ben Graham (revised edition with foreword by Warren Buffett and commentary by Jason Zweig)All of the books in this mini-series have been:- Robert J. Shiller - Irrational Exuberance- Robert G.Hagstrom - The Warren Buffett Portfolio: mastering the power of the focus investing strategy- Maggie Mahar - Bull: a detailed exposition of the 1982-2003 bull market in the United States.- Morgan Housel - The Psychology of Money: a broad ranging set of short essays on many of the aspects of money and wealth.- Michael Mauboussin - The Success Equation: Untangling Skill and Luck in Business, Sports, and Investing- Pete Wargent and Steve Moriarty - Low Rates High Returns: Timeless Investment Principles the Low Risk Way- William Poundstone - Fortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street- Nassim Nicholas Taleb - Antifragile - Mary Buffett and David Clarke - Buffettology: The Previously Unexplained Techniques That Have Made Warren Buffett the World's Most Famous Investor- Ben Graham- The Intelligent Investor: The Definitive Book On Value InvestingThanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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In this episode Pete and Steve discuss their next two selections in their Top 10 Investment Books.Steve choosesFortune's Formula: The Untold Story of the Scientific Betting System That Beat the Casinos and Wall Street by William Poundstone.And Pete chooses Antifragile by Nassim Nicholas Taleb.Thanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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In this episode Pete and Steve choose the next two books in their top 10 investment books.This week their selections are:1. Michael Mauboussin - The Success Equation - Untangling Skill and Luck in Business, Sports, and Investing2. Pete Wargent and Steve Moriarty - Low Rates High Returns - Timeless Investment Principles the Low Risk WayOther books referenced:Bill Bryson - A Short History of Nearly EverythingThanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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Following on from last week, Pete and Steve chat about two books they think offer investors some insights into wealth building and investing in general. The books actually compliment each other even though they address different aspects of wealth building and investing. The books are:1. "Bull" by Maggie Mahar - a detailed exposition of the 1982-2003 bull market in the United States.2. The Psychology of Money by Morgan Housel - a broad ranging set of short essays on many of the aspects of money and wealth.Thanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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In this episode Pete and Steve nominate two of their favourite ever books on investing. Books referenced:- Robert J. Shiller - Irrational Exuberance - Robert G.Hagstrom - The Warren Buffett Portfolio: mastering the power of the focus investing strategy- Stephen Jay Gould: Full House: The Spread of Excellence from Plato to DarwinThanks for listening!Download a free copy of our latest book, Total Money Management – How to escape the rat race and unlock your financial independence.www.gonextlevelwealth.com.au/podcastPete Wargentwww.petewargent.com/www.linkedin.com/in/pete-wargent-37228322/Stephen Moriartytwitter.com/SGM63

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