Magic Markets

The income statement is the lifeblood of any business. Luckily, you don't need to be an accountant to understand what's going on there. As is usually the case, there are a few tricks you can use to identify the key areas of focus and the stuff that really matters.

Doing your own research isn't about spending endless hours on a set of financials. It's about knowing how to arrive at a reasonable answer as quickly as possible. In this show, we walk you through our approach to reading an income statement.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

After covering the building of a bull case in the previous week's show, we moved on to the other side of the coin: the bear case. This requires you to think creatively and dig deeper, as management won't dish out these nuggets and make it easy for you. After all, they are incentivised to drive the bull case.

This episode will help you learn where to look for some of the really important points in a bear case.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

When assessing stocks, it's so important think about the good and the bad, not just what you wanted to see going into the analysis. The world is grey, not black and white. Nothing is ever fully good or fully bad. By thinking critically about the positives and negatives, you'll improve your investing skills.

In this episode, we cover the type of thinking that goes into our Bull Box in Magic Markets Premium. In sharing our insights on how we develop a bull case for a stock, we hope that it assists in your process and exposes you to the thinking enjoyed by our Premium subscribers.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

As the world pays an increasing amount of attention to emerging markets and the concept of the Global South, India's outperformance vs. China remains an interesting topic. For South African investors, the strategy of a group like Sanlam is worth considering, as India offers an immense demographic dividend and a democratic environment in which to invest.

Other than a look at the reasons why India has performed well recently (especially relative to China), this show delves into the services nature of the Indian economy and the opportunities that this brings.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

Artificial Intelligence (AI) has been all the rage in recent times. Coming up just as quickly is quantum computing, an exciting new technology that has some potentially incredible use cases. To lift the lid on this trend and to identify how to consider investing in it, international geopolitical strategist Dimitri Zabelin joined us on this show.

If you enjoy Dimitri's work, and we strongly suspect that you will, you can check out Pantheon Insights on Substack.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

Picking stocks is one thing, but how do you bring all the pieces together to create a sensible portfolio that meets risk and return objectives? Portfolio construction is like the architecture of a house. Even with the best furniture inside that house, it doesn’t matter if the whole thing isn’t coherent and built to the right specifications for the owner.

To discuss portfolio construction, Craig Antonie of AnBro joined us on this show. Craig has built portfolios with growth, yield and quality themes, so his insights into this process are invaluable. For more information, visit the AnBro website.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

As the Nikkei had a terrible day of historical significance and the world held its breath for what might happen on the Nasdaq, those who did the research before the time and had their wishlist ready were in the perfect position to buy their favourite stocks at a sale price. This is the power of having your finger on the pulse of what you want to own and at what price. Only doing that thinking as a crash happens is far too late.

In this episode, we discussed the reasons for the "flash crash" - or is that just a correction? - including an explanation of the yen carry trade. We also worked through how to prepare for the opportunities that a major sell-down presents.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

The automotive sector is part of our daily lives, but does that mean it should be in our portfolios? Should the car in your garage drive an investment decision with your money?

To answer the question, we delved into recent performance of big names like Ford, General Motors, Toyota and BMW. Generally, they have underperformed the market index. In this podcast, we explain why.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.

With the news of President Joe Biden stepping away from the presidential race, all bets are now off when it comes to the outcome later this year. The importance of the US election cannot be overstated. No matter where you live in the world, the outcome makes a difference.

In this episode, Mohammed Nalla took the lead with his views on the Democrat vs. Republican policy approaches and what they could mean for developed and emerging markets. If you ever wondered whether you need to pay attention to US politics, this show will put that thought to bed once and for all.

This podcast is for informational purposes only and is not financial or investment advice. Please speak to your personal financial advisor.