Dear investors and well-wishers,
We recorded a strategy update with topics and timestamps below, and are now accepting applications on a weekly basis.
1:27 – Overview of investment strategy
2:10 – Love, explosive growth, Apple and Tesla
4:32 – Customer love: how we measure it
6:03 – Our long-term goals
6:50 – How can a company lose money and create value?
8:31 – Xero: A case study
10:30 – Square’s return on $32m of marketing
11:28 – The Amazon example
12:02 – What happened if you overpaid for Shopify or Afterpay a few years ago?
13:14 – Why you have to be on the right side of these shifts to perform
15:17 – Question: Do we still own Alteryx?
15:54 – Question: Thoughts on Fiverr and Upwork?
16:17 – Question: Our view on cryptocurrency?
18:20 – Question: How do you stay on top of 50 companies in your portfolio?
19:33 – Question: What are our thoughts on big tech?
21:38 – Question: What do we think of rising interest rates and inflation?
23:20 – Question: What scenario causes you to lose faith in a stock?
24:42 – Question: Do you have a view on the Australian dollar?
26:13 – Question: What is your view on using leverage in equity investing?
26:57 – Question: How much cash do you hold?
28:05 – Question: Are you still looking at daily liquidity for the fund? (We are now accepting weekly applications)
28:23 – Question: Views on Redbubble?
29:13 – Question: How do we model companies?
30:53 – Question: Will the fund look to make a distribution?
31:27 – Question: What is the outlook from here?