Buy Hold Sell, by Livewire Markets

9 practical tips to make you a more successful investor in 2022

Investors are always at risk of losing sight of the big picture. It's easy to become preoccupied with distracting detail at the expense of good judgement.

This can pay off every now and again – broken clocks tell the time twice a day, as the saying goes - but it doesn’t constitute intelligent investing over the long term.

In other words: don’t take shortcuts when investing. This is especially the case now. High valuations, the prospect of inflation, and rising interest rates mean that winners may be increasingly difficult to come by.

Our fund managers’ investing tips for 2022 cover the investing habits that will avoid shortcuts.

Doing due diligence and fundamental analysis are two of the many tips you’ll find in this wire. “Numbers over narrative,” as Talaria Asset Management founder Chad Padowitz puts it.

You can read an edited transcript below or watch the video: 

https://www.livewiremarkets.com/wires/want-to-level-up-your-investing-9-fundies-share-how/

 

9 bold predictions for 2022

When it comes to predictions, there are two types of articles that you'll find. The first type is where people put their minds to what might lie ahead, assess the prevailing conditions, and make a call on what they think will happen. They do so often against their will and with full knowledge that there is an even chance they'll get it wrong. But it is a bit of fun, and it gets the grey matter going.

The other type of article lectures us about how the evidence shows that making predictions is a mug's game. Today, we're going to assume you've read one of these lectures and move on to the fun stuff, thanks to the nine fundies who have given us their bold predictions for 2022.

Interest rates and inflation dominate the views of our guests and remain significant points of disagreement. They've also got their eyes on deflating bubbles in speculative investments, there's a contrarian view on why markets have years of clear skies ahead, and someone reckons the Wallabies will win the Bledisloe Cup! 

4 crowded trades to avoid in 2022

In behavioural finance, herd mentality refers to investors' tendency to follow the decisions of "the crowd". Throwing their own independent analysis to the wind, these investors bet their hard-earned savings on the "next big thing" capturing the market's attention.

From profitless growth stocks with frightening valuations, pumped-up retailers, reopening trades and of course, US tech, the danger for investors is that these so-called consensus trades can get crowded, overheat, and melt away to nothing. 

So, in this podcast, we asked eight expert fund managers to tell us about the crowded trades they believe could run out of steam in 2022. To read a transcript, click the link below: 

https://www.livewiremarkets.com/wires/the-crowded-trades-to-avoid-in-2022/

The #1 stock picks for 2022

Well, folks, it's the moment you've been waiting for. We've scoured Australia for the country's finest fund managers, who in this video, will share their highest-conviction call for the year ahead. And this year, we've pulled out the big guns.

For the first time, we've headed down to Melbourne to speak to top-performing fundies like global growth stock picker Nick Griffin and Aussie value investor Richard Ivers. And, of course, we sat down with some of Sydney's best portfolio managers as well (including the top-performing stock pickers from 2021).

A quick look at previous year's picks shows our fundies' favourite stocks reward close attention. In 2021, our 10 fundies picks delivered a total return of 45.14% (when viewed as an equal-weighted portfolio), beating the S&P/ASX All Ordinaries and MSCI World Index's returns of 10.93% and 18.43% respectively year to date.

I know, I know - 2021 was a good year. However, during tumultuous 2020, our fundies picks managed to generate a return of 13.88%, beating the benchmark by a whopping 10.26%.

Meantime, in 2019, our fundies selections roared to deliver a total return of 59% (an outperformance of 35.86%).

If you would prefer to read a transcript, or watch a video, check out the link below: 

https://www.livewiremarkets.com/wires/the-1-stock-picks-for-2022

Our featured experts include:

• Anthony Aboud, Perpetual Asset Management 
• Chad Padowitz, Talaria Asset Management
• Eleanor Swanson, Firetrail Investments 
• Nick Griffin, Munro Partners 
• Simon Shields, Monash Investors 
• Richard Ivers, Prime Value Asset Management
• David Moberley, Paradice Investment Management
• Mark Landau, L1 Capital 
• Hamish Carlisle, Merlon Capital 
• Adrian Martuccio, Bell Asset Management 
• Bob Desmond, Claremont Global 
• Dean Fergie, Cyan Investment Management 
• Matthew Kidman, Centennial Asset Management 
• Nick Pashias, Antares Equities 
• Steve Johnson, Forager Funds 
• Steve Black, Pengana Capital Group 
• Chris Demasi, Montaka Global Investments 
• Michael Steele, Yarra Capital Management

The 5 bulls (and 3 bears) you‘ll meet in 2022

2021 was undoubtedly a year for the bulls. If you were fully invested in the S&P 500 on January 1st, you made a very handy return of almost 22%. And remember - that’s after having already recovered the losses of 2020.

2022 will be more of the same according to most of our fundies.

Of the nine we interviewed, five were bullish and three were bearish.

The arithmetic "quickdraws" among you will realise that this only adds up to eight. Chad Padowitz’s call snuck through to the keeper. He sounds bearish but we'll let you decide. We’ll be sure to hold you to a call next year, Chad.

You can read or watch the video below: 

https://www.livewiremarkets.com/wires/the-5-bulls-and-3-bears-you-ll-meet-in-2022

Ouch! Fundies reveal their worst calls from 2021

With the S&P 500 and the S&P/ASX 200 racing ahead approximately 27% and 10% in 2021, it's fair to say investors have had a surprisingly good year. Despite the ups and downs of COVID-19 (of which we are still suffering through now), lockdowns, and border closures, if investors were fully invested, they would have walked away with truly impressive returns over the past 12 months. 

That said, there are always some positions that hurt more than others, which cause both headache and heartache as we watch their share prices fall lower and lower. 

And while it's easier said than done to cut your losses, as revealed in this video, it can sometimes pay to stay convicted in a poorly performing position. 

As part of our annual Outlook Series, we took it to nine of Australia's most respected fund managers to share their worst trade of 2021. From companies that saw their share prices halve during the year, to calamity over a capital raising, an IPO gone wrong and an opportunity forgone, our Sydney-based fundies candidly reveal the painful positions (or lack thereof) that kept them up at night during the 12 months just past. 

Plus, they share the lessons they took away from these headaches so you can better invest in 2022.   

Our featured experts include:

• Simon Shields, Monash Investors 
• Eleanor Swanson, Firetrail Investments 
• Steve Johnson, Forager Funds 
• David Moberley, Paradice Investment Management 
• Hamish Carlisle, Merlon Capital Partners
• Chris Demasi, Montaka Global Investments 
• Bob Desmond, Claremont Global 
• Anthony Aboud, Perpetual Asset Management 
• Matthew Kidman, Centennial Asset Management 

The dogs and darlings of 2021 (and the stocks to watch in 2022)

Just like Tim Paine for cricket fans, La Niña ruining Summer plans, or the new Home Alone reboot (or as some people call it, a colossal waste of time), the S&P/ASX 200 has had a handful of disappointments (or dogs, if we are being honest) in 2021. 

Every portfolio has at least one - or a few - and even the professionals will make some bad calls. But with the Index racing around 10% ahead since the beginning of 2021 (despite inflationary fears, lockdowns and new COVID variants), there has also been a fair share of darlings. 

So in this end of year special, Livewire's James Marlay is joined by Tribeca Investment Partners' Jun Bei Liu and Market Matters' James Gerrish for their take on the highs and lows of 2021. 

Plus, they also point to the headwinds and tailwinds investors should look out for over the year ahead, as well as a few winning stocks that could soar in 2022. 

Note: This episode of Buy Hold Sell was shot on Tuesday 7th December 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/the-dogs-and-darlings-of-2021-and-the-stocks-to-watch-in-2022/

Buy Hold Sell: 5 stocks with sparkling New Year‘s resolutions

In exactly two weeks, 2021 will be behind us. And what a year it has been. New lockdowns, new COVID strains, and an ever-volatile market that continues to push higher.

As with every new year, comes the lauded tradition of resolutions (New Year, new you - right?). Whether it's continuing on with the good work you put in in 2021 (like investing each month or finally making use of that gym membership), changing that undesirable habit (like, ahem, a pledge to stop ordering Uber Eats), or finally taking a holiday in 2022.

Just like us, some of our local listed stocks have sparkling plans for the New Year. Think mergers and acquisitions, new product launches, and new CEOs - set to help these Aussie stocks soar over the year ahead.

So in the final episode of Buy Hold Sell for the year, we invited Tribeca Investment Partners' Jun Bei Liu and Market Matters' James Gerrish to share their thoughts on three businesses with big plans for 2022.

And just because we can't bear to leave you all in 2021 without a stock pick, Jun Bei and James name two winning stocks with big plans for the year ahead.

Thanks for watching Buy Hold Sell this year, we hope you enjoyed it as much as we did.

Note: This episode of Buy Hold Sell was shot on Tuesday 7th December 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-5-stocks-with-sparkling-new-year-s-resolutions/

Buy Hold Sell: 3 Christmas specials and 2 for a turnaround

It's beginning to look a lot like Christmas. Fairy lights are out in force, sky-high pine trees adorn every office, and Australian's are out painting the town a festive shade of red.  

And while we have suffered through a touch of volatility over the past few weeks (thanks to a new COVID-variant), December, as it has in previous years, has started out with a bang. 

The S&P/ASX 200 has lifted nearly 2% over the past week. But there are still some stocks that could rally further as we head into the New Year and beyond. These include Tyro Payments and Harvey Norman, both of which could benefit from the annual Christmas rush, as well as Qantas Airways - whose planes are already taking off (both domestically and internationally) while its share price stalls. 

In this Christmas special, Livewire's James Marlay is joined by Tribeca's Jun Bei Liu and Market Matters' James Gerrish for their thoughts on these three beaten-down stocks. Plus, they also name two stocks that are ready for a turnaround in 2022. 

Note: This episode of Buy Hold Sell was shot on Tuesday 7th December 2021. You can read to an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-3-christmas-specials-and-2-for-a-turnaround/

Buy Hold Sell: 3 of 2021‘s hottest IPOs and 2 to look forward to

Even though the world feels like it has become increasingly divided in 2021, there have been a handful of moments that each and every one of us can celebrate. After all, we finally freed Britney, the Toyko Olympics didn't let Delta rain on its parade, and Australian businesses have survived more lockdowns than we would have liked and come out on the other side bigger and better than ever.  

In fact, there have been 153 initial public offerings on the ASX this year, up from just 67 in 2020. That's an increase of more than 153%. And in case you thought 2020 may have just not been a great year for IPOs - it was the year "coronavirus" became a household name, after all - there were 64 in 2019 (according to IPO watch). 

That said, only a handful of this year's IPOs have caused a media frenzy and captured the public's attention. So in this episode, Livewire's Ally Selby is joined by Ausbil Investment Management's Arden Jennings and Wilson Asset Management's Tobias Yao for their thoughts on three of 2021's most anticipated IPOs. 

Plus, with 2022 only four weeks away (we did it!), they share two for you to look out for over the year ahead. 

Note: This episode was filmed on Wednesday, 24th November 2021. You can read an edited transcript below:

https://www.livewiremarkets.com/wires/buy-hold-sell-this-year-s-hottest-ipos-and-2-to-look-forward-to