Question: How do you distinguish where the line is between researching a company by speaking with representatives, site visits, and market research… When does it become crossing the line to inside information? Also, it always intrigued me how much institutional and money manager collaboration there is when it comes to ideas?
Good question- I imagine that the line depends on how much money the potential investor has. Like everything , the more you have the more doors are open to you , the masses get to stand at the gates looking in , and wondering ' what's going on in there 😂😂
If the information is open to the public then it’s not insider trading. If anyone from the public can do what you’re doing and ask the questions you are asking, then you aren’t gathering insider information.
@AussieZeKieL the problem is that "anyone" is not privy to the same information. Do you honestly believe that you and W Buffett walk into a company seeking info , and walk out with the same info ? This is clearly what the OP is talking about, not the information we can all get online or from other public access forums.
Could you lads do an episode dealing with the upcoming (Generational Wealth Transfer) over the next 10-20 years and how it is going to affect Property - Shares & Super.
The WAM suite of LICs are slightly different to the more conservative LICs like ARG and are treated by the ATO differently. WAM create profits by actively trading and turning over the portfolio multiple times during the year. ARG are more conservative and do not turn over their portfolio as often. If there has been a forced sell like a takeover and it is profitable ARG will pass this on as an attributable component which can be advantageous to shareholders who can claim this as a tax deduction as the amount in tax has already been paid by ARG. AFI is another example who fits into this category of LICs.
Question: How do you distinguish where the line is between researching a company by speaking with representatives, site visits, and market research… When does it become crossing the line to inside information?
Also, it always intrigued me how much institutional and money manager collaboration there is when it comes to ideas?
Good question- I imagine that the line depends on how much money the potential investor has. Like everything , the more you have the more doors are open to you , the masses get to stand at the gates looking in , and wondering ' what's going on in there 😂😂
If the information is open to the public then it’s not insider trading. If anyone from the public can do what you’re doing and ask the questions you are asking, then you aren’t gathering insider information.
@AussieZeKieL the problem is that "anyone" is not privy to the same information. Do you honestly believe that you and W Buffett walk into a company seeking info , and walk out with the same info ? This is clearly what the OP is talking about, not the information we can all get online or from other public access forums.
Great interview, what an inspirational man!
Very helpful, 👍👍👍
Could you lads do an episode dealing with the upcoming (Generational Wealth Transfer) over the next 10-20 years and how it is going to affect Property - Shares & Super.
Did he mention franking credits 🤔
The WAM suite of LICs are slightly different to the more conservative LICs like ARG and are treated by the ATO differently. WAM create profits by actively trading and turning over the portfolio multiple times during the year. ARG are more conservative and do not turn over their portfolio as often. If there has been a forced sell like a takeover and it is profitable ARG will pass this on as an attributable component which can be advantageous to shareholders who can claim this as a tax deduction as the amount in tax has already been paid by ARG. AFI is another example who fits into this category of LICs.