Show Notes
Kerr Neilson, the legendary contrarian investor behind Platinum, lays out a bold case for why the next decade may belong not to AI darlings.
He argues markets are entering a period of profound disruption, pointing to geopolitical fragmentation, war in the Middle East, and fragile global oil supply as long-term threats- warning these forces are reshaping markets.
Beyond the macro themes, he offers practical insights for advisers: the dangers of crowded trades, the inefficiencies created by passive investing, and the importance of contrarian thinking in an ETF-dominated world.
His message is clear. The biggest opportunities often lie where capital has been scarce.
In this episode: 00:00 Why Contrarian Investing Still Works 03:00 Where ETF Crowding Creates Opportunity 06:00 How Oil Shocks Could Reshape Portfolios 08:42 Balancing Gold, Cash And Real Assets 11:20 What Samsung And Platinum Signal 16:10 Where Advisers May Find Mispriced Value
📈 Stocks and ETFs Mentioned: Samsung (KRX: 005930) Impala (JSE: IMP) Petrobras (NYSE: PBR) Sky Metals (ASX: SKY) Valterra Platinum (JSE: VTR)
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CPD Points: This episode is accredited for the following CPD points by the Financial Advice Association of Australia (FAAA). 0.50 Total Hours
Knowledge Requirements: Managed Investments (0.50 hour) | Legislated CPD Area: Technical Competence (0.50 hour)
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