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The Rules of Investing

Livewire Markets
Artificial Intelligence
Interest Rates
Inflation
Investment Strategies
Australia
Private Equity
Asset Allocation
Private Credit
ASX
Small Caps
US Economy
Etfs
Dividends
Macroeconomic Trends
Public Markets
Australian Economy
Gold
Financial Advisors
Alphasense
Private Markets

The Rules of Investing is one of Australia’s longest-running business podcasts, providing investors with unparalleled access to the ideas and insights of Australia’s leading fund managers, economists and industry experts. Learn how the industry’s best invest, with the help of Livewire’s James Marlay and Chris Conway. Whether you’re new to investing or a seasoned professional, this podcast is for y... more

PublishesWeeklyEpisodes100Founded9 years ago
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InvestingBusiness

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Artwork for The Rules of Investing

Latest Episodes

Hedley Widdup from Lion Selection Group joins The Rules of Investing to discuss why the resources cycle may still be in its early stages, the outlook for gold and copper, and where he is finding opportunities among Australian micro-cap miners.

In th... more

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Samantha Wong was employee #1 at Blackbird Ventures, the largest shareholder in design software giant Canva and one of Australia’s most influential venture capital firms. When Sam joined Blackbird in 2015, the Australian VC ecosystem was in its infan... more

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While the market obsesses over volatile AI software and tech start-ups, global private equity giant EQT says the real money is being made in the physical layer. In this episode of The Rules of Investing, Ken Wong, Partner and Head of Asia Pacific Inf... more

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While the market's gaze is fixed on the horizon, the ground beneath quality stocks has shifted, delivering the toughest period of performance since the lead-up to the GFC. But as the saying goes, “it’s always darkest before dawn.” In this episode of ... more

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Key Facts

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Recent Guests

Samantha Wong
General Partner at Blackbird Ventures
Blackbird Ventures
Episode: Backing generational companies with Blackbird’s Samantha Wong
James Abela
Portfolio Manager at Fidelity International
Fidelity International
Episode: James Abela: The high-stakes search for Quality
Chris Watling
CEO and Chief Market Strategist at Longview Economics
Longview Economics
Episode: Chris Watling on AI, inflation, oil and the fragile foundations beneath markets
Joel Fleming
Portfolio Manager at Yarra Capital
Yarra Capital
Episode: There’s always a bull market somewhere
Aaron Binsted
Portfolio Manager and Analyst at Lazard Asset Management
Lazard Asset Management
Episode: Lazard’s recipe for growing dividends with less volatility
Nick Griffin
Chief Investment Officer at Munro Partners
Munro Partners
Episode: Nick Griffin: The good, the bad and the ugly
Raphael Lamm
Co-founder and Co-CIO of L1 Capital
L1 Capital
Episode: “Less than halfway through the gold story”, L1 Capital launches high-performing strategy via new LIC
James Hawkins
Head of L1 Capital's Catalyst Fund
L1 Capital
Episode: The ‘unloved’ stocks fuelling a 30% year in L1 Capital’s Catalyst Fund
Ryan Donnar
Managing partner and investment committee member at Privity Credit
Privity Credit
Episode: Returns today, risk tomorrow. The next shakeout will show who got lending right

Hosts

James Marlay
Host of The Rules of Investing
Chris Conway
Host of The Rules of Investing

Reviews

4.7 out of 5 stars from 402 ratings
  • Always Insightful

    Love this podcast…they always dig into unique and interesting topics. Every episode I learn something new and take away a quality idea or insight. Keep up the good work!

    Apple Podcasts
    5
    Curly Raw
    Australia2 months ago
  • Excellent podcast

    Great podcast and love the key questions at the end in particular the five year stock

    Please get rid of the trailers - just post the main one

    Apple Podcasts
    5
    cp Aus
    Australia2 years ago
  • Vested Interests

    Lots of guests talking their own book

    Apple Podcasts
    1
    Parker..
    Australia3 years ago
  • Patrick Poke was better.

    I used to really like this podcast. It went straight downhill after Patrick Poke left and it continues to go downhill IMHO. Unsubscribed, no longer interested

    Apple Podcasts
    1
    rudevics
    Australia3 years ago
  • Needs more Gusto Ally

    Generally a great podcast, but recent episode sounded like host was in a bunker

    Apple Podcasts
    4
    aaronfgray
    Australia3 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Listeners appreciate the depth, practical investment takeaways, and high-caliber guests.
Sound quality and production sometimes cited as an area for improvement but overall strong.
Some feedback notes guests talking their own book in places.
The host's preparation and interview style are frequently praised, making it a trusted source of market insights.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#18
Australia/Business/Investing
Apple Podcasts
#33
Australia/Business
Apple Podcasts
#227
France/Business/Investing
Apple Podcasts
#17
Ireland/Business/Investing
Apple Podcasts
#65
New Zealand/Business/Investing
Apple Podcasts
#67
Ireland/Business

Talking Points

Recent interactions between the hosts and their guests.

Backing generational companies with Blackbird’s Samantha Wong
Q: If markets would shut for five years and you could own shares in one company, which would it be and why?
Google would be the chosen company due to its AI leadership, integrated ecosystem with cloud and hardware advantages, and strong balance sheet to fund R&D, making it a durable interceptor of AI-driven value over the next five years.
Backing generational companies with Blackbird’s Samantha Wong
Q: What was the lesson from a big win or a big loss, and what happened and what was the lesson?
The big loss story centers on a missed Series A opportunity with Halter; despite that loss, the firm continued to back the company through later rounds, emphasizing the importance of staying close to generational founders and not abandoning a portfolio idea at seed stage, which ultimately allowed recovery and continued upside through subsequent rounds.
James Abela: The high-stakes search for Quality
Q: What have you learnt about investing through difficult times? How do you manage it?
The key lesson is to understand whether underperformance is transient or structural, maintain a clear process, and adjust only when there is strong conviction that the fundamental outlook has changed. He highlights trimming high-PE software exposures when AI-driven risks rise, and adding back into quality where companies remain durable and leadership-driven.
James Abela: The high-stakes search for Quality
Q: What's a question that you think people in my position should be asking you, but we never do?
James Abela emphasizes staying optimistic about long-term horizons while being disciplined about understanding why an underperformance period is happening, and to reassess at multiple levels (portfolio, industry, and stock) before repositioning. He also notes that results should be interpreted within the framework of a continued, defined process, not short-term euphorias.
Lazard’s recipe for growing dividends with less volatility
Q: If markets were to shut for the next five years, and you could only own shares in one company, which company would that be and why?
Main Freight would be my pick due to its resilient balance sheet, founder-led management, profitability measured by branches, and a track record of earnings growth and cash flow generation, which together provide a defensible, cash-generative business even in a prolonged downturn; its global footprint and diversification reduce idiosyncratic risk while offering upside from international expansion.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

Listeners per Episode
Gender Skew
Location
Interests
Professions
Age Range
Household Income
Social Media Reach

Frequently Asked Questions About The Rules of Investing

What is The Rules of Investing about and what kind of topics does it cover?

A practical, Australia-focused finance conversation series that gathers leading fund managers, economists, and investment professionals to discuss strategy, markets, and real assets. Episodes frequently center on active vs. passive approaches, thematic investing (AI, data centers, gold, property, private credit), and real-world portfolio ideas, with a strong emphasis on risk management, diversification, and capital allocation in a shifting macro environment. Noteworthy is the mix of high-profile fund managers and practitioners, a clear preference for deep-dive interviews, and a track record of actionable theses and case studies that readers can translate into client portfolios or sponsorship positioning.

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How many listeners does The Rules of Investing get?

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Which podcasts are similar to The Rules of Investing?

These podcasts share a similar audience with The Rules of Investing:

1. Buy Hold Sell, by Livewire Markets
2. Your Wealth
3. Australian Investors Podcast
4. The Money Puzzle
5. Chanticleer

How many episodes of The Rules of Investing are there?

The Rules of Investing launched 9 years ago and published 100 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact The Rules of Investing?

Our systems regularly scour the web to find email addresses and social media links for this podcast. We scanned the web and collated all of the contact information that we could find in our podcast database. But in the unlikely event that you can't find what you're looking for, our concierge service lets you request our research team to source better contacts for you.

Where can I see ratings and reviews for The Rules of Investing?

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What guests have appeared on The Rules of Investing?

Recent guests on The Rules of Investing include:

1. Samantha Wong
2. James Abela
3. Chris Watling
4. Joel Fleming
5. Aaron Binsted
6. Nick Griffin
7. Raphael Lamm
8. James Hawkins

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