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The Rules of Investing

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

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
Number of ListenersCategories
InvestingBusiness

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Artwork for The Rules of Investing

Latest Episodes

Small industrials have fallen more than 20% from their highs, but Chris Stott thinks the best buying opportunity is still ahead. So what would convince him it’s time to buy? In this episode of The Rules of Investing, 1851 Capital’s CIO explains the s... more

YouTube

Last time veteran property invesrtor Andrew Parsons joined The Rules of Investing, he warned that Australia had its head in the sand on the prickly issue of housing. Fast forward two years, and affordability and the supply of new housing remain unres... more

YouTube

Dr David Allen from Plato Investment Management examines how behavioural biases shape investment decisions. His presentation covers overconfidence, the hot hand fallacy, loss aversion, anchoring, base rates, herding and confirmation bias.

Topics inc... more

A handful of powerful megatrends are driving trillions in investment. Here’s what’s behind them and how investors can gain exposure.

Speakers:

• EQT’s Sam Franklin focused on the energy infrastructure needed to power the digital economy.

• Munro P... more

Key Facts

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Recent Guests

Chris Stott
Chief Investment Officer at 1851 Capital
1851 Capital
Episode: Chris Stott: The small-cap buying opportunity is still ahead
Andrew Parsons
Chief Investment Officer of Resolution Capital with more than 30 years of global listed real estate investment experience.
Resolution Capital
Episode: 30-year property veteran: The only cure for housing is pain
Nick Griffin
Global growth equity investor focusing on AI megatrends
Global Growth Equity (Melbourne)
Episode: Four megatrends you need to know about (and how to play them)
Darko Kozmanovic
Co-manager, mining and natural resources investor
Livewire/Equity portfolio team
Episode: Four megatrends you need to know about (and how to play them)
Todd Barlow
CEO of Soul Patts
Soul Patts
Episode: Soul Patts has 20% in cash. Todd Barlow says everything else has to earn its place
Iona Dent
Associate Portfolio Manager for Global Growth Equity Strategy at T. Rowe Price
T. Rowe Price
Episode: Why T. Rowe Price’s Iona Dent believes it’s not time to leave the equities party yet
Dr. Philipp Hofflin
Portfolio manager and analyst at Lazard Asset Management
Lazard Asset Management
Episode: Hofflin: Big moves are creating great value on the ASX
Vihari Ross
Portfolio manager at Antipodes Partners
Antipodes Partners
Episode: The index is risky. Why Antipodes is finding value beyond the AI trade
Seb Mullins
Head of multi-asset and fixed income at Schroders
Schroders
Episode: Inside Schroders' inflation-beating 'sleep at night' portfolio

Hosts

James Marlay
Host of the show, widely featured across episodes; longtime Livewire Markets presenter.
Chris Conway
Host of the show; frequent guest-host and contributor from Livewire Markets.

Reviews

4.6 out of 5 stars from 405 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
    Australia6 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.

several reviews mention strong host preparation and thoughtful questions.
listeners praise the depth and practicality of insights and guest quality.
some critics note volume/production issues in a few episodes.

Chart Rankings

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

Apple Podcasts
#219
United Kingdom/Business/Investing
Apple Podcasts
#23
Australia/Business/Investing
Apple Podcasts
#49
Australia/Business
Apple Podcasts
#105
New Zealand/Business/Investing
Apple Podcasts
#163
Japan/Business/Investing
Apple Podcasts
#181
Norway/Business/Investing

Talking Points

Recent interactions between the hosts and their guests.

Chris Stott: The small-cap buying opportunity is still ahead
Q: What went wrong there, and is there anything that you still think needs fixing?
Stott attributes Bapcor's decline mainly to internal issues, including leadership changes, balance-sheet stress and an emergency capital raising. He sees a turnaround under the current leadership, with the retail business still needing improvement, while debt reduction and better customer service support his thesis.
Chris Stott: The small-cap buying opportunity is still ahead
Q: Do you think that the sell-off that we've seen there is the buying opportunity that you spoke about, or do you think that's still to come?
Stott thinks the opportunity is still ahead but getting closer. He is watching for capitulation, earnings downgrades accompanied by rising share prices, falling three-year bond yields and a clearer outlook for interest rates.
30-year property veteran: The only cure for housing is pain
Q: How do you see it playing out here?
Parsons says Australia lacks an easy housing-affordability fix and needs to encourage housing supply more effectively. He criticizes proposals that do not address the shortage and says the problem is likely to persist.
30-year property veteran: The only cure for housing is pain
Q: How long do you see that kind of dynamic, where there is just no new supply coming into the market, persisting?
Parsons says the imbalance will resolve through materially higher rents that make development viable, or through an economic recession that reduces demand. He says land prices also need to correct.
Soul Patts has 20% in cash. Todd Barlow says everything else has to earn its place
Q: With cash now offering a meaningful return, what does an investment have to offer to justify taking equity risk?
The guest notes that acceptable returns depend on the risk profile; for infrastructure-like ventures backed by long-term contracts, they might accept higher equity returns (around 10-11%), but for private companies they target well over 20% IRR, emphasizing compensation for risk and the need for a view on the risk-reward balance.

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?

This program-style show leans into high-level investing conversations with Australia's top fund managers, macro strategists, and finance industry leaders. Across episodes, listeners hear rigorous thinking on AI-driven trends, the investing cycle in seasonally sensitive sectors like mining and energy, and pragmatic portfolio construction—from risk controls and stock ideas to governance and activism. Noteworthy are frequent deep dives into AI's impact on earnings durability, the dynamics of private markets and catalysts for long-term value, and actionable ideas drawn from real-world portfolios. The format tends to blend concept with case studies, offering both macro context and specific stock or sector theses that appeal to professional inves... more

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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. Australian Investors Podcast
3. The Money Puzzle
4. Chanticleer
5. The Call from ausbiz

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.

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What guests have appeared on The Rules of Investing?

Recent guests on The Rules of Investing include:

1. Chris Stott
2. Andrew Parsons
3. Nick Griffin
4. Darko Kozmanovic
5. Todd Barlow
6. Iona Dent
7. Dr. Philipp Hofflin
8. Vihari Ross

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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