The five-year test: Lev Margolin’s four-step process for finding structural winners
It’s hard to know what markets will do next week, let alone next year. But what if you could identify companies that will be in a stronger position five years from now?
That’s the approach taken by Lev Margolin, founder of System Capital, a Melbourne-based long/short strategy that’s delivered more than 22% per annum since inception. In this episode of The Rules of Investing, we unpack the four-step framework that guides his process, where he’s finding opportunities in a hot market, and the businesses he believes are quietly building long-term strength.
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Thanks to our Sponsor AlphaSense
This latest episode is brought to you by AlphaSense.
See what AlphaSense can do for your investment research—visit alpha-sense.com/livewire to get started.
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Inside the Soul Patts compounding machine
Soul Patts CEO Todd Barlow joins The Rules of Investing to unpack the firm’s merger with Brickworks, why he’s buying at cyclical lows, and how he’s positioning for the future of energy. He also shares why liquidity and humility matter when markets are running hot.
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Thanks to our Sponsor AlphaSense
This latest episode is brought to you by AlphaSense.
See what AlphaSense can do for your investment research—visit alpha-sense.com/livewire to get started.
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Magellan's value picks as sentiment soars
Markets are on fire and bubble talk is everywhere. So how should investors respond? In this episode, Magellan’s Arvid Streimann breaks down how to keep emotion out of your decisions, where he’s finding genuine value, and why he still believes in the power of brands and discipline.
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Thanks to our Sponsor AlphaSense
This latest episode is brought to you by AlphaSense.
See what AlphaSense can do for your investment research—visit alpha-sense.com/livewire to get started.
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Matthew Kidman: The two best times to make money in markets are coming
In this episode of The Rules of Investing, Centennial’s Matthew Kidman shares his playbook for the late stage of a structural bull market. He explains why valuations don’t matter (for now), how he found his first 10-bagger, and the standout management teams on the ASX. Plus, Kidman reveals why he’s still bullish on markets — and what could eventually bring it all undone.
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Warryn Robertson: The secret to owning the world’s best assets
Warryn Robertson has spent two decades investing in the assets that keep the world running — from toll roads to transmission lines and satellites. In this episode, he explains the rules for owning the world’s best assets, why getting the definition right matters, and what investors are getting wrong about markets today.
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Thanks to our Sponsor AlphaSense
This latest episode is brought to you by AlphaSense.
See what AlphaSense can do for your investment research—visit alpha-sense.com/livewire to get started.
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 you. New episodes are released every second Friday, available on Livewire Markets, Spotify, Apple Podcasts, and YouTube.
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