Wealth of Experience
Every fortnight, the podcast discusses key investment issues to help build your wealth. Morningstar's James Gruber hosts regular guests Graham Hand and Peter Warnes, as well as investment industry leaders and fund managers.
Graham Hand has over 40 years of experience in financial markets, including Group Treasurer and Managing Director Treasury roles at major banks. Graham is the Co-Founder (with Chris Cuffe) and Managing Editor of Firstlinks (previously Cuffelinks), a leading financial newsletter with 100,000 readers. Firstlinks was acquired by Morningstar in 2019 and Graham is now Editorial Director.
Peter Warnes is the Head of Equity Research at Morningstar and Editor of Your Money Weekly. He originally joined Aspect Huntley as Head of Research in 1992 which was acquired by Morningstar in 2006, giving him 30 years in the Morningstar stable. He is widely quoted in the media for his stock calls and deep market analysis.
Podcast host, James Gruber, is an assistant editor at Firstlinks and Morningstar. He has more than 10 years experience in finance. He was Portfolio Manager of Asian Equities at AMP for two years, and prior to that a leading sell-side analyst at CLSA across Asia for five years. He started off in TV and radio news journalism at the ABC and was the Executive Producer of the 7pm ABC TV news bulletin in Canberra.
Episodes
23 episodes
2024 ASX opportunities, investing alongside wealthy families, smart beta | 10 Jan 2024
Season 2, Episode 15In this week's Wealth of Experience podcast, we have Peter Warnes on ASX opportunities for 2024, East 72's Andrew Brown on why he likes owners with 'skin in the game', including English soccer giant, ...
US recession risks, a simple wealth-creating strategy, Warnes' 2024 outlook | 13 Dec 2023
Season 2, Episode 14Richard Rauch, Investment Director at Brandywine Global, gives a fascinating tour of the global economic landscape. He says economic normalisation post Covid is almost done, the inflation scare is over and the...
Commercial property fallen angels, PE update, Bullock's hawkish ways | 29 Nov 2023
Season 2, Episode 13After a glorious decade, private assets are being tested by a higher interest rate environment. Commercial property is at the forefront of that, and Steven Bennett, CEO of Direct Property at Charter Hall, join...
Airlie's Matt Williams, digital gold, and Warnes on investor complacency | 15 Nov 2023
Season 2, Episode 12Special guest Matt Williams, Head of Australian Equities at Airlie Funds Management, explains the investment approach that's resulted in his firm having market-leading returns. And he details recent investment...
UniSuper's John Pearce, today's GFC echoes, LICs update | 1 Nov 2023
Season 2, Episode 11Special guest John Pearce, Chief Investment Officer at UniSuper, explains why the 60/40 portfolio is far from dead, that governments not central banks are to blame for the recent inflationary spiral, why histo...
Trading vs boredom, tax-free super, 2024 global recession? | 18 Oct 2023
Season 2, Episode 10James Gruber looks at how investors are saturated with market commentary: overweight this, underweight that, or ride this long-term theme. The hardest thing is often too resist all of that and do nothing. Yet t...
Noel Whittaker on retirement, more LICs should close, bond carnage implications | 4 Oct 2023
Season 2, Episode 9Special guest Noel Whittaker, best-selling author and personal finance guru, offers his key tips for making the most of your retirement. He discusses the mistakes that people make with SMSFs, why super remains a...
Boost dividend income, free investing, managing stars | 20 Sep 2023
Season 2, Episode 8Special guest Rudi Minbatiwala, Head of Equity Income at First Sentier, explains why he thinks buying high-yield, dividend-paying stocks is a flawed way to get consistent income from the ASX. He reckons there ar...
Money manager lessons, Labor's next tax targets, reporting season wrap | 6 Sep 2023
In this week's episode, we welcome special guest, Ophir Asset Management Founder and Senior Portfolio Manager, Andrew Mitchell. Recently, Ophir celebrated the 10-year anniversary of its Opportunities Fund, which has returned more than 21% since...
Value amid China rubble, longevity and returns, CBA result read-through | 23 Aug 2023
In this week's episode, we welcome special guest, Platinum Asset Management CEO, Andrew Clifford. There are few countries more hated by investors than China and that's piqued Andrew's interest. He sees opportunities in stocks with major tailwin...
Super funds' BIG problem & retiree fears of running out of money | 9 Aug 2023
In this week's episode, we welcome special guest, John Abernethy. John is the Founder and Chairman of Clime Investment Management. He's seemingly done it all across 40-plus years in investing, from managing multi-asset portfolios, to venture ca...
Commercial property opportunities, interest rate outlook, home ownership vs super | 26 Jul 2023
In this week's episode, we cover the hot topic of real estate. Our special guest is global listed property expert, Andrew Parsons of Resolution Capital, who's turned from sector bear to optimist. As the market marks down the sector, Andrew sees...
ETFs vs managed funds, market outlook, Peter Thornhill on building income for life | 12 Jul 2023
In this week's episode, author and speaker, Peter Thornhill, is our special guest, and he'll discuss his secrets to beating the market, including owning high quality industrials and LICs, and holding them forever. Firstlinks' Graham Hand addres...
Building an all-weather portfolio, CGT, RBA Governorship, 4 long-term market themes | 28 Jun 2023
Graham Hand discusses the ins and outs of capital gains tax, and whether the RBA Governor should keep his job.Peter Warnes outlines four of his favourite long-term market themes.And special guest, Morningstar global CIO Dan Kemp...
$3m super tax, Aussie large cap headwinds, energy transition issues | 14 Jun 2023
Graham discusses how the $3m super tax will work and how it changes the investment options for investors with large amounts.Meanwhile, Peter outlines the headwinds for large-cap banks and miners and where to look outside the sectors. He...
House prices, chat with Jacob Mitchell, pension asset test, chasing infrastructure | 29 Sep 2021
Graham and Peter buy into the moves to control house prices, massive debate on age pension assets test, interview with Antipodes Jacob Mitchell, buyers chase long-term assets.
Travel and property stocks, highs and lows, Fenton interview | 15 Sep 2021
Peter checks Stockland, Scentre, Qantas and Flight Centre, we discuss what 12-month highs and lows show, asset allocation of Jerome Powell, a couple of grumps plus interview with Sean Fenton of Sage Capital.
Profit winners and losers, franking credits, Baylis interview | 1 Sep 2021
Who won and who lost in August reporting, missing the point on franking, tax reform picks favourites, two grumps, Christian Baylis interview .
Buybacks, profit results and survey results | 18 Aug 2021
Company profits, Emma Fisher full interview, your views on retirement, buying houses and financial advice.
The more things change… rinse and repeat | 4 Aug 2021
Top 20 stocks then and now, Brambles, defining income, performance fees, Nick Griffin’s outlook.
Top stock picks and not running out of money | 21 Jul 2021
Peter reveals some top stock picks with an emphasis on long-term assets like Sydney Airport, Graham discusses spending in retirement and valuing assets, the key to Amazon, guest Andrew Lockhart.Send your feedback or questions to