Certainty Is Absurd

One of our aims in teaching investment strategy is helping people get comfortable with uncertainty. It runs against the human condition, which is exactly why we lean so heavily on market history and evidence. We do not hold to any political or economic ideology. We would rather look at the numbers, and we think expensive markets become cheap and cheap markets become expensive, in time.

It is one of the most searched questions in finance, and it spikes every time markets wobble. Nobody can call the timing, not us, not any fund manager. What is more useful than a prediction is understanding where valuations actually sit, and building a portfolio that does not need to guess the top.

This week Steve, Jacob and Tom cover the shifting global order, why America is pulling back from being the world's policeman, and what that means for trade and tariffs. Then it is home turf: why Australian investor loans have dried up, what the end of negative gearing incentives on new builds really means, and why blanket "average return" statistics for property and super are misleading. Free listeners get the full episode.

Every episode gets a full show notes document for Premium members: the session map, the five key takeaways, the chapter by chapter breakdown, and the stocks we are actually watching. Free listeners get the audio. Premium members get the whole session in writing.

Getting comfortable with uncertainty starts with knowing your own wiring. Our free investor personality assessment, built on the Enneagram framework, takes ten minutes and shows you your archetype, your strengths, and the blind spots that cost you money.