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Equity Mates Investing Podcast
Expert: Luke Laretive - High conviction stocks in Aussie small caps
Nov 25, 2024
In this episode, Luke Laretive, a financial advisor and founder of Seneca Financial Solutions, shares his expertise on Australian small-cap stocks. He reflects on lessons from his fund's first anniversary and offers insights from a recent mining trip in Western Australia. Luke discusses the misconceptions of larger financial institutions and shares his top three high conviction stock picks. He also delves into trends in the iron ore and lithium markets, emphasizing the importance of thorough research and firsthand experiences in making investment decisions.
44:08
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Quick takeaways
- Luke emphasizes the importance of understanding market fundamentals and utilizing research to challenge the prevailing narratives surrounding stocks.
- Identifying a company's value requires patience and conviction, as immediate market reactions do not always reflect intrinsic worth.
Deep dives
Price Cuts and Market Positioning
Mint Mobile has significantly reduced its unlimited plan price from $30 to $15 a month, highlighting its strategy to remain competitive in the wireless market amid rising prices by larger telecommunications companies. The discussion emphasizes how Mint Mobile challenges the norm in the industry, which often relies on inflation-driven price hikes as justifications. This aggressive pricing strategy is expected to attract new customers looking for affordable options, potentially increasing market share. The legal team's responses to inquiries about contract violations reflect the often complex and opaque nature of telecommunications contracts, which Mint confronts by prioritizing customer value.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode