50th episode special with Hamish Douglass

The Rules of Investing

Livewire Markets

After two years on the air, The Rules of Investing marks its 50th episode with a very special guest; Hamish Douglass, co-founder, Chairman, Chief Investment Officer, and Lead Portfolio Manager of Magellan Asset Management Limited.

In this exclusive, in-depth interview, Hamish opens up about several topics that he rarely discusses. We hear about the first investment he ever made, how he invested his entire personal wealth in a single asset (and why it was so successful), and some of the challenges he faced in the early years of Magellan. He also discusses what it would take to see a pick-up in inflation and how likely he thinks that scenario is, why he’s confident owning US-listed Chinese mainland companies, and the big investment trends he expects to succeed and fizzle out over the coming decade.

Tune in below for this special episode.

Further reading and listening:

Time stamps:

  • 1:45 - Hamish’s first investment
  • 5:13 – The biggest challenges since starting Magellan
  • 9:12 – Hamish’s view on the future of listed funds management in Australia
  • 14:03 – What would it take to see a break out in inflation?
  • 20:12 – Economic risks under a ‘President Warren’ scenario
  • 26:00 – How likely are we to see Warren winning the next election?
  • 28:31 – The issue with legal rights ownership on US listed Chinese companies
  • 33:45 – Global investing trends to continue for the next 5 years
  • 36:57 – And current trends that won’t hold
  • 39:48 – What does 2020 look like for Magellan?
  • 42:15 – Hamish answers our favourite questions

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The Rules of Investing is one of Australia's top investing podcasts. We interview the leading investment minds from Australia and overseas to better understand their processes and philosophy. After launching in October 2017, there have been over...

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