Premiership Portfolio

Come Monday morning, possibly sooner, players of 10 AFL clubs not participating in September will be putting on their costumes and heading to their chosen pub with serious intentions of improving the share prices of Heineken, Treasury Wine etc. I've asked footballers what they get up to on Mad Mondays and the common response is a sense of rewarding oneself for going through what is an incredibly difficult 10 month season, both physically and mentally, and without going too de

“The single greatest challenger you face as an investor is handling the truth about yourself” – Jason Zweig The way investors think and feel affects the way they behave when making investment decisions. These influences can be categorized and identified as behavioural biases. They affect which company to invest in, or what footy team to tip. There are a number of others, of course, that both investors and AFL personnel suffer from, e.g. ‘optimism bias’, ‘self-serving bias’, ‘

"My non-negotiables are 'kicking efficiency' and 'decision-making'. Both of these are key ingredients to a quality footballer. No point getting your hands on the footy if you're going to give it back to the opposition" - Brad Lloyd, Fremantle Dockers Football Club "Good character is essential. Players come from various backgrounds and we never show prejudices. The main quality you like to see is honesty. Many young men make mistakes that tarnish their reputation prior to th

AFL Clubs are responsible for assessing the same asset twice, doubling their chances of error. All successful investors aim to do one thing, buy assets that are selling for less than they are worth. They do their homework on an investment, work out what they believe the intrinsic value is, then compare it to what it is selling for and allocate capital accordingly. If the analysis suggests a particular company is worth $2 a share and its share price is trading well below that