43. We Catch-Up Pt. 2 | Banking Royal Commission | Books We're Reading




Equity Mates Investing Podcast show

Summary: [This episode is brought to you by Stake - The Australian investing platform offering access and free brokerage to US markets. For more information & to sign up check out: equitymates.com/stake]   With so much going on in the financial world, we couldn't fit all of our catch-up into one episode. So for this episode we bring you part two of our catch up. In this episode you will learn: Some of the major findings coming out of the Banking Royal Commission Why Tesla has halted production of their mass-market car, the Model 3 About China's recent tariff on Sorghum (and how we predicted this in our Trade War episode) Why the major tech companies are looking to build their own microchips The books the boys have read recently Stocks and Resources Discussed: Banking Royal Commission $200 million paid by customers for services they didn't receive AMP mislead the regulator CBA continued giving credit to a known gambling addict HSBC money laundering story Tesla Halted production of Model 3 Sorghum & The Trade War China impose 179% tariff on US sorghum $216m fleet of sorghum heading towards China diverted Wondering why this little known crop was the target of Chinese tariffs? Microchips Amazon is following Google & Apple into making their own chips Facebook looking to build team to design own chips Books we're reading Buffettology - Mary Buffett One up on Wall Street - Peter Lynch Secrets for profiting in bull and bear markets - Stan Weinstein Trade like a stock market wizard - Mark Minervini Lords of Finance: The bankers who broke the world - Liaquat Ahamed