Equity Mates Investing Podcast All roads lead to Google, Mr. Beat-Up reviews WiseTech & Pimp my Portfolio with Luke Laretive
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Nov 5, 2025 Luke Laretive, an insightful investor and portfolio adviser, helps community member Sheridan refine her portfolio strategy. They discuss core-satellite investing, the impact of thematic bets, and the importance of maintaining a solid core. Simon (Mr. Beat Up) dives into WiseTech, examining its recent scandals and valuation concerns. He critically assesses its acquisition strategy and growth potential while raising red flags about governance and risks. The conversation explores whether WiseTech can rebound and sustain its competitive edge in the logistics software market.
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Anchor Your Portfolio With ETFs
- Keep a steady core of diversified ETFs and use them as the primary driver of long-term returns.
- Use them to balance higher-risk thematic or individual stock punts rather than replacing the core.
From Random Stock Picks To Pruned Portfolio
- Sheridan admits she picked 30 individual stocks randomly and only researched them after buying.
- She later reduced the list to seven and kept two for tax-loss reasons while keeping a core index weighting.
Avoid Redundant Top-100 US ETFs
- Avoid concentrating too heavily in overlapping top-100 US ETFs since they are highly correlated.
- Prefer broader US exposure (e.g., whole-market ETFs) unless you intentionally want concentrated top-weight risk.