Burgers, valuations & M&A ft. Chloe Stokes, CFA


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Chloe Stokes, CFA is an investment analyst at Forager Funds Management, focused on international companies.
Chloe joins Owen Rask on The Australian Investors Podcast to talk about her investment process, how to find an edge as an investor, why valuation is key, the inside of mid-tier M&A deals and more.

In this podcast, Chloe tells us:
  • What a typical day in M&A looks like
  • Why DCF valuations are done on every stock the Forager team finds
  • How Chloe builds a thesis and gets a variant perception
  • The 50-page investment process the Forager team use and how analysts check themselves for behavioural biases
  • Chloe's favourite stock and the case for Glassons, a $450m retailer from New Zealand

The advice Chloe would give herself is: imagine you have $1 of income. You could save it, spend it or invest it. Only one of them (investing) would mean you could have $10 leftover after 30 years. The power of compounding!

Watch the video version on the Rask Australia YouTube page.

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Full individual disclosures for each guest are available via the show notes page. Owen and The Rask Group Pty Ltd do NOT receive anything for mentioning super funds, products, shares, bank accounts, etc.

DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser.

Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg

Date recorded: 6 October 2021

152 episodes