The Rules of Investing: How Alex Waislitz uncovers hidden gems
In the ‘go-go 80s’, a young Alex Waislitz worked for the legendary Australian entrepreneur, Robert Holmes á Court. Holmes á Court was Australia’s first billionaire, though he lost much of his fortune in the ’87 crash – a valuable lesson for the young Waislitz. Some 30 years later, Waislitz has built a fortune of his own, primarily through investing well. In an exclusive interview with Livewire, Waislitz explains one of the key lessons he learned working for Holmes á Court: "I learned from him to look for hidden value that others may have overlooked… He was a master at identifying value that others seemed to disregard. I'm always looking for the jewels - what is there in the company that hasn't been noticed?" In our latest podcast, we take a dive into the process that’s allowed him to achieve outstanding returns, including his top reasons to walk away from a potential investment.