I went back on Eric Schleien’s podcast and will do an ongoing series (5-6 episodes) to discuss how I’m approaching the markets during these turbulent times; and also of course where I think there is value to be had.
http://intelligentinvesting.podbean.com
Hope everyone is staying safe during this difficult period. As Churchill said, ‘If you’re going through Hell, keep going.’ – This may indeed be that but we’ll persevere and find a way. Thanks for your ongoing support!
Jeremy
Quick question – I see the Qantas ADRs are trading for ca USD7, each ADR is 10 shares so this is equivalent to 1.19 AUD …. quite a discount to the Sydney price. Do you see a reason for this or any drawback from using the ADR to express a view on the stock?
hi i don’t believe the USD ADR is liquid. i have never looked at it closely though.