Find links to relevant media articles on a variety of interesting topics over time. They are in no particular order unless there is a recent one, which I’ll pin to the top. Note that some of them can be quite old. I’ll still include them if they are interesting, but be sure to check the dates.
Khassan asked Leese to produce a growth strategy plan for the Australian market to test his vision and whether he was a good fit for TradingView. Leese tells BOSS it was “a big task”, but worth it. “I came to them, so if they wanted something, I was happy to provide it,” he says. “Too [often], people hold their cards close to their chest … wanting to guard the knowledge they have. The key is to share it openly and remain positive about the possibilities.” Leese, who is now chief growth officer at fintech company Scanz.com after more than four years with TradingView, says he would be reluctant to return to a traditional recruitment process in the future, as he reckons his direct approach is more empowering, engaging and more likely to result in a “win-win situation”.
What should investors expect next from BNPL stocks? Here’s one expert’s view on the sector’s future
Stockhead 26/02/2021
“There is very much a race to ‘control it all’ right now. Afterpay acquired Pegantis in Europe and Zip acquired Quadpay in the US as examples. Investors looking for value might look for future M&A activity.” And potentially some of the smaller players could become targets “It’s a game of eat or be eaten,” declared Leese. “Smaller players could look to band together and increase their user base in creative ways or risk being swallowed by the bigger players – either via the acquisition of purely getting pushed out.” “Instead of putting all your money into one BNPL player, it’s generally better to find several providers of various market caps and different business models to spread the risk,” he said. “The sector might be here to stay, but that doesn’t mean all the individual players will be.”
Warren Buffett shocks investors by dumping banks and buying into gold
The New Daily 25/08/2020
“Regardless of Buffett’s personal view of gold as a commodity, the simple fact is that the price of gold is up more than 25 per cent this year, which means a huge increase in profits for gold producers.” And past experience suggests things could get even better for the world’s second-largest gold miner. “The upside potential for Barrick if we do slip into another major market correction could be as much as 80 per cent by simply returning to its previous highs,” Mr Leese said. “It could be speculated that Buffett has chosen Barrick not only for the upside potential and strong fundamentals, but also as a hedge for a potential market correction.”
Almost 10,000 Aussies toyed with GameStop buy
Australian Financial Review 15/02/2021
Glenn Leese, a spokesman for TradingView’s Australian operations, said it was encouraging that the cohort of new and first-time investors was taking time to conduct due diligence before allocating their money. “Social media platforms are providing them with a unique tool for spreading information and triggering mass efforts to move the markets, and it doesn’t look like this new power is going anywhere,” he said. “Being a social network for investors ourselves, we are seeing a spectacular increase in the level of research done by users on the platform to anticipate where markets are going.”
It’s not just Bitcoin (CRYPTO:BTC) driving ASX investor interest
The Motley Fool 05/05/2021
“The popularity of cryptocurrency appears to be moving ahead of most traditional asset classes. This seems to be true of both new and experienced investors. In fact, crypto is more popular than any other asset class among those that have been trading for less than 5 years. Beyond general awareness, there is a key difference between the current crypto rush/momentum and previous ones in that it is not led by mum and dad investors, but rather by more sophisticated investors, institutions and corporates.”
TradingView: Investors must do homework and not put tips before hard yards
The Australian 11/04/2021
“Social media is becoming so normalised in everyday life, and we’re finding more and more ways to use it. Social media is a tool for sharing information, and so it doesn’t surprise me that it’s become more of a tool on standard social media sites to share trading information,” Mr Leese said. “In the last year, we’ve seen a lot of new traders come onto our platform. More users are using social media to access financial markets and I think that’s got a lot to do with it being a very low barrier to entry.” Trading education in the past had often been an isolating process for retail investors, he added. “The fact they can now tap into each other’s knowledge, often in a creative and fun way, is a positive change.” But he cautioned on the need for investors to put in the work to understand the fundamentals of a business rather than relying solely on sentiment. “Most new traders need to understand their own ‘why’. If they’re looking to be in the game long term and actually become good at what they do, then there’s no way around putting the effort in,” he warned.
ASX investors are increasingly relying on each other for financial advice
Stockhead 14/04/2021
“In the past, trading education could be an isolating process for many retail investors, so the fact that they can now tap into each other’s knowledge, often in a creative and fun way, is a positive change.” “Even if we put these results in the context of an exceptional year on the markets, I do believe that community learning is having a beneficial effect on investors and their level of enjoyment,” Mr Leese said.
Australian Traders Favor Stocks and Crypto, TradingView Survey Shows
Coindesk 05/05/2021
“The popularity of cryptocurrency appears to be moving ahead of most traditional asset classes,” said Glenn Leese, TradingView’s director of growth for Australia. There is a key difference between the current crypto market bull run and previous ones, with fewer “mum and dad” investors and increased sophistication among traders, according to Leese. “This brings a new level of credibility for crypto and bitcoin in particular and could help sustain the current momentum for a longer period of time,” he said.
Expert View: Missed out on Tesla? ‘There are other opportunities’ to invest in battery technology
Stockhead 18/01/2021
Leese admits it might be difficult to find another large scale player like Tesla. But investors could find opportunities elsewhere.
Specifically from companies somewhere else in the supply chains or those which might have a foothold on niche requirements. Two areas he says are worth looking at are long distance trucking and energy storage for mining companies.
“A battery is a product, so [ask] how does that to product get put together, what are components, where does it go, who’s involved, who’s the end user? And picking that apart is a more direct way for an investor to find an opportunity,” he said.
Leese did not rule out the prospect that companies without first mover advantage could succeed. But he warned more due diligence was required. “When you look at companies shifting in, [ask] what’s their capacity to take a piece of the market – they may want to shift in the space but can they effectively capture that market?” Leese said. “I’d be comparing that company’s strengths and weaknesses to companies in that space and ask ‘Can they compete once they get there?’
