Douglas Morris - CEO of Sharesight

"I've eaten many Texas-shaped waffles."

· Podcast Episodes
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I had a great time chatting with Doug from Sharesight. He's a nice guy and I love using Sharesight myself.

It may sound boring but record-keeping is important in share investing and it also gives you insights that can make you a more profitable investor.

We cover a range of topics including:

  • The history of Sharesight and how it works
  • His previous career at Morningstar and an insight into analysis
  • Benchmarking your portfolio against a broader market index
  • The tax treatment of ETFS and those gnarly statements
  • Reducing costs especially in the gravy train that is superannuation
  • Annualised performance and how this can help your investing
Phil Muscatello & Doug Morris

And some great advice for the first time investor - buy and hold a stock that you are familiar with, do your research, download the annual report and have a look at it's chart.

There's a bonus section where we discuss some of the terms that you may be unfamiliar with. We talked about GICS which is the Global Industry Classification Standard. It's worth just having a look at the ASX and what it's made up of.  Here's a site that gives a nice overview.

Sharesight portfolio tracking

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Disclosure: The links provided are affiliate links. I will be paid a commission if you use this link to make a purchase. You will also usually receive a discount by using these links/coupon codes. I only recommend products and services that I use and trust myself. 

Shares for Beginners is for information and educational purposes only. It isn’t financial advice, and you shouldn’t buy or sell any investments based on what you’ve heard here. Any opinion or commentary is the view of the speaker only not Shares for Beginners. This podcast doesn’t replace professional advice regarding your personal financial needs, circumstances or current situation.