A Billion Dollar Backflip, Big Tech in the Community Portfolio & Ren’s Two Things

Bryce and Ren unpack the White House’s billion-dollar offshore wind reversal, what Australia’s inflation print really tells us, and why one Equity Mates team member thinks Spotify’s sell-off is an opportunity investors shouldn’t ignore. 00:00 Intro 01:32 Trump’s $1B Energy Backflip 03:01 Meta & Google Lawsuits Heat Up 06:00 Australia Inflation Update 07:28 Fuel Shortages & Market Reactions 09:08 Long-Term Investing Mindset 10:58 Community Portfolio 11:57 Spotify Stock Pitch 14:46 Spotify Investment Case 19:35 Portfolio Performance Update 21:12 Baby Berkshire: Markel 26:37 Rule of 80 Companies 30:34 Episode Wrap-Up Stocks and ETFs mentioned: TotalEnergies (NYSE: TTE), Meta Platforms (NASDAQ: META), Alphabet (NASDAQ: GOOGL), Spotify Technology (NYSE: SPOT), Apple (NASDAQ: AAPL), YouTube Music, Berkshire Hathaway (NYSE: BRK.B), Markel Group (NYSE: MKL), Eli Lilly (NYSE: LLY), NVIDIA (NASDAQ: NVDA), Broadcom (NASDAQ: AVGO), Pro Medicus (ASX: PME), WiseTech Global (ASX: WTC), Betashares Diversified All Growth ETF (ASX: DHHF), S&P 500 (INDEX: SPX) ——— Join us on Saturday 24 October in Sydney at Carriageworks for a day designed to prove that finance doesn’t have to be boring. We believe investing is a life skill everybody should have. FinFest is here to make learning it fun. You’ll hear from some of Australia’s best investors, business leaders and entrepreneurs, take part in educational sessions and connect with thousands of like-minded people – all while enjoying bars, food and entertainment. Leave inspired, better informed, and ready to take the next step on your investing journey. Register your interest for early bird tickets at https://equitymates.com/finfest-2026/ ——— Looking for some of our favourite research tools? • Download our free 4-step stock checklist (https://tinyurl.com/4zjkm3pt) • Download our free Basics of ETF handbook (https://tinyurl.com/7k2z7ebx) • Find company information on TIKR (https://www.tikr.com/?ref=equitymates) • Research reports from Good Research (https://goodresearch.com.au/ref/equit...) • Track your portfolio with Sharesight (https://www.sharesight.com/au/equitym...) ——— Want to get involved? • Join our daily mailing list to stay up to date on all things in business and markets (https://tinyurl.com/2saau2ky) • If you prefer to listen to the daily headlines you now can: (https://open.spotify.com/show/0LpEJNu...) | (https://podcasts.apple.com/us/podcast...) • Have a question? Record a voice note (https://www.speakpipe.com/EquityMates) or send us a message on our website (https://equitymates.com/get-in-touch/) • Join the conversation in the Facebook Discussion Group   / equitymates   • Looking for professional financial advice? https://equitymates.com/advice/ • Check out our 2 bestselling books: https://equitymates.com/books/ ——— Follow us on: Instagram:   / equitymates   X:   / equitymates   TikTok:   / equitymates   LinkedIn:   / equity-mates   ——— Equity Mates Investing is a product of Equity Mates Media. This podcast is intended for education and entertainment purposes. Any advice is general advice only, and has not taken into account your personal financial circumstances, needs or objectives. Before acting on general advice, you should consider if it is relevant to your needs and read the relevant Product Disclosure Statement. And if you are unsure, please speak to a financial professional. Equity Mates Media operates under Australian Financial Services Licence 540697.