104 years, countless cycles: Why Australia's oldest LIC still believes in the Lucky Country

What can 104 years of investing teach us about today's markets? Whitefield Industrials (ASX: WHF) Managing Director Angus Gluskie joins Livewire's Vishal Teckchandani to discuss the next investment revolution, why investors are becoming too pessimistic, his outlook for CBA and Australia's banks, and Whitefield's move to quarterly dividends. Plus, why he's still bullish on the Lucky Country despite mounting economic uncertainty. Read a written summary, and check out photos from Whitefield's archives, on Livewire: https://www.livewiremarkets.com/wires... Timestamps 00:00 – Introduction 00:55 – Two technological developments that could transform investing 02:31 – Why investor herd behaviour never changes 04:19 – Are investors becoming too pessimistic? 05:42 – Whitefield's portfolio positioning and the potential benefits of AI 08:20 – Why Gluskie remains optimistic about CBA and the banks 12:07 – Why Whitefield is moving to quarterly dividends 14:50 – Dividend reserves: How Whitefield manages sustainable payouts 18:00 – Why Gluskie remains bullish on Australia despite its recent underperformance