Hofflin: Big moves are creating great value on the ASX

In this episode of The Rules of Investing, Lazard Asset Management's Dr Philipp Hofflin explains how increasing volatility and reduced liquidity are creating opportunities, takes a look back at the “fallen angel” stocks he bought a year ago, and picks another beaten up stock that’s great value. Time codes 0:00 - Introduction and explainer on Value investing 1:31 - Multiple factors driving inflationary pressure 8:59 - No short term relief on the inflation front 11:23 - Earnings for ASX companies are holding up 14:30 - Why we are seeing wild swings in large cap shares 17:36 - Looking at technology stocks (ASX:WTC & ASX:XRO) 21:50 - Are there still good opportunities on the ASX? 23:10 - Revisiting Fallen Angels (ASX:IEL, ASX:CSL, ASX:DMP, ASX:SHL ASX:RMD) 26:25 - Shares on Phlipp’s radar today (ASX:NIC) 28:45 - The data behind Value investing 34:46 - A lesson from investing in Whitehaven Coal (ASX:WHC) 36:25 - The US is horrendously expensive 37:45 - One stock to own for the next five years (ASX:IEL)