“There’s always a bull market somewhere in small caps” - Tobias Bucks

About this episode

Tobias Bucks discusses the importance of valuations and highlights potential winners in global small caps tied to various sectors.

If the last decade was about buying growth at any price, this episode is a reminder that valuations still matter. Tobias Bucks (Ausbil) returns to Equity Mates to explain why the next winners may come from overlooked global small caps tied to electrification, defence, data centres and the rebuild of the grid. In this episode: 0:00 What Tobias has changed his mind on 3:14 Growth investing biases and why valuation matters 9:04 Where the bull markets still exist in small caps 12:04 AI infrastructure boom: are we near peak CapEx? 18:03 Tobias’ investing process: finding quality small caps 25:25 Stock deep dive: Mueller Industries 36:06 Stock deep dive: NKT ETFs & Stocks mentioned: Trade Desk (NASDAQ: TTD), Ausbil Global Small Caps Fund, Ausbil Global Small Cap ETF, Mueller Industries (NYSE: MLI), NKT (CPH: NKT), Alphabet (NASDAQ: GOOGL), Oracle (NYSE: ORCL), NVIDIA (NASDAQ: NVDA), Prysmian (BIT: PRY), Nexans (EPA: NEX), S&P 500 Index (INDEXSP: INX) This episode features insights from Ausbil Investment Management. Please refer to Ausbil’s disclaimer here . ——— Want to get involved in the podcast? Record a  voice note  or  send us a message And come and join the…

People in this episode

Guest: Tobias Bucks

Topics covered

• small caps
• investing
• valuation
• electrification
• defence
• data centres
• grid rebuild

Keywords

• growth investing
• bull market
• AI infrastructure
• investing process
• quality small caps

Mentioned in this episode

Products: Ausbil Global Small Caps Fund, Ausbil Global Small Cap ETF, Mueller Industries, NKT, Trade Desk, Alphabet, Oracle, NVIDIA, Prysmian, Nexans

Places: Australia

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