How to Build a Better Share Portfolio (Beyond ETFs & LICs)

Many Australians begin their investing journey through ETFs, LICs and superannuation — and rightly so, it is the easiest and fastest way to being your investing journey and start earning passive income via dividends. 

But eventually, many investors become curious about taking the next step:
How do you actually identify a great business?
What makes one company stronger than another?
How do experienced investors determine value?
And how do you build a stronger, more intentional share portfolio over time?

In this episode of SugarMamma’s Fireplay, I sit down with one of Australia’s most respected value investors, Roger Montgomery, founder of Montgomery Investment Management and author of Value.able.

Together, we break down investing in a way that is practical, beginner-friendly and empowering — helping everyday Australians better understand what makes a quality company, how successful investors think, and the habits that matter when building long-term wealth.

IN THIS EPISODE WE DISCUSS:

• The key things to understand before investing in individual shares
• How experienced investors research companies
• Why share price and value are not the same thing
• How to identify quality businesses
• What Return on Equity (ROE) means and why it matters
• The importance of management teams and capital allocation
• Why Roger avoids airlines and certain industries
• How to practise patience and emotional discipline as an investor
• Dividends vs growth: finding the right balance
• The habits that help build serious long-term wealth
• Roger’s most important investing advice for everyday Australians

KEY TAKEAWAYS

• Successful investing is not about hype or quick wins
• Great investing starts with understanding quality businesses
• Patience and discipline matter more than prediction
• Long-term wealth is built slowly and intentionally
• Emotional control is one of the most important investing skills
• Great investors focus on value — not noise

ABOUT ROGER MONTGOMERY

Roger Montgomery is an Australian value investor, founder of Montgomery Investment Management and author of the investing book Value.able.

Roger is widely recognised for helping everyday investors better understand how to identify quality businesses and think more intentionally about long-term investing and value.

DISCLAIMER

This podcast episode is general information only and does not take into account your personal financial situation, needs or objectives. Always do your own research and seek professional advice where appropriate before making financial decisions.

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• Best Seller:The $1000 Project
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(These are Amazon affiliate links to my own books.)

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⚖️ General Advice Warning

While we discuss financial topics, everything shared here is general information only — never personal, product, or investment advice. Always:

• Do your own research.
• Weigh up the pros, cons, fees, caps, taxes, and risks.
• Seek professional advice before making financial decisions.

📜 Financial Planning License Details

The information in this podcast does not take into account your personal circumstances, goals, or needs. Always read relevant Product Disclosure Statements before acquiring any financial product, and seek independent financial advice where appropriate.

Canna Campbell is an Authorised Representative and Financial Adviser of Links Licensee Services Pty Ltd (AFSL No. 700012 | ABN 97 678 975 589).