Latest / Equity Mates Investing Podcast
The Small Cap index is lying to you with Andrew Mitchell
Australia’s small-cap index might have looked calm in FY26, but beneath the surface it was anything but. Ophir Founder and Senior Portfolio Manager Andrew Mitchell joins us to unpack record sector dispersion, why reporting season exposed cracks in the earnings outlook, and how AI & data centre spending are reshaping opportunities for investors. Andrew also takes us inside Ophir’s bottom-up stock-picking process and explains why Codan remains one of the portfolio’s highest-conviction ideas.
In this episode:
00:00 Small caps: calm on the surface, chaos underneath
05:45 What reporting season…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.